SYSTECH

0.430

+0.02 (+4.9%)

GENERAL MEETINGS: Outcome of Meeting

SYSTECH BHD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 28 Jul 2022
Time 09:00 AM

Venue(s)
Online meeting platform via

https://meeting.boardroomlimited.my/

Boardroom Share Registrars Sdn Bhd in

Malaysia

Outcome of Meeting

The Board of Directors of Systech Berhad ("Systech" or "the Company") wishes to announce that all the resolutions set out in the Notice of the Twelfth Annual General Meeting ("12th AGM") of the Company dated 30 June 2022 were duly passed at the 12th AGM of the Company.

 

All the resolutions were voted by poll and the results of the poll were validated by Sky Corporate Services Sdn Bhd, the Independent Scrutineer appointed by the Company.

 

Please refer to below for details of the poll results.

 

This announcement is dated 28 July 2022.


Voting Results


1. Resolution 1

Description
To approve the payment of Directors fees and allowances to the Non-Executive Directors of up to RM120,000 with effect from 28 July 2022 until the next Annual General Meeting ("AGM") of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 47 15
No. of Shares 192,088,372 125,301
% of Voted Shares 99.9348 0.0652
Result Accepted

2. Resolution 2

Description
To re-elect Mr. Tan Hock Ann who is retiring under Clause 97.1 of the Constitution
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 57 5
No. of Shares 192,208,372 5,301
% of Voted Shares 99.9972 0.0028
Result Accepted

3. Resolution 3

Description
To re-elect the Ms. Ooi Chaw Ying who is retiring under Clause 97.1 of the Constitution
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 57 5
No. of Shares 192,208,372 5,301
% of Voted Shares 99.9972 0.0028
Result Accepted

4. Resolution 4

Description
To re-appoint Messrs. T. H. Kuan & Co. as the Auditors of the Company for the ensuing year and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 57 5
No. of Shares 192,208,372 5,301
% of Voted Shares 99.9972 0.0028
Result Accepted

5. Resolution 5 (Tier 1)

Description
Retention of Mr. Robert Koong Yin Leong as Independent Non-Executive Director
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 2 0
No. of Shares 180,687,820 0
% of Voted Shares 100.0000 0.0000
Result Accepted

6. Resolution 5 (Tier 2)

Description
Retention of Mr. Robert Koong Yin Leong as Independent Non-Executive Director
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 51 8
No. of Shares 11,500,052 7,001
% of Voted Shares 99.9392 0.0608
Result Accepted

7. Resolution 6

Description
Authority to allot and issue shares pursuant to the Companies Act, 2016
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 57 5
No. of Shares 192,208,372 5,301
% of Voted Shares 99.9972 0.0028
Result Accepted

8. Resolution 7

Description
Authority for the Company to purchase its own ordinary shares of up to 10% of the issued share capital
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 60 2
No. of Shares 192,208,573 5,100
% of Voted Shares 99.9973 0.0027
Result Accepted



Please refer attachment below.




Announcement Info

Company Name SYSTECH BHD
Stock Name SYSTECH
Date Announced 28 Jul 2022
Category General Meeting
Reference Number GMA-28072022-00013
Corporate Action ID MY220728MEET0013