[MENANG] General on 30-Dec-2020

Stock
[MENANG]: MENANG CORPORATION (M) BHD
Announcement Date
23-Dec-2020
Type
General
Date & Time
30-Dec-2020 10:00
Depositor Date
23-Dec-2020
Venue
Broadcast Venue Lots 9-11, Menara Sentral Vista, No. 150, Jalan Sultan Abdul Samad, Brickfields, 50470 Kuala Lumpur
Description
Due to the Covid-19 outbreak and part of the safety measures, the Company has decided that the Fifty-Sixth Annual General Meeting be conducted on a fully virtual basis via remote participation through live stream and online voting.
MENANG - Notification to shareholders and Administrative guide for the Annual General Meeting.pdf
Outcome
The Board of Directors of Menang Corporation (M) Berhad ("the Company") is pleased to announce that save for the ordinary resolutions 3, 7, 8 and 9 which have been withdrawn from tabling by the Chairman of the Meeting, all other resolutions as set out in the Notice of the Fifty-Sixth Annual General Meeting ("56th AGM") of the Company dated 30 October 2020 were duly passed by way of poll at the 56th AGM of the Company held on 30 December 2020.

The results of the poll were validated by Coopers Professional Scrutineers Sdn. Bhd., the Independent Scrutineers appointed by the Company.

The results of the poll are set out below: 

This announcement is dated 30 December 2020.

Voting Results

1. Ordinary Resolution 1

Description 
To approve the Directors' Fees and benefits payable of up to RM450,000.00 to the Directors of the Company from 31 December 2020 until the date of the next Annual General Meeting, to be paid monthly in arrears.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 100 2
No. of Shares 424,173,864 181
% of Voted Shares 100.0000 0.0000
Result Accepted

2. Ordinary Resolution 2

Description 
To re-elect Mr. Too Kok Leng who is retiring pursuant to Clause 103 of the Constitution of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 101 3
No. of Shares 424,174,044 200,001
% of Voted Shares 99.9529 0.0471
Result Accepted

3. Ordinary Resolution 3

Description 
To re-elect Ms. Marianna Binti Aly Shun who is retiring pursuant to Clause 103 of the Constitution of the Company.
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Result Withdrawn/ Postponed

4. Ordinary Resolution 4

Description 
To re-appoint Messrs. Baker Tilly Monteiro Heng PLT as Auditors of the Company and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 101 1
No. of Shares 424,174,044 1
% of Voted Shares 100.0000 0.0000
Result Accepted

5. Ordinary Resolution 5

Description 
Proposed Authority under Section 75 and Section 76 of the Companies Act 2016 for the Directors to allot and issue shares.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 102 1
No. of Shares 424,274,044 1
% of Voted Shares 100.0000 0.0000
Result Accepted

6. Ordinary Resolution 6

Description 
Retention of Mr. Chiam Tau Meng as Independent Director.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 100 3
No. of Shares 424,173,864 100,181
% of Voted Shares 99.9764 0.0236
Result Accepted

7. Ordinary Resolution 7

Description 
To appoint Ms. Liew Sook Pin as Director of the Company
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

8. Ordinary Resolution 8

Description 
To appoint Mr. Toh May Fook as Director of the Company
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

9. Ordinary Resolution 9

Description 
To remove Dr. Christopher Shun Kong Leng, CFP  , RFP as Director of the Company
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

Remark
-
Market Buzz

2024-04-23

Additional Listing

Exercise of Warrants - 45,000 shares at 0.500.

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