GLOTEC

0.515

-0.015 (-2.8%)

GENERAL MEETINGS: Outcome of Meeting

GLOBALTEC FORMATION BERHAD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 30 Nov 2023
Time 02:30 PM

Venue(s)
Broadcast Venue at Tricor Business Centre Gemilang Room

Unit 29-01, Level 29, 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 Globaltec Formation Berhad ("Company") wishes to announce that the shareholders of the Company have at the 12th Annual General Meeting ("AGM") held this afternoon, approved all the Ordinary Resolutions as set out in the Notice of AGM dated 31 October 2023 ("Resolutions").


The voting in respect of the Resolutions was carried out by way of a poll, results of which were validated by Asia Securities Sdn. Bhd., an independent scrutineer appointed by the Company. The voting results are set out below.


Voting Results


1. Ordinary Resolution 1

Description
To approve the payment of Directors' fees to the Non-Executive Directors of RM14,000 for their services from 1 October 2023 until the date of this annual general meeting in excess of the current approved limit.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 160 10
No. of Shares 73,545,769 2,430
% of Voted Shares 99.9967 0.0033
Result Accepted

2. Ordinary Resolution 2

Description
To approve the payment of Directors fees to the Non-Executive Directors up to an amount of RM210,000 from 1 December 2023 until the next annual general meeting of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 161 10
No. of Shares 73,546,760 2,430
% of Voted Shares 99.9967 0.0033
Result Accepted

3. Ordinary Resolution 3

Description
To approve the payment of Directors benefits to the Non-Executive Directors up to an amount of RM15,000 from 1 December 2023 until the next annual general meeting of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 159 12
No. of Shares 73,546,709 2,481
% of Voted Shares 99.9966 0.0034
Result Accepted

4. Ordinary Resolution 4

Description
To re-elect Mr. Ooi Boon Pin who retires in accordance with Article 90(1) of the Company's Constitution as Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 167 7
No. of Shares 134,410,550 1,605
% of Voted Shares 99.9988 0.0012
Result Accepted

5. Ordinary Resolution 5

Description
To re-elect Mr. Wong Zee Shin who retires in accordance with Article 90(1) of the Company's Constitution as Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 164 10
No. of Shares 134,032,000 380,155
% of Voted Shares 99.7172 0.2828
Result Accepted

6. Ordinary Resolution 6

Description
To re-elect Dato' Lee Teck Hua who retires in accordance with Article 83 of the Company's Constitution as Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 166 7
No. of Shares 134,410,150 1,605
% of Voted Shares 99.9988 0.0012
Result Accepted

7. Ordinary Resolution 7

Description
To re-elect Ms Au Peck Wai who retires in accordance with Article 83 of the Company's Constitution as Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 167 7
No. of Shares 134,410,550 1,605
% of Voted Shares 99.9988 0.0012
Result Accepted

8. Ordinary Resolution 8

Description
To re-appoint KPMG PLT as Auditors of the Company and authorise the Directors to determine their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 166 9
No. of Shares 134,413,670 2,055
% of Voted Shares 99.9985 0.0015
Result Accepted

9. Ordinary Resolution 9

Description
To retain Mr. Wong Zee Shin as Senior Independent Non-Executive Director of the Company until the end of the term of twelve (12) years as allowed under the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 166 8
No. of Shares 134,406,800 5,355
% of Voted Shares 99.9960 0.0040
Result Accepted

10. Ordinary Resolution 10

Description
To approve authority to allot shares.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 163 11
No. of Shares 134,406,349 5,806
% of Voted Shares 99.9957 0.0043
Result Accepted






Announcement Info

Company Name GLOBALTEC FORMATION BERHAD
Stock Name GLOTEC
Date Announced 30 Nov 2023
Category General Meeting
Reference Number GMA-28112023-00019
Corporate Action ID MY231128MEET0019