GENERAL MEETINGS: Outcome of Meeting
| MANAGEPAY SYSTEMS BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 20 Dec 2024 |
| Time | 10:00 AM |
| Venue(s) |
Poolside Cove, Sunway Lagoon Club No. 3, Jalan Lagoon Timur, Bandar Sunway 46150 Petaling Jaya Selangor Darul Ehsan Malaysia |
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| Outcome of Meeting | The Board of Directors of ManagePay Systems Berhad ("the Company") wishes to announce that all the resolutions as set out in the Notice of the Fourteenth Annual General Meeting ("14th AGM") of the Company dated 30 October 2024 were duly approved by the shareholders of the Company by way of poll at the 14th AGM of the Company held today, 20 December 2024.
The results of the poll were validated by SKY Corporate Services Sdn. Bhd., the Independent Scrutineers appointed by the Company.
Please refer to the attachment for the details of the poll results.
This announcement is dated 20 December 2024. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To approve the fees up to an aggregate amount of RM300,000 and benefits of up to RM200,000 payable to the Directors of the Company and its subsidiaries for the period from 21 December 2024 until the next Annual General Meeting of the Company and the payment thereof. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 38 | 4 |
| No. of Shares | 328,391,355 | 30,300 |
| % of Voted Shares | 99.9908 | 0.0092 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To re-elect Mr Soon Kian Heng who retires in accordance with Clause 102 of the Constitution of the Company |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 40 | 3 |
| No. of Shares | 328,401,455 | 30,200 |
| % of Voted Shares | 99.9908 | 0.0092 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To re-elect Ms Chan See Wah who retires in accordance with Clause 102 of the Constitution of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 39 | 4 |
| No. of Shares | 328,399,355 | 32,300 |
| % of Voted Shares | 99.9902 | 0.0098 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To re-elect Datin Chin Shea Swong who retires in accordance with Clause 102 of the Constitution of the Company. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 40 | 3 |
| No. of Shares | 328,401,455 | 30,200 |
| % of Voted Shares | 99.9908 | 0.0092 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To re-appoint Baker Tilly Monteiro Heng PLT as Auditors of the Company for the financial year ending 30 June 2025 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 | 40 | 3 |
| No. of Shares | 328,401,455 | 30,200 |
| % of Voted Shares | 99.9908 | 0.0092 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
Authority under Sections 75 and 76 of the Companies Act 2016 for the Directors to allot and issue shares; and Waiver of pre-emptive rights. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 40 | 3 |
| No. of Shares | 328,401,455 | 30,200 |
| % of Voted Shares | 99.9908 | 0.0092 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
Proposed Renewal of Shareholders' Mandate. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 33 | 3 |
| No. of Shares | 65,509,917 | 30,200 |
| % of Voted Shares | 99.9539 | 0.0461 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
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| Description |
Authority for Dato' Mohamad Kamarudin Bin Hassan to continue in office as Independent Director of the Company. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 31 | 4 |
| No. of Shares | 65,499,817 | 30,300 |
| % of Voted Shares | 99.9538 | 0.0462 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | MANAGEPAY SYSTEMS BERHAD |
| Stock Name | MPAY |
| Date Announced | 20 Dec 2024 |
| Category | General Meeting |
| Reference Number | GMA-14122024-00001 |
| Corporate Action ID | MY241214MEET0001 |