[ZENTECH] General on 29-Jul-2020

Stock
[ZENTECH]: ZEN TECH INTERNATIONAL BERHAD
Announcement Date
17-Jul-2020
Type
General
Date & Time
29-Jul-2020 11:00
Depositor Date
22-Jul-2020
Venue
Level 10, Tower 1, Avenue 5 Bangsar South City 59200 Kuala Lumpur
Description
Notice of Fifteenth Annual General Meeting The Fifteenth Annual General Meeting ("15th AGM") of Inix Technologies Holdings Berhad will be conducted via FULLY VIRTUAL MEETING from the Broadcast Venue.
INIX 2020 - Press Ad 4 FINAL.pdf
Outcome

The Board of Directors of Inix Technologies Holdings Berhad wishes to announce that all of the resolutions tabled at the Fifteenth Annual General Meeting held today were duly approved by the shareholders except for Ordinary Resolutions 12 and 13 were not approved by the shareholders.

The following resolutions are to be tabled and voted on at the adjourned annual general meeting of the Company, which is to be fixed on a date within six weeks from the date of the court Order (‘Adjourned AGM’):

a. To re-elect Mr. Lee Yueh Shien, the Directors who retire pursuant to Article 92 of the Companys Articles of Association (‘Ordinary Resolution 5’);

b. To re-elect Mr. Edwin Silvester Das, the Directors who retire pursuant to Article 92 of the Companys Articles of Association (‘Ordinary Resolution 6’);

c. To appoint Mr. Yeoh Eng Kong as Director of Inix Technologies Holdings Berhad (“the Company”) (‘Ordinary Resolution 14’); and

d. To appoint Dato’ Sri Kee Soon Ling as Director of Inix Technologies Holdings Berhad (“the Company”) (‘Ordinary Resolution 15’).


All of the resolutions were voted by poll and the results of the poll were validated by U Search Management Services, the Independent Scrutineer appointed by the Company. Details of the poll resultsis set out in the attachment.

This announcement is dated 29 July 2020.

Voting Results

1. Ordinary Resolution 1

Description 
To approve the payment of Directors fees and benefits for the financial period from 1 August 2018 to 31 January 2020.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 22 4
No. of Shares 168,068,010 5,000,550
% of Voted Shares 97.1107 2.8893
Result Accepted

2. Ordinary Resolution 2

Description 
To approve the Directors fees and benefits payable up to an amount of RM504,000 for the period from 1 February 2020 until the next Annual General Meeting of the Company to be held in 2021.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 22 3
No. of Shares 168,068,010 550
% of Voted Shares 99.9997 0.0003
Result Accepted

3. Ordinary Resolution 3

Description 
To re-elect Dato Megat Fairouz Junaidi Bin Megat Junid who retires in accordance with Article 85 of the Company's Articles of Association of the Company and being eligible, offer himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 22 3
No. of Shares 168,068,010 550
% of Voted Shares 99.9997 0.0003
Result Accepted

4. Ordinary Resolution 4

Description 
To re-elect Dato Zhang Li, the Directors who retire pursuant to Article 92 of the Companys Articles of Association
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 23 3
No. of Shares 168,068,360 5,000,200
% of Voted Shares 97.1109 2.8891
Result Accepted

5. Ordinary Resolution 5

Description 
To re-elect Mr. Lee Yueh Shien, the Directors who retire pursuant to Article 92 of the Companys Articles of Association
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

6. Ordinary Resolution 6

Description 
To re-elect Mr. Edwin Silvester Das, the Directors who retire pursuant to Article 92 of the Companys Articles of Association
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

7. Ordinary Resolution 7

Description 
To re-elect Mr. Zhang Yang, the Directors who retire pursuant to Article 92 of the Companys Articles of Association
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 23 3
No. of Shares 168,068,360 5,000,200
% of Voted Shares 97.1109 2.8891
Result Accepted

8. Ordinary Resolution 8

Description 
To re-appoint Messrs. Jamal, Amin & Partners as the Auditors of the Company for the ensuing year and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 23 3
No. of Shares 168,063,360 5,000,200
% of Voted Shares 97.1109 2.8891
Result Accepted

9. Ordinary Resolution 9

Description 
Authority To Issue And Allot Shares Pursuant To Section 76 Of The Companies Act, 2016
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 23 3
No. of Shares 168,068,360 5,000,200
% of Voted Shares 97.1109 2.8891
Result Accepted

10. Ordinary Resolution 10 (Tier 1)

Description 
RETENTION OF INDEPENDENT NON-EXECUTIVE DIRECTOR
THAT subject to the passing of Ordinary Resolution 3 and based on application of Practice 4.2 of the Malaysian Code of Corporate Governance, Dato Megat Fairouz Junaidi Bin Megat Junid who has served the Board as an Independent Non-Executive Director of the Company for a cumulative term of more than twelve (12) years since 17 June 2005 be and is hereby retained as an Independent Non-Executive Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1 0
No. of Shares 26,970,000 0
% of Voted Shares 100.0000 0.0000
Result Accepted

11. Ordinary Resolution 10 (Tier 2)

Description 
RETENTION OF INDEPENDENT NON-EXECUTIVE DIRECTOR
THAT subject to the passing of Ordinary Resolution 3 and based on application of Practice 4.2 of the Malaysian Code of Corporate Governance, Dato Megat Fairouz Junaidi Bin Megat Junid who has served the Board as an Independent Non-Executive Director of the Company for a cumulative term of more than twelve (12) years since 17 June 2005 be and is hereby retained as an Independent Non-Executive Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 20 5
No. of Shares 141,097,910 5,000,650
% of Voted Shares 96.5772 3.4228
Result Accepted

12. Special Resolution

Description 
Proposed Adoption Of New Constitution Of The Company
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 23 2
No. of Shares 168,068,360 200
% of Voted Shares 99.9999 0.0001
Result Accepted

13. Ordinary Resolution 11

Description 
To remove En. Mohd Anuar Bin Mohd Hanadzlah as a director of the Company with immediate effect
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 24 2
No. of Shares 173,068,360 200
% of Voted Shares 99.9999 0.0001
Result Accepted

14. Ordinary Resolution 12

Description 
To appoint Mr. Lew Wai Mun as a director of the Company
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 3 22
No. of Shares 5,000,360 168,068,100
% of Voted Shares 2.8892 97.1108
Result Rejected

15. Ordinary Resolution 13

Description 
To appoint Mr. Wong Kong Choong @Leong Kong Choong as a director of the Company
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 3 22
No. of Shares 5,000,360 168,068,100
% of Voted Shares 2.8892 97.1108
Result Rejected

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