The Board of Directors of REDtone Digital Berhad(formerly known as REDtone International Berhad) ("REDtone") wishes to announce that all the resolutions as set out in the Notice of the Nineteenth Annual General Meeting (“19th AGM”) of REDtone dated 21October 2021were duly passed by the shareholders of REDtone at the 19th AGM held today.
The voting in respect of the resolutions were carried out by way of poll via remote participation and electronic voting and the results were validated by Commercial Quest Sdn. Bhd., the Independent Scrutineer appointed by REDtone.
The details of the poll results are set out below.
This announcement is dated 1December 2021.
Voting Results |
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1. Ordinary Resolution 1 |
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Description |
To approve the payment of Director's fees for an aggregate amount of up to RM1,200,000 payable to the Non-Executive Directors of the Company on a monthly basis from 2 December 2021 until the next Annual General Meeting of the Company to be held in year 2022. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 194 | 38 |
No. of Shares | 546,721,939 | 168,516 |
% of Voted Shares | 99.9692 | 0.0308 |
Result | Accepted | |
2. Ordinary Resolution 2 |
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Description |
To approve the payment of Directors' benefits for an amount of up to RM130,000 payable to the Directors of the Company from 2 December 2021 until the next Annual General Meeting of the Company to be held in year 2022. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 193 | 40 |
No. of Shares | 546,832,444 | 58,016 |
% of Voted Shares | 99.9894 | 0.0106 |
Result | Accepted | |
3. Ordinary Resolution 3 |
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Description |
To re-elect Mr. Lau Bik Soon who retires by rotation in accordance with Clause 117 of the Company's Constitution and being eligible, has offered himself for re-election. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 228 | 11 |
No. of Shares | 546,915,323 | 5,307 |
% of Voted Shares | 99.9990 | 0.0010 |
Result | Accepted | |
4. Ordinary Resolution 4 |
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Description |
To re-elect Ms. Loh Paik Yoong who retires by rotation in accordance with Clause 117 of the Company's Constitution and being eligible, has offered herself for re-election. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 223 | 16 |
No. of Shares | 545,108,623 | 1,812,007 |
% of Voted Shares | 99.6687 | 0.3313 |
Result | Accepted | |
5. Ordinary Resolution 5 |
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Description |
To re-elect Encik Abdul Jalil Bin Abdul Rasheed who retires by rotation in accordance with Clause 116 of the Company's Constitution and being eligible, has offered himself for re-election. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 219 | 20 |
No. of Shares | 545,224,741 | 1,695,889 |
% of Voted Shares | 99.6899 | 0.3101 |
Result | Accepted | |
6. Ordinary Resolution 6 |
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Description |
To re-appoint Messrs. Ernst & Young PLT as Auditors of the Company for the ensuing year and to authorise the Board of Directors to fix their remuneration. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 227 | 12 |
No. of Shares | 546,913,323 | 7,307 |
% of Voted Shares | 99.9987 | 0.0013 |
Result | Accepted | |
7. Ordinary Resolution 7 |
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Description |
Retention of Dato' Mohd Zaini Bin Hassan as an Independent Non-Executive Director. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 212 | 27 |
No. of Shares | 531,180,831 | 15,739,799 |
% of Voted Shares | 97.1221 | 2.8779 |
Result | Accepted | |
8. Ordinary Resolution 8 |
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Description |
Authority to Issue Shares pursuant to the Companies Act 2016. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 208 | 30 |
No. of Shares | 531,253,531 | 15,667,097 |
% of Voted Shares | 97.1354 | 2.8646 |
Result | Accepted | |
9. Ordinary Resolution 9 |
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Description |
Proposed Renewal of Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature with Persons Connected with Tan Sri Dato' Seri Vincent Tan Chee Yioun. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 213 | 17 |
No. of Shares | 182,459,029 | 26,609 |
% of Voted Shares | 99.9854 | 0.0146 |
Result | Accepted | |
10. Ordinary Resolution 10 |
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Description |
Proposed Renewal of Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature with Persons Connected with Tan Sri Dato' Seri Vincent Tan Chee Yioun and companies in which D.Y.M.M. Sultan Ibrahim Ismail Ibni Almarhum Sultan Mahmud Iskandar Al-Haj is also a major shareholder. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 209 | 20 |
No. of Shares | 48,456,229 | 29,409 |
% of Voted Shares | 99.9393 | 0.0607 |
Result | Accepted | |