GENERAL MEETINGS: Outcome of Meeting

MAGNI-TECH INDUSTRIES BERHAD

Type of Meeting Annual General Meeting
Indicator Outcome of Meeting
Date of Meeting 26 Sep 2019
Time 10:30 AM
Venue
Berjaya 1, 7th Floor, Berjaya Penang Hotel, 1-Stop Midlands Park Centre, Jalan Burmah, 10350 Penang
Outcome of Meeting

The Board of Directors of Magni-Tech Industries Berhad ("the Company") is pleased to announce that all the resolutions put to the 22nd Annual General Meeting ("AGM") of the Company held today, 26 September 2019 were unanimously carried. 

 

All the resolutions were voted upon by poll and the results of the poll were validated by Messrs. Quantegic Services Sdn. Bhd., the independent scrutineer appointed by the Company.

 

The results of the poll are set out below.

 

This announcement is dated 26 September 2019.

Voting Results

Resolution Vote in favour Vote Against Results
No. of Shares % No. of Shares %
Ordinary Resolution 1
To re-elect Puan Mawan Noor Aini Binti Md. Ismail as a Director of the Company
109,462,523 93.764215 7,279,800 6.235785 Carried
Ordinary Resolution 2
To re-elect Mr. H'ng Cheok Seng as a Director of the Company
101,616,623 87.043516 15,125,700 12.956484 Carried
Ordinary Resolution 3
To approve the payment of a Single Tier Final Dividend 
116,742,323 100.000000 0 0.000000 Carried
Ordinary Resolution 4
To approve the payment of Directors' Fees
115,393,623 99.964395 41,100 0.035605 Carried
Ordinary Resolution 5
To re-appoint Messrs. Grant Thornton as Auditors of the Company
116,740,823 99.998715 1,500 0.001285 Carried
Ordinary Resolution 6
To authorise the Directors to Allot and Issue Shares in the Company
109,410,273 93.720261 7,331,050 6.279739 Carried
Ordinary Resolution 7
To approve the Proposed Renewal of Share Buy-Back Authority
116,740,823 99.998715 1,500 0.001285 Carried
Ordinary Resolution 8
To retain Puan Mawan Noor Aini Md. Ismail as Independent Director of the Company 
109,419,923 93.727725 7,322,400 6.272275 Carried
Special Resolution 1
To approve the amendments of the Constitution of the Company 
116,731,823 99.991006 10,500 0.008994 Carried


Please refer attachment below.



Announcement Info

Company Name MAGNI-TECH INDUSTRIES BERHAD
Stock Name MAGNI
Date Announced 26 Sep 2019
Category General Meeting
Reference Number GMA-24092019-00008