[MIECO] General on 23-Jul-2020

Stock
[MIECO]: MIECO CHIPBOARD BHD
Announcement Date
23-Jun-2020
Type
General
Date & Time
23-Jul-2020 10:00
Depositor Date
15-Jul-2020
Venue
Broadcast Venue No. 1, Block C, Jalan Indah 2/6, Taman Indah, Batu 11, 43200 Cheras, Selangor
Description
MIECO CHIPBOARD BERHAD ("MIECO" or "the Company") NOTICE OF FORTY-SEVENTH ANNUAL GENERAL MEETING ("47th AGM") The 47th AGM of the Company will be conducted fully virtual at the broadcast venue via Remote Participation and Voting facilities.
MIECO_Notice of 47th AGM_Administrative Details.pdf
Outcome

The Board of Directors of Mieco Chipboard Berhad ("MIECO" or the "Company") is pleased to announce that at the Forty-SeventhAnnual General Meeting ("47th AGM") of MIECO held today, all the resolutions as set out in the Notice of 47th AGM dated 24June2020, were duly passed by the shareholders of MIECO.

The voting in respect of the resolutions were carried out by way of a poll and the results were validated by Symphony MerchantSdn. Bhd., the Independent Scrutineer appointed by the Company.

This announcement is dated 23 July 2020.

Voting Results

1. Ordinary Resolution 1

Description 
To approve the Payment of Directors' fees and benefits to the Non-Executive
Directors up to an amount of RM250,000.00 from 24 July 2020 until the next
Annual General Meeting of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 26 9
No. of Shares 297,179,890 4,055
% of Voted Shares 99.9986 0.0014
Result Accepted

2. Ordinary Resolution 2

Description 
To re-elect Cheam Tow Yong, who is retiring in accordance with Clause 103 of
the Company's Constitution and who, being eligible, offer himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 33 2
No. of Shares 297,183,445 500
% of Voted Shares 99.9998 0.0002
Result Accepted

3. Ordinary Resolution 3

Description 
To re-elect Ng Wei Ping, who is retiring in accordance with Clause 103 of
the Company's Constitution and who, being eligible, offer himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 33 2
No. of Shares 297,183,445 500
% of Voted Shares 99.9998 0.0002
Result Accepted

4. Ordinary Resolution 4

Description 
To appoint Messrs UHY as Auditors in place of the retiring Auditors, Deloitte PLT and to hold office until the conclusion of the next Annual General Meeting and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 33 2
No. of Shares 297,183,445 500
% of Voted Shares 99.9998 0.0002
Result Accepted

5. Ordinary Resolution 5

Description 
Authority to Issue Shares.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 25 10
No. of Shares 297,175,928 8,017
% of Voted Shares 99.9973 0.0027
Result Accepted

6. Ordinary Resolution 6

Description 
Proposed Renewal of Existing Shareholders' Mandate for Recurrent Related
Party Transactions of a Revenue or Trading Nature ("Proposed Shareholders'
Mandate").
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 27 7
No. of Shares 15,009,796 3,012
% of Voted Shares 99.9799 0.0201
Result Accepted

7. Ordinary Resolution 7

Description 
Proposed Renewal of Authority for the Company to Purchase Its Own Shares
("Proposed Renewal of Share Buy-Back").
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 24 11
No. of Shares 297,148,428 35,517
% of Voted Shares 99.9881 0.0119
Result Accepted

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