GENERAL MEETINGS: Outcome of Meeting
| MTAG GROUP BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 24 Nov 2023 |
| Time | 10:00 AM |
| Venue(s) |
Online Meeting Platform via TIIH Online website at https://tiih.online Malaysia |
| Outcome of Meeting | The Board of MTAG GROUP BERHAD [Registration No. 201801000029 (1262041-V)] (‘the Company’) wishes to announce that all the resolutions set out in the Notice of the 6th Annual General Meeting (‘AGM’) of the Company dated 26 October 2023 were duly passed by the shareholders of the Company by way of poll at its 6th AGM held today. Asia Securities Sdn. Bhd., an independent Scrutineer, was appointed to validate the results of the poll. The details of the voting results are set out below.
This announcement is dated 24 November 2023. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To approve the Directors' fees of RM64,800 payable to Lee Ting Kiat, the Independent Non-Executive Chairman for the financial year ending 30 June 2024. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 64 | 15 |
| No. of Shares | 457,578,102 | 230,000 |
| % of Voted Shares | 99.9498 | 0.0502 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To approve the Directors' fees of RM51,840 payable to Jason Tan Kim Song, the Independent Non-Executive Director for the financial year ending 30 June 2024. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 64 | 14 |
| No. of Shares | 457,578,102 | 229,900 |
| % of Voted Shares | 99.9498 | 0.0502 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To approve the Directors' fees of RM51,840 payable to Dyana Sofya Binti Mohd Daud, the Independent Non-Executive Director for the financial year ending 30 June 2024. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 63 | 15 |
| No. of Shares | 457,577,802 | 230,200 |
| % of Voted Shares | 99.9497 | 0.0503 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To approve the payment of Directors' benefits payable to the Directors of the Company up to an amount of RM40,000 from the close of 6th Annual General Meeting until the conclusion of the 7th Annual General Meeting in year 2024. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 63 | 15 |
| No. of Shares | 457,574,602 | 233,400 |
| % of Voted Shares | 99.9490 | 0.0510 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To re-elect Mr. Chaw Kam Shiang who retires by rotation pursuant to Clause 128 of the Company's Constitution. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 72 | 7 |
| No. of Shares | 457,208,902 | 599,200 |
| % of Voted Shares | 99.8691 | 0.1309 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
To re-elect Mr. Jason Tan Kim Song who retires by rotation pursuant to Clause 128 of the Company's Constitution. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 71 | 8 |
| No. of Shares | 457,206,902 | 601,200 |
| % of Voted Shares | 99.8687 | 0.1313 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
To re-appoint Messrs. Grant Thornton Malaysia PLT as Auditors of the Company for the financial year ending 30 June 2024 and to authorise the Board of Directors to fix their remuneration. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 76 | 5 |
| No. of Shares | 457,711,002 | 98,200 |
| % of Voted Shares | 99.9786 | 0.0214 |
| Result | Accepted | |
8. Special Resolution |
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| Description |
Waiver of Pre-emptive Rights under Section 85 of the Companies Act 2016. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 60 | 18 |
| No. of Shares | 456,857,702 | 445,700 |
| % of Voted Shares | 99.9025 | 0.0975 |
| Result | Accepted | |
9. Ordinary Resolution 8 |
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| Description |
Authority for Directors to issue and allot shares of the Company 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 | 59 | 20 |
| No. of Shares | 457,344,202 | 394,000 |
| % of Voted Shares | 99.9139 | 0.0861 |
| Result | Accepted | |
10. Ordinary Resolution 9 |
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| Description |
Proposed Authority for Share Buy-Back. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 76 | 5 |
| No. of Shares | 457,735,002 | 74,200 |
| % of Voted Shares | 99.9838 | 0.0162 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | MTAG GROUP BERHAD |
| Stock Name | MTAG |
| Date Announced | 24 Nov 2023 |
| Category | General Meeting |
| Reference Number | GMA-22112023-00004 |
| Corporate Action ID | MY231122MEET0004 |