GENERAL MEETINGS: Outcome of Meeting
| TURBO-MECH BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 23 May 2022 |
| Time | 03:00 PM |
| Venue(s) |
Tiara Rini Ballroom The Royale Chulan The Curve Hotel 6 Jalan PJU 7/3, Mutiara Damansara 47800 Petaling Jaya, Selangor Darul Ehsan Malaysia |
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| Outcome of Meeting | The Board of Directors of Turbo-Mech Berhad ("the Company") wishes to announce that all the resolutions as set out in the Notice of the Thirteenth Annual General Meeting ("13th AGM") of the Company dated 22 April 2022 were duly approved by the shareholders of the Company by way of poll at the 13th AGM of the Company held today, 23 May 2022.
The results of the poll were validated by Messrs SJ & Co., the Independent Scrutineers appointed by the Company.
The details of the poll results for Ordinary Resolution 9 are as follows:-
Please refer to the attachment for the details of the poll results.
This announcement is dated 23 May 2022. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To approve a final single-tier dividend of 2.0 sen per ordinary share for the financial year ended 31 December 2021. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 12 | 0 |
| No. of Shares | 68,331,307 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To re-elect Mr Gan Kok Ten who retires by rotation pursuant to Clause 101 of the Constitution of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 10 | 0 |
| No. of Shares | 48,833,675 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To re-elect Mr Tam Juat Hong who retires by rotation pursuant to Clause 101 of the Constitution of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 12 | 0 |
| No. of Shares | 68,331,307 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To re-elect Mr Gordon Yong Lin Fooi who retires pursuant to Clause 104 of the Constitution of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 12 | 0 |
| No. of Shares | 68,331,307 | 0 |
| % of Voted Shares | 0.0000 | 0.0000 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To approve the Directors' fees and benefits of up to RM160,000 for the period from 24 May 2022 until the next Annual General Meeting. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 10 | 0 |
| No. of Shares | 67,390,431 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
To re-appoint Messrs Ernst & Young PLT as Auditors of the Company and to authorise the Directors to fix their remuneration. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 12 | 0 |
| No. of Shares | 68,331,307 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
Authority to Allot Shares pursuant to Sections 75 and 76 of the Companies Act 2016. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 12 | 0 |
| No. of Shares | 68,331,307 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
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| Description |
Proposed Renewal of Shareholders' Mandate for Recurrent Related Party Transactions. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 12 | 0 |
| No. of Shares | 68,331,307 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
9. Ordinary Resolution 9 |
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| Description |
Authority for Mr Tam Juat Hong to continue in office as Indpendent Director of the Company. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 9 | 0 |
| No. of Shares | 10,182,551 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | TURBO-MECH BERHAD |
| Stock Name | TURBO |
| Date Announced | 23 May 2022 |
| Category | General Meeting |
| Reference Number | GMA-23052022-00032 |
| Corporate Action ID | MY220523MEET0031 |