GENERAL MEETINGS: Outcome of Meeting
| ASTINO BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 21 Jan 2022 |
| Time | 10:30 AM |
| Venue(s) |
Iconic, Level 7 Iconic Hotel 71 Jalan Icon City, Icon City 14000 Bukit Mertajam, Penang Malaysia |
| Outcome of Meeting | The Board of Directors of ASTINO BERHAD ("the Company") is pleased to annouce that all the resolutions as set out in the Notice of 21st Annual General Meeting ("AGM") of the Company were duly passed by the shareholders of the Company at its 21st AGM duly held on 21 January 2022.
All the resolutions were voted on poll and the results of the poll were validated by Messrs Lim, Ho, Cheong & Lok, the independent scruitneer appointed by the Company.
This announcement is dated 21st day of January 2022. |
Voting Results |
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1. Resolution 1 |
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| Description |
To approve the payment of final single tier dividend of 1.0 sen per ordinary share in respect of financial year ended 31 July 2021 |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 27 | 0 |
| No. of Shares | 245,210,520 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
2. Resolution 2 |
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| Description |
To re-elect Mr. Ng Back Teng who retired in accordance with Article 88 of the Company's Constitution, and being eligible has offered himself for re-election |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 25 | 2 |
| No. of Shares | 243,719,220 | 1,491,300 |
| % of Voted Shares | 99.3918 | 0.6082 |
| Result | Accepted | |
3. Resolution 3 |
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| Description |
To re-elect Mr. Ng Hung Weng who retired in accordance with Article 88 of the Company's Constitution, and being eligible has offered himself for re-election |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 25 | 2 |
| No. of Shares | 243,719,220 | 1,491,300 |
| % of Voted Shares | 99.3918 | 0.6082 |
| Result | Accepted | |
4. Resolution 4 |
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| Description |
To approve the payment of Directors' Fees amounting to RM96,000 for the financial year ended 31 July 2021 |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 26 | 1 |
| No. of Shares | 245,208,134 | 2,386 |
| % of Voted Shares | 99.9990 | 0.0010 |
| Result | Accepted | |
5. Resolution 5 |
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| Description |
To approve the payment of Directors' Other Benefits up to RM30,000 from 22 January 2022 to 31 January 2023 |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 26 | 1 |
| No. of Shares | 245,208,134 | 2,386 |
| % of Voted Shares | 99.9990 | 0.0010 |
| Result | Accepted | |
6. Resolution 6 |
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| Description |
To re-appoint Messrs Crowe Malaysia PLT, the retiring Auditors, and to authorise the Directors to fix their remuneration |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 27 | 0 |
| No. of Shares | 245,210,520 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
7. Resolution 7 |
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| Description |
Approval to issue and allot shares pursuant to Section 75 of the Companies Act 2016 |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 27 | 0 |
| No. of Shares | 245,210,520 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
8. Resolution 8 |
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| Description |
Approval on the renewal on share buy-back by the Company |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 27 | 0 |
| No. of Shares | 245,210,520 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
9. Resolution 9 |
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| Description |
Approval on renewal on shareholders' mandate for recurrent related party transactions |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 23 | 0 |
| No. of Shares | 24,748,514 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
10. Resolution 10 |
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| Description |
Continuing in Office as Independent Non-Executive Director for Dr. Cheah Soo Jin |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 1 | 0 |
| No. of Shares | 153,388,620 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
11. Resolution 10 - Tier 2 |
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| Description |
Continuing in Office as Independent Non-Executive Director for Dr. Cheah Soo Jin |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 22 | 4 |
| No. of Shares | 90,328,031 | 1,493,869 |
| % of Voted Shares | 98.3731 | 1.6269 |
| Result | Accepted | |
Announcement Info
| Company Name | ASTINO BERHAD |
| Stock Name | ASTINO |
| Date Announced | 21 Jan 2022 |
| Category | General Meeting |
| Reference Number | GMA-05012022-00003 |
| Corporate Action ID | MY220105MEET0003 |