GENERAL MEETINGS: Outcome of Meeting

MTD ACPI ENGINEERING BERHAD

Type of Meeting Annual General Meeting
Indicator Outcome of Meeting
Date of Meeting 05 Sep 2019
Time 09:30 AM
Venue
Menara MTD, 1, Jalan Batu Caves, 68100 Batu Caves, Selangor Darul Ehsan.
Outcome of Meeting

The Board of Directors of MTD ACPI Engineering Berhad ("the Company") is pleased to announce the outcome of the Twenty-Sixth Annual General Meeting of the Company ("AGM") held on 5 September 2019 as follows:

1) The Audited Financial Statements for the financial year ended 31 March 2019 together with the Reports of the Directors and the Auditors thereon tabled at the AGM under Agenda 1, were duly received; and

2) All resolutions as set out in the Notice of the AGM dated 31 July 2019 were duly passed by the shareholders of the Company by way of poll.

The results of the poll were verified by Mega Business Consultancy Division, an Independent Scrutineer appointed by the Company.

The detailed results of the poll are set out in the attachment.

This announcement is dated 5 September 2019.

Voting Results

Resolution Vote in favour Vote Against Results
No. of Shares % No. of Shares %
Ordinary Resolution 1

To approve the payment of additional Directors’ allowance (excluding Directors’ fees) of RM9,000 payable for the period from 6 September 2018 to 4 September 2019.
157,414,756 99.998100 3,000 0.001900 Carried
Ordinary Resolution 2

To approve the payment of Directors’ fees and allowance of up to an aggregate amount of RM303,000 payable for the period from                  5 September 2019 until the next Annual General Meeting of the Company.  
157,417,756 100.000000 0 0.000000 Carried
Ordinary Resolution 3

To re-elect Nik Din bin Nik Sulaiman who retires by rotation in accordance with Article 85 of the Constitution of the Company. 
157,417,756 100.000000 0 0.000000 Carried
Ordinary Resolution 4

To re-elect Nik Faeruz binti Tan Sri Nik Hussain who retires in accordance with Article 92 of the Constitution of the Company. 
157,417,756 100.000000 0 0.000000 Carried
Ordinary Resolution 5

To re-appoint Messrs. BDO PLT as Auditors of the Company until the conclusion of the next Annual General Meeting and to authorise the Directors to fix their remuneration.
157,417,756 100.000000 0 0.000000 Carried
Ordinary Resolution 6

To retain Nik Din bin Nik Sulaiman as an Independent Non-Executive Director of the Company. 
157,417,756 100.000000 0 0.000000 Carried
Ordinary Resolution 7

To retain Dato’ Ir. Kalid bin Alias as an Independent Non-Executive Director of the Company. 
157,417,756 100.000000 0 0.000000 Carried
Ordinary Resolution 8

Authority to Issue and Allot Shares Pursuant to Sections 75 and 76 of the Companies Act 2016.
157,417,756 100.000000 0 0.000000 Carried
Ordinary Resolution 9

Proposed Renewal of Shareholders’ Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature. 
852,347 100.000000 0 0.000000 Carried
Ordinary Resolution 10

Proposed Shareholders’ Mandate for Additional Recurrent Related Party Transactions of a Revenue or Trading Nature.
852,347 100.000000 0 0.000000 Carried
Special Resolution

Proposed Adoption of New Constitution of the Company. 
157,417,756 100.000000 0 0.000000 Carried


Please refer attachment below.



Announcement Info

Company Name MTD ACPI ENGINEERING BERHAD
Stock Name MTDACPI
Date Announced 05 Sep 2019
Category General Meeting
Reference Number GMA-05092019-00002