GENERAL MEETINGS: Outcome of Meeting

IQ GROUP HOLDINGS BERHAD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 22 Sep 2020
Time 02:30 PM

Venue(s)
R & D Detection Test Floor, IQ Group Holdings Berhad

149 Jalan Sultan Azlan Shah

Taman Perindustrian Bayan Lepas, Fasa 1 (FTZ)

Bayan Lepas, 11900 Penang

Malaysia

Outcome of Meeting

The Board of Directors of IQ Group Holdings Berhad ("the Company") is pleased to announce that all the Ordinary Resolutions as set out in the notice convening the Seventeenth Annual General Meeting ("17th AGM") dated 24 August 2020 were duly passed at the 17th AGM of the Company held today, except for Ordinary Resolution 2 which was withdrawn.

 

All the resolutions tabled were approved by way of voting on poll. The results of the poll were validated by Asia Securities Sdn Berhad, the Scrutineer appointed by the Company. The results of the poll of the 17th AGM is attached herewith.

 

This announcement is dated 22 September 2020.


Voting Results


1. Ordinary Resolution 1

Description
Re-election of Mr Chen, Wen-Chin also known as Kent Chen as Director under the provision of Clause 76(3) of the Constitution of the Company
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 30 0
No. of Shares 63,035,802 0
% of Voted Shares 100.0000 0.0000
Result Accepted

2. Ordinary Resolution 2

Description
Re-election of Ms Leow Mee Hong as Director under the provision of Clause 78 of the Constitution of the Company
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 0 0
No. of Shares 0 0
% of Voted Shares 0.0000 0.0000
Result Withdrawn/ Postponed

3. Ordinary Resolution 3

Description
Approval of Directors' Fees of RM414,000.00 for the year ending 31 March 2021.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 24 0
No. of Shares 4,871,650 0
% of Voted Shares 100.0000 0.0000
Result Accepted

4. Ordinary Resolution 4

Description
Approval of Directors' benefit in accordance with Section 230(1) of the Companies Act 2016 up to an amount of RM264,000.00 from 22 September 2020 until next AGM of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 24 0
No. of Shares 4,871,650 0
% of Voted Shares 100.0000 0.0000
Result Accepted

5. Ordinary Resolution 5

Description
Re-appointment of Messrs Deloitte PLT as Auditors of the Company and to authorise the Board of Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 30 0
No. of Shares 63,035,802 0
% of Voted Shares 100.0000 0.0000
Result Accepted

6. Ordinary Resolution 6 (FIRST TIER)

Description
Continuing in office as an Independent Non-Executive Director for Mr Charlie Ong Chye Lee.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 3 0
No. of Shares 56,534,568 0
% of Voted Shares 100.0000 0.0000
Result Accepted

7. Ordinary Resolution 6 (SECOND TIER)

Description
Continuing in office as an Independent Non-Executive Director for Mr Charlie Ong Chye Lee.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 27 0
No. of Shares 6,501,234 0
% of Voted Shares 100.0000 0.0000
Result Accepted

8. Ordinary Resolution 7

Description
Renewal of Share Buy-Back Authority.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 30 0
No. of Shares 63,035,802 0
% of Voted Shares 100.0000 0.0000
Result Accepted

9. Ordinary Resolution 8

Description
Renewal of Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature and New Shareholders' Mandate for Additional Recurrent Related Party Transactions of a Revenue or Trading Nature.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 26 0
No. of Shares 4,968,650 0
% of Voted Shares 100.0000 0.0000
Result Accepted



Please refer attachment below.

Attachments

IQGHB_AGM2020_Polling result.pdf
360.0 kB




Announcement Info

Company Name IQ GROUP HOLDINGS BERHAD
Stock Name IQGROUP
Date Announced 22 Sep 2020
Category General Meeting
Reference Number GMA-18082020-00007
Corporate Action ID MY200818MEET0007