GENERAL MEETINGS: Outcome of Meeting
| MATANG BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 22 Nov 2023 |
| Time | 10:00 AM |
| Venue(s) |
Broadcast Venue: Manuka 2 & 3, Unit 29-01, Tower A, Vertical Business Suite Avenue 3, Bangsar South, No. 8, Jalan Kerinchi 59200 Kuala Lumpur Malaysia |
| Outcome of Meeting | The Board of Directors of Matang Berhad ("the Company") wishes to announce that all resolutions as set out in the Notice of the Ninth Annual General Meeting (“AGM”) dated 24 October 2023 were duly passed at the Company's AGM held today.
The resolutions were voted by poll and the result of the poll was verified by Coopers Professional Scrutineers Sdn Bhd, the Independent Scrutineer appointed by the Company.
The results of the poll are set out below.
This announcement is dated 22 November 2023. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To approve the payment of Directors Fees of RM193,500.00 in respect of the financial year ended 30 June 2023. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 163 | 20 |
| No. of Shares | 750,322,141 | 219,279,405 |
| % of Voted Shares | 77.3846 | 22.6154 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To approve the payment of Directors benefits (excluding Directors Fees) of up to RM239,600.00 for the financial period from 1 January 2024 to 31 December 2024. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 158 | 27 |
| No. of Shares | 750,270,803 | 219,385,743 |
| % of Voted Shares | 77.3749 | 22.6251 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To re-elect Dato' Foong Chee Meng retiring in accordance with Clause 125 of the Constitution of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 169 | 18 |
| No. of Shares | 760,530,041 | 219,263,405 |
| % of Voted Shares | 77.6215 | 22.3785 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To re-elect Dato' Ng Keng Heng retiring in accordance with Clause 125 of the Constitution of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 169 | 18 |
| No. of Shares | 760,530,041 | 219,263,405 |
| % of Voted Shares | 77.6215 | 22.3785 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To re-appoint BDO PLT as the Auditors of the Company and to authorise the Directors to fix their remuneration. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 176 | 12 |
| No. of Shares | 979,773,741 | 19,805 |
| % of Voted Shares | 99.9980 | 0.0020 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
To approve the payment of the first and final single-tier dividend of 0.16 sen per ordinary share for the financial year ended 30 June 2023. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 176 | 12 |
| No. of Shares | 979,723,841 | 69,705 |
| % of Voted Shares | 99.9929 | 0.0071 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
Authority to Allot and Issue Shares Pursuant to Section 75 and 76 of the Companies Act 2016 |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 164 | 24 |
| No. of Shares | 760,482,474 | 219,311,072 |
| % of Voted Shares | 77.6166 | 22.3834 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
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| Description |
Proposed Authority for Share Buy-Back |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 169 | 18 |
| No. of Shares | 760,519,812 | 219,253,734 |
| % of Voted Shares | 77.6220 | 22.3780 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | MATANG BERHAD |
| Stock Name | MATANG |
| Date Announced | 22 Nov 2023 |
| Category | General Meeting |
| Reference Number | GMA-22112023-00005 |
| Corporate Action ID | MY231122MEET0005 |