MAG Holdings Berhad (fka XingHe Holdings Berhad) ("Company") wishes to announcethat all theresolutions set out in the Notice of Annual General Meeting ("AGM") of 30 July 2020 were duly passed at the AGM held on 4 September 2020.
The results of voting on the said resolutions by poll as set out below wereverified by an independent scrutineer, Commercial Quest Sdn. Bhd.
The announcement is dated 4 September 2020.
Voting Results |
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1. Ordinary Resolution 1 |
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Description |
To approve the payment of Directors' Fees by XW Aquaculture Sdn. Bhd., to the Independent Directors for the financial year ended 31 December 2019. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 21 | 1 |
No. of Shares | 214,689,391 | 50 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
2. Ordinary Resolution 2 |
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Description |
To approve the payment of the Directors' Fees to the Independent Directors from the conclusion of the 15th AGM until the conclusion of the 16th AGM. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 21 | 1 |
No. of Shares | 214,689,391 | 50 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
3. Ordinary Resolution 3 |
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Description |
To approve the payment of attendance allowances to the Independent Directors from the conclusion of the 15th AGM until the conclusion of the 16th AGM. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 21 | 1 |
No. of Shares | 214,689,391 | 50 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
4. Ordinary Resolution 4 |
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Description |
To re-elect Mr. Wang ZhiMin as Director who retires pursuant to Article 106 of the Company's Constitution. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 22 | 0 |
No. of Shares | 214,689,441 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
5. Ordinary Resolution 5 |
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Description |
To re-elect Mr. Yeoh Wooi Kia as Director who retires pursuant to Article 110 of the Company's Constitution. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 22 | 0 |
No. of Shares | 214,689,441 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
6. Ordinary Resolution 6 |
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Description |
To re-elect Mr. Collin Goonting a/l O.S. Goonting as Director who retires pursuant to Article 110 of the Company's Constitution. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 22 | 0 |
No. of Shares | 214,689,441 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
7. Ordinary Resolution 7 |
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Description |
To appoint Moore Stephens Associates PLT as Auditors of the Company for the financial year ending 31 December 2020 at such remuneration to be determined by the Directors. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 22 | 0 |
No. of Shares | 214,689,441 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
8. Ordinary Resolution 8 |
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Description |
To authorise the Directors to allot and issue shares pursuant to Sections 75 and 76 of the Companies Act 2016. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 22 | 0 |
No. of Shares | 214,689,441 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
9. Ordinary Resolution 9 |
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Description |
To approve the renewal of proposed shareholders' mandate for recurrent related party transactions of a revenue or trading nature. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 15 | 0 |
No. of Shares | 165,567,241 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
2024-03-22