GENERAL MEETINGS: Outcome of Meeting
| ASTINO BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 12 Jan 2023 |
| Time | 10:30 AM |
| Venue(s) |
Iconic 1, 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 22nd Annual General Meeting ("AGM") of the Company were duly passed by the shareholders of the Company at its 22nd AGM duly held on 12 January 2023.
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.
Dated this 12th day of January 2023. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
Approval of payment of final single tier dividend |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 11 | 1 |
| No. of Shares | 241,334,734 | 2,386 |
| % of Voted Shares | 99.9990 | 0.0010 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
Re-election of Mr. Ng Hung Seh who retired in accordance with Article 88 of the Company's Constitution and being eligible offered himself for re-election |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 12 | 0 |
| No. of Shares | 241,337,120 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
Re-election of Dato Mohtar Bin Nong who retired in accordance with Article 88 of the Company's Constitution, and being eligible offered himself for re-election |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 12 | 1 |
| No. of Shares | 240,095,420 | 1,241,700 |
| % of Voted Shares | 99.4855 | 0.5145 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
Approval of the payment of Directors' Fees amounting to RM96,000 for the financial year ended 31 July 2022 |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 11 | 1 |
| No. of Shares | 241,334,734 | 2,386 |
| % of Voted Shares | 99.9990 | 0.0010 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
||
| Description |
Approval of the payment of benefits payable to Directors of the Company up to RM33,800 from 13 January 2023 to 31 January 2024 |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 11 | 1 |
| No. of Shares | 241,334,734 | 2,386 |
| % of Voted Shares | 99.9990 | 0.0010 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
||
| Description |
Re-appointment of Messrs Crowe Malaysia PLT as Auditors of the Company to hold office until the conclusion of the next AGM 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 | 241,337,120 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
Approval to issue shares pursuant to Section 75 & 76 the Companies Act 2016 |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 12 | 0 |
| No. of Shares | 241,337,120 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
||
| Description |
Approval on renewal of the authority for the Company to purchase its own shares |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 12 | 0 |
| No. of Shares | 241,337,120 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
9. Ordinary Resolution 9 |
||
| Description |
Approval on renewal of the shareholders' mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 9 | 0 |
| No. of Shares | 20,875,114 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
10. Ordinary Resolution 10 |
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| Description |
Continuing In Office as Independent Non-Executive Director of the Company 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. Ordinary Resolution 10 - Tier 2 |
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| Description |
Continuing In Office as Independent Non-Executive Director of the Company for Dr. Cheah Soo Jin |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 10 | 2 |
| No. of Shares | 86,706,617 | 1,241,883 |
| % of Voted Shares | 98.5879 | 1.4121 |
| Result | Accepted | |
Announcement Info
| Company Name | ASTINO BERHAD |
| Stock Name | ASTINO |
| Date Announced | 12 Jan 2023 |
| Category | General Meeting |
| Reference Number | GMA-09012023-00005 |
| Corporate Action ID | MY230109MEET0005 |