GENERAL MEETINGS: Outcome of Meeting

TECHFAST HOLDINGS BERHAD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 20 Jul 2020
Time 10:00 AM

Venue(s)
ROOM ALHAMBRA I & II, LEVEL M1

HOTEL MELIA KUALA LUMPUR

16, JALAN IMBI

55100 KUALA LUMPUR

Malaysia

Outcome of Meeting

The Board of Directors of Techfast Holdings Berhad ("the Company") is pleased to announce that all resolutions as set out in the Notice of the postponed Sixteenth Annual General Meeting  ("16th AGM") of the Company have been passed at the 16th AGM held today.

 

All the resolutions were voted by poll and the results of the poll were validated by Scrutineer Solutions Sdn Bhd, the independent scrutineer appointed by the Company. 

 

Please refer to the attachment for the poll results.

 

This announcement is dated 20 July 2020. 


Voting Results


1. Resolution 1

Description
To approve the payment of Directors fees not exceeding RM120,000 for the period from May 2020  until the 17th Annual General Meeting (17th AGM) in 2021 to Non-Executive Directors.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 14 1
No. of Shares 97,575,425 100
% of Voted Shares 99.9999 0.0001
Result Accepted

2. Resolution 2

Description
To approve the payment of Directors remuneration (excluding Directors fees) not exceeding RM18,000 for the period from May 2020 until the 17th AGM in 2021 to Non-Executive Directors.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 14 1
No. of Shares 97,575,425 100
% of Voted Shares 99.9999 0.0001
Result Accepted

3. Resolution 3

Description
To re-elect Mr. Lim Tock Ooi who retires by rotation in accordance with Article 104(1) of the Companys Constitution and being eligible, has offered himself for re-election. 
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 14 0
No. of Shares 66,390,341 0
% of Voted Shares 100.0000 0.0000
Result Accepted

4. Resolution 4

Description
To re-appoint Messrs Tai, Yapp & Co. PLT (formerly known as Tai, Yapp & Co.) as Auditors of the Company until the conclusion of the next Annual General Meeting and to authorize the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 15 0
No. of Shares 97,575,525 0
% of Voted Shares 100.0000 0.0000
Result Accepted

5. Resolution 5

Description
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 14 1
No. of Shares 97,575,425 100
% of Voted Shares 99.9999 0.0001
Result Accepted

6. Resolution 6

Description
Proposed Renewal of Authority for the Company to Purchase Its Own Shares 
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 15 0
No. of Shares 97,575,525 0
% of Voted Shares 100.0000 0.0000
Result Accepted



Please refer attachment below.




Announcement Info

Company Name TECHFAST HOLDINGS BERHAD
Stock Name TECFAST
Date Announced 20 Jul 2020
Category General Meeting
Reference Number GMA-23062020-00032
Corporate Action ID MY200623MEET0030