[REDTONE] AGM on 03-Dec-2019

Stock
[REDTONE]: REDTONE DIGITAL BERHAD
Announcement Date
24-Oct-2019
Type
AGM
Date & Time
03-Dec-2019 10:00
Depositor Date
26-Nov-2019
Venue
Langkawi Room, Bukit Jalil Golf & Country Resort, Bukit Jalil, 57000 Kuala Lumpur
Description
REDtone International Berhad - Notice of the Seventeenth Annual General Meeting
REDtone - Notice of 17th AGM.pdf
Outcome

The Board of Directors ofREDtoneInternational Berhad (“the Company”)wishes toannounce that all resolutions asset outinthe Notice of theSeventeenth Annual General Meeting (“17th AGM”) of the Companydated 25 October 2019were dulypassed by the shareholders of the Companyat the17th AGM held today.

The voting in respect of the resolutions were carried out by way of polland the results of the poll were validated by Messrs. LT Lim & Associates, the independent scrutineer appointed by the Company.

The details of the results of the poll are set out in the table below.

This announcement is dated 3 December 2019.

Voting Results

Resolution Vote in favour Vote Against Results
No. of Shares % No. of Shares % 
Resolution 1

To approve the payment of Directors    fees for an aggregate amount of up to RM810,000 payable to the Non-Executive Directors of the Company on a monthly basis from 4 December 2019 until the next Annual General Meeting of the Company to be held in year 2020.
 527,941,558 99.990000 45,320 0.010000 Carried 
Resolution 2 

To approve the payment of Directors    benefits for an amount of up to RM130,000 payable to the Directors of the Company from 4 December 2019 until the next Annual General Meeting of the Company to be held in year 2020.
 527,946,158 99.990000 40,720 0.010000 Carried 
Resolution 3

To re-elect Dato    Ismail Bin Osman who retires by rotation in accordance with Article 85 of the Company   s Articles of Association.
 527,976,878 99.990000 10,000 0.000000 Carried 
Resolution 4

To re-elect Mr. Avinderjit Singh A/L Harjit Singh who retires by rotation in accordance with Article 85 of the Company   s Articles of Association.
 527,976,878 99.990000 10,000 0.000000 Carried 
Resolution 5

To re-appoint Messrs. Ernst & Young as Auditors of the Company for the ensuing year and to authorise the Board of Directors to fix their remuneration.
 527,976,878 99.990000 10,000 0.000000 Carried 
Resolution 6 (Tier 1)
(Large Shareholders)

Retention of Mr. Mathew Thomas A/L Vargis Mathews as Independent Non-Executive Director.
 386,800,000 100.000000 0 0.000000 Carried 
Resolution 6 (Tier 2)
(Other Shareholders)

Retention of Mr. Mathew Thomas A/L Vargis Mathews as Independent Non-Executive Director.
 140,561,772 99.990000 10,100 0.010000 Carried 
Resolution 7

Authority to Issue Shares pursuant to the Companies Act 2016.
 527,951,968 99.990000 34,910 0.010000 Carried 
Resolution 8

Proposed renewal of and new shareholders    mandate for recurrent related party transactions of a revenue or trading nature (Proposed Mandate I).
 7,179,428 99.900000 7,450 0.100000 Carried 
Resolution 9 

Proposed renewal of shareholders    mandate for recurrent related party transactions of a revenue or trading nature (Proposed Mandate II).
 7,174,828 99.830000 12,050 0.170000 Carried 
Resolution 10

Proposed renewal of shareholders    mandate for recurrent related party transactions of a revenue or trading nature (Proposed Mandate III).
 527,974,828 99.990000 12,050 0.000000 Carried 
Special Resolution

Proposed Adoption of New Constitution of the Company
 527,974,178 99.990000 7,450 0.000000 Carried
Remark
-
Market Buzz
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment