[REDTONE] General on 02-Dec-2020

Stock
[REDTONE]: REDTONE DIGITAL BERHAD
Announcement Date
22-Oct-2020
Type
General
Date & Time
02-Dec-2020 10:00
Depositor Date
25-Nov-2020
Venue
Broadcast venue at Manhattan V, Level 14, Berjaya Times Square Hotel Kuala Lumpur, No. 1, Jalan Imbi, 55100 Kuala Lumpur
Description
REDtone International Berhad - Notice of the Eighteenth Annual General Meeting
REDtone - Notice of 18th AGM.pdf
Outcome

The Board of Directors of REDtone International Berhad ("REDtone")wishes to announce that all the resolutions as set out in the Notice of the Eighteenth Annual General Meeting (“18th AGM”) of REDtone dated 23 October2020 were duly passed by the shareholders of REDtone at the 18th AGM held today.

The voting in respect of the resolutions were carried out by way of pollvia 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 2 December 2020.

Voting Results

1. Ordinary Resolution 1

Description 
To approve the payment of Directors' 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 3 December 2020 until the next Annual General Meeting of the Company to be held in year 2021.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 115 20
No. of Shares 528,500,163 153,520
% of Voted Shares 99.9710 0.0290
Result Accepted

2. Ordinary Resolution 2

Description 
To approve the payment of Directors' benefits for an amount of up to RM130,000 payable to the Directors of the Company from 3 December 2020 until the next Annual General Meeting of the Company to be held in year 2021.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 114 21
No. of Shares 528,470,163 183,520
% of Voted Shares 99.9653 0.0347
Result Accepted

3. Ordinary Resolution 3

Description 
To re-elect Mathew Thomas a/l Vargis Mathews who retires by rotation in accordance with
Clause 117 of the Company's Constitution and being eligible, has offered himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 126 11
No. of Shares 528,470,933 183,750
% of Voted Shares 99.9652 0.0348
Result Accepted

4. Ordinary Resolution 4

Description 
To re-elect YAM Tunku Tun Aminah binti Sultan Ibrahim Ismail who retires by rotation in accordance with Clause 117 of the Company's Constitution and being eligible, has offered herself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 126 11
No. of Shares 528,597,933 56,750
% of Voted Shares 99.9893 0.0107
Result Accepted

5. Ordinary Resolution 5

Description 
To re-elect Zakaria bin Abdul Hamid who retires by rotation in accordance with Clause 116 of the Company's Constitution and being eligible, has offered himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 126 11
No. of Shares 528,461,933 192,750
% of Voted Shares 99.9635 0.0365
Result Accepted

6. Ordinary Resolution 6

Description 
To re-elect Datuk Seri Jamil bin Salleh who retires by rotation in accordance with Clause 116 of the Company's Constitution and being eligible, has offered himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 125 12
No. of Shares 528,431,933 222,750
% of Voted Shares 99.9579 0.0421
Result Accepted

7. Ordinary Resolution 7

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.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 134 3
No. of Shares 528,651,533 3,150
% of Voted Shares 99.9994 0.0006
Result Accepted

8. Ordinary Resolution 8

Description 
Retention of Dato' Mohd Zaini bin Hassan as Independent Non-Executive Director.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 124 12
No. of Shares 528,389,933 222,750
% of Voted Shares 99.9579 0.0421
Result Accepted

9. Ordinary Resolution 9 - Tier 1

Description 
Retention of Mathew Thomas a/l Vargis Mathews as Independent Non-Executive Director.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 8 0
No. of Shares 388,864,692 0
% of Voted Shares 100.0000 0.0000
Result Accepted

10. Ordinary Resolution 9 - Tier 2

Description 
Retention of Mathew Thomas a/l Vargis Mathews as Independent Non-Executive Director.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 117 12
No. of Shares 139,606,141 183,850
% of Voted Shares 99.8685 0.1315
Result Accepted

11. Ordinary Resolution 10

Description 
Authority to Issue Shares pursuant to the Companies Act 2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 125 12
No. of Shares 528,614,233 40,450
% of Voted Shares 99.9923 0.0077
Result Accepted

12. Ordinary Resolution 11

Description 
Proposed Renewal of and New 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.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 119 10
No. of Shares 139,769,641 20,350
% of Voted Shares 99.9854 0.0146
Result Accepted

13. Ordinary Resolution 12

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.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 118 10
No. of Shares 5,769,641 20,350
% of Voted Shares 99.6485 0.3515
Result Accepted

14. Special Resolution

Description 
Proposed Change of Company's Name from "REDtone International Berhad" to "REDtone Digital Berhad".
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 130 6
No. of Shares 528,642,133 12,450
% of Voted Shares 99.9976 0.0024
Result Accepted

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