GENERAL MEETINGS: Outcome of Meeting
| NOTION VTEC BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 05 Mar 2025 |
| Time | 09:30 AM |
| Venue(s) |
Ballroom 3, Level 1, Wyndham Acmar Klang Hotel No. 1-G-1, Jalan Persiaran Bukit Raja 2/KU1, Bandar Baru Klang 41150 Klang Selangor Darul Ehsan Malaysia |
| Outcome of Meeting | The Board of Directors of Notion VTec Berhad ("the Company") is pleased to announce that all the resolutions as set out in the Notice of the Twenty-First Annual General Meeting ("21st AGM") of the Company dated 17 January 2025 were duly passed by way of poll at the 21st AGM of the Company held on 5 March 2025.
The results of the poll were validated by Quantegic Services Sdn Bhd, the Independent Scrutineer appointed by the Company.
The results of the poll are set out below.
This announcement is dated 5 March 2025. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To re-elect Mr Thoo Chow Fah who is retiring in accordance with Clause 95 of the Constitution of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 52 | 4 |
| No. of Shares | 135,322,343 | 247,652 |
| % of Voted Shares | 99.8173 | 0.1827 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To re-elect Dato' Abu Bakar Bin Mohd Nor who is retiring in accordance with Clause 95 of the Constitution of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 53 | 2 |
| No. of Shares | 128,780,106 | 6,748,200 |
| % of Voted Shares | 95.0208 | 4.9792 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To re-elect Ms Teh Su-Ching who is retiring in accordance with Clause 95 of the Constitution of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 53 | 3 |
| No. of Shares | 130,521,742 | 5,048,253 |
| % of Voted Shares | 96.2763 | 3.7237 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To approve the Directors' Fees of up to RM350,000 (2023: RM350,000) and benefits payable to the Directors of the Company of up to RM50,000 (2023: RM50,000) from 6 March 2025 until the conclusion of the next Annual General Meeting of the Company, to be paid monthly in arrears. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 50 | 3 |
| No. of Shares | 135,523,198 | 58 |
| % of Voted Shares | 99.9999 | 0.0000 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
||
| Description |
To re-appoint Crowe Malaysia PLT as Auditors of the Company and to authorise the Directors to fix their remuneration. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 54 | 2 |
| No. of Shares | 135,569,942 | 53 |
| % of Voted Shares | 99.9999 | 0.0000 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
||
| Description |
To approve the proposed authority to allot and issue shares pursuant to Section 76 of the Companies Act 2016. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 51 | 5 |
| No. of Shares | 128,311,542 | 7,258,453 |
| % of Voted Shares | 94.6460 | 5.3540 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
To approve the proposed granting of options to Ms Teh Su-Ching, Independent Non-Executive Director, under the Long Term Incentive Plan of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 44 | 11 |
| No. of Shares | 126,136,066 | 9,428,929 |
| % of Voted Shares | 93.0447 | 6.9553 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
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| Description |
To approve the proposed granting of options to Mr Alvin Vong Chen Weng, Independent Non-Executive Director, under the Long Term Incentive Plan of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 44 | 11 |
| No. of Shares | 126,141,016 | 9,428,929 |
| % of Voted Shares | 93.0450 | 6.9550 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | NOTION VTEC BERHAD |
| Stock Name | NOTION |
| Date Announced | 05 Mar 2025 |
| Category | General Meeting |
| Reference Number | GMA-05032025-00004 |
| Corporate Action ID | MY250305MEET0003 |