REX

0.105

-0.005 (-4.5%)

GENERAL MEETINGS: Outcome of Meeting

REX INDUSTRY BERHAD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 29 Nov 2021
Time 10:00 AM

Venue(s)
To be held on a fully virtual basis hosted on

Securities Services e-Portal at https://sshsb.net.my/

at Level 7, Menara Milenium, Jalan Damanlela,

Pusat Bandar Damansara, Damansara Heights, 50490 Kuala Lumpur

Malaysia

Outcome of Meeting

The Board of Directors of Rex Industry Berhad ("the Company") wishes to announce that all the resolutions tabled at the Twenty-Seventh Annual General Meeting ("27th AGM") of the Company held today as per the Notice of the 27th AGM of the Company dated 29 October 2021 ("Notice") were approved by the shareholders.

 

All the resolutions were voted by poll via remote participation and electric voting and the results were validated by Commercial Quest Sdn. Bhd., the independent scrutineer appointed by the Company.

 

Details of the results of the poll in respect of all resolutions at the 27th AGM of the Company are set out below.

 

This announcement is dated 29 November 2021.


Voting Results


1. Resolution 1

Description
To approve the payment of Directors' fees payable to the Non-Executive Directors amounting to RM270,750 to be paid on a quarterly basis for the financial year ending 30 June 2022 and thereafter.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 36 4
No. of Shares 335,840,836 166,988
% of Voted Shares 99.9503 0.0497
Result Accepted

2. Resolution 2

Description
To approve the payment of Directors' benefits up to an amount of RM100,000 from 30 November 2021 until the next Annual General Meeting of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 35 5
No. of Shares 335,840,828 166,996
% of Voted Shares 99.9503 0.0497
Result Accepted

3. Resolution 3

Description
To re-elect Encik Adnan bin Admad, who is due to retire in accordance with Clause 115 of the Company's Constitution and being eligible, had offered himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 37 4
No. of Shares 335,840,840 166,988
% of Voted Shares 99.9503 0.0497
Result Accepted

4. Resolution 4

Description
To re-elect Mr. Darmendran Kunaretnam, who is due to retire in accordance with Clause 115 of the Company's Constitution and being eligible, had offered himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 37 4
No. of Shares 335,840,840 166,988
% of Voted Shares 99.9503 0.0497
Result Accepted

5. Resolution 5

Description
To re-appoint Messrs. Moore Stephens Associates PLT as Auditors of the Company until the conclusion of the next Annual General Meeting and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 39 2
No. of Shares 336,007,540 288
% of Voted Shares 99.9999 0.0001
Result Accepted

6. Resolution 6

Description
Authority to Issue Shares pursuant to the Companies Act 2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 38 3
No. of Shares 335,907,540 100,288
% of Voted Shares 99.9702 0.0298
Result Accepted

7. Resolution 7

Description
Proposed Renewal of Existing Shareholder Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 31 3
No. of Shares 142,625,036 100,288
% of Voted Shares 99.9297 0.0703
Result Accepted

8. Resolution 8

Description
Proposed Renewal of Authority for the Company to Purchase its Own Shares.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 38 3
No. of Shares 335,907,540 100,288
% of Voted Shares 99.9702 0.0298
Result Accepted






Announcement Info

Company Name REX INDUSTRY BERHAD
Stock Name REX
Date Announced 29 Nov 2021
Category General Meeting
Reference Number GMA-26112021-00016
Corporate Action ID MY211126MEET0016