GENERAL MEETINGS: Outcome of Meeting
| MELEWAR INDUSTRIAL GROUP BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 03 Dec 2024 |
| Time | 11:30 AM |
| Venue(s) |
Broadcast Venue: Astana Meeting Room 15th Floor, No. 566, Jalan Ipoh 51200 Kuala Lumpur Malaysia |
| Outcome of Meeting | The Board of Directors of Melewar Industrial Group Berhad ("the Company") is pleased to announce that all the ordinary resolutions as set out in the Notice of the 55th Annual General Meeting ("AGM") of the Company dated 30 October 2024 were duly passed at the aforesaid AGM which was conducted electronically in its entirety via Remote Participation and Voting facilities ("RPV") at the above Broadcast Venue on 3 December 2024. The Audited Financial Statements of the Company for the financial year ended 30 June 2024 and the Reports of the Directors and Auditors thereon were received and duly tabled at the 55th AGM under Agenda 1. All the ordinary resolutions were voted by way of poll via RPV at the 55th AGM in accordance with Paragraph 8.29A(1) of Bursa Malaysia Securities Berhad's Main Market Listing Requirements. The detailed poll results were verified by the Independent Scrutineers, Symphony Corporate Services Sdn Bhd as per attachment. Please refer to the table below for the poll results. |
Voting Results |
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1. 1 |
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| Description |
To approve the payment of Directors' fees amounting to RM408,000.00 for the period from 1 January 2025 to 31 December 2025 to be payable quarterly in arrears to the Non-Executive Directors of the Company. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 78 | 41 |
| No. of Shares | 171,563,150 | 79,242 |
| % of Voted Shares | 99.9538 | 0.0462 |
| Result | Accepted | |
2. 2 |
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| Description |
To approve an amount of up to RM93,000.00 as benefits payable to the Non-Executive Directors of the Company for the period from 1 January 2025 to 31 December 2025. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 78 | 41 |
| No. of Shares | 171,563,050 | 79,642 |
| % of Voted Shares | 99.9536 | 0.0464 |
| Result | Accepted | |
3. 3 |
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| Description |
To re-elect Azlan bin Abdullah who is retiring in accordance with Article 96(1) of the Company's Constitution and who, being eligible, offer himself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 96 | 24 |
| No. of Shares | 171,586,794 | 55,998 |
| % of Voted Shares | 99.9674 | 0.0326 |
| Result | Accepted | |
4. 4 |
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| Description |
To re-elect Datin Seri Raihanah Begum binti Abdul Rahman who is retiring in accordance with Article 96(1) of the Company's Constitution and who, being eligible, offer herself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 95 | 25 |
| No. of Shares | 171,586,792 | 56,000 |
| % of Voted Shares | 99.9674 | 0.0326 |
| Result | Accepted | |
5. 5 |
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| Description |
To re-appoint Messrs KPMG PLT as Auditors of the Company, to hold office until conclusion of the next AGM and to authorise the Directors to fix their remuneration. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 106 | 15 |
| No. of Shares | 171,594,621 | 48,271 |
| % of Voted Shares | 99.9719 | 0.0281 |
| Result | Accepted | |
6. 6 |
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| Description |
To approve the Proposed Renewal of Share Buy-Back Authority. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 98 | 22 |
| No. of Shares | 171,592,892 | 49,900 |
| % of Voted Shares | 99.9709 | 0.0291 |
| Result | Accepted | |
7. 7 |
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| Description |
To approve the Proposed Renewal of Shareholders' Mandate for Recurrent Related Party Transaction with Trace Management Services Sdn Bhd. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 95 | 24 |
| No. of Shares | 3,014,128 | 55,900 |
| % of Voted Shares | 98.1792 | 1.8208 |
| Result | Accepted | |
8. 8 |
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| Description |
To approve the Proposed Renewal and New Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 95 | 24 |
| No. of Shares | 3,014,128 | 55,900 |
| % of Voted Shares | 98.1792 | 1.8208 |
| Result | Accepted | |
9. 9 |
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| Description |
Authority to issue and allot shares pursuant to Sections 75 and 76 of the Companies Act 2016 |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 92 | 28 |
| No. of Shares | 171,144,592 | 498,200 |
| % of Voted Shares | 99.7097 | 0.2903 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | MELEWAR INDUSTRIAL GROUP BERHAD |
| Stock Name | MELEWAR |
| Date Announced | 03 Dec 2024 |
| Category | General Meeting |
| Reference Number | GMA-03122024-00008 |
| Corporate Action ID | MY241203MEET0008 |