GENERAL MEETINGS: Outcome of Meeting

MATANG BERHAD

Type of Meeting Annual General Meeting
Indicator Outcome of Meeting
Date of Meeting 27 Nov 2018
Time 02:30 PM
Venue
Function Rooms BCD, Level G, Sime Darby Convention Centre, 1A, Jalan Bukit Kiara 1, Bukit Kiara, 60000 Kuala Lumpur
Outcome of Meeting

The Board of Directors of Matang Berhad wishes to announce that all resolutions as set out in the Notice of the Fourth Annual General Meeting (“AGM”) dated 29 October 2018 were duly passed at the 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 result of the poll are set out below.

This announcement is dated 27 November 2018.

Voting Results

Resolution Vote in favour Vote Against Results
No. of Shares % No. of Shares %
Ordinary Resolution 1: To approve the payment of a first and final single-tier dividend of 0.2 sen per ordinary share for the financial year ended 30 June 2018
249,974,630 98.097000 4,850,000 1.903000 Carried
Ordinary Resolution 2: To approve the payment of Directors’ Fees of RM85,000 in respect of the financial year ended 30 June 2018
229,060,630 97.683000 5,434,000 2.317000 Carried
Ordinary Resolution 3: To approve the payment of Directors’ benefits (excluding Directors’ fees) of up to RM60,000 for the financial period from 1 January 2019 to 31 December 2019
229,116,530 97.707000 5,378,100 2.293000 Carried
Ordinary Resolution 4: To re-elect Dato' Foong Chee Meng the Director who is retiring in accordance with Article 95 of the Constitution of the Company
254,202,530 99.756000 622,100 0.244000 Carried
Ordinary Resolution 5: To re-elect Dato' Ng Keng Heng the Director who is retiring in accordance with Article 95 of the Constitution of the Company
254,151,530 99.736000 673,100 0.264000 Carried
Ordinary Resolution 6: To re-elect Datuk Teoh Sew Hock the Director who is retiring in accordance with Article 95 of the Constitution of the Company
254,148,530 99.735000 676,100 0.265000 Carried
Ordinary Resolution 7: To re-appoint Messrs BDO as the Auditors of the Company and to authorise the Directors to fix their remuneration
249,952,630 98.088000 4,872,000 1.912000 Carried
Ordinary Resolution 8: Authority to Allot and Issue Shares Pursuant to Section 75 and 76 of the Companies Act 2016
254,300,630 99.794000 524,000 0.206000 Carried
Special Resolution: Proposed Adoption of New Constitution of the Company
254,804,630 99.992000 20,000 0.008000 Carried


Please refer attachment below.

Attachments

Outcome of AGM 2018.pdf
134.6 kB



Announcement Info

Company Name MATANG BERHAD
Stock Name MATANG
Date Announced 27 Nov 2018
Category General Meeting
Reference Number GMA-26112018-00001