[TIMECOM] General on 22-Jul-2021

Stock
[TIMECOM]: TIME DOTCOM BHD
Announcement Date
13-Jul-2021
Type
General
Date & Time
22-Jul-2021 10:00
Depositor Date
15-Jul-2021
Venue
TIME dotCom Berhad, No. 14, Jalan Majistret U1/26, HICOM Glenmarie Industrial Park, 40150 Shah Alam, Selangor Darul Ehsan, Meeting hosted virtually at https://web.lumiagm.com
Description
Notification to Shareholders on the change of venue of the postponed 24th Annual General Meeting ("24th AGM") due to the extended full Movement Control Order. For further details, kindly refer to the attached Notification to Shareholders.
TIME dotCom Berhad - Notification to Shareholders on Change of Venue.pdf
Outcome

The Board of Directors of TIME dotCom Berhad ("TIME") is pleased to announce that all the resolutions as set out in the Notice of Postponed 24th Annual General Meeting ("24thAGM") of TIME dated 23 June 2021, were duly passed by the shareholders at the 24thAGM of TIME held today.

The Audited Financial Statements for the financial year ended 31 December 2020 together with the Reports of the Directors and Auditors thereon were received and duly tabled at the 24th AGM under Agenda 1.

All the resolutions were voted by poll in accordance with Paragraph 8.29A of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.

The results of the poll were validated by Scrutineer Solutions Sdn Bhd, the Independent Scrutineer appointed by TIME and are set out below.

This announcement is dated 22 July 2021.

Voting Results

1. Ordinary Resolution 1

Description 
To re-elect Mark Guy Dioguardi who is retiring in accordance with Rule 103 of the Company's Constitution and, who being eligible, has offered himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 627 49
No. of Shares 488,445,713 1,591,241
% of Voted Shares 99.6753 0.3247
Result Accepted

2. Ordinary Resolution 2

Description 
To re-elect Hong Kean Yong who is retiring in accordance with Rule 103 of the Company's Constitution and, who being eligible, has offered himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 592 51
No. of Shares 440,000,803 1,089,031
% of Voted Shares 99.7531 0.2469
Result Accepted

3. Ordinary Resolution 3

Description 
To re-elect Patrick Corso who is retiring in accordance with Rule 103 of the Company's Constitution and, who being eligible, has offered himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 580 69
No. of Shares 468,822,962 4,978,392
% of Voted Shares 98.9493 1.0507
Result Accepted

4. Ordinary Resolution 4

Description 
To re-appoint Messrs KPMG PLT as Auditors and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 631 42
No. of Shares 489,001,111 135,347
% of Voted Shares 99.9723 0.0277
Result Accepted

5. Ordinary Resolution 5

Description 
To approve the Directors' fees of up to RM984,000 from the day after the 24th AGM until the conclusion of the next AGM of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 537 101
No. of Shares 439,741,815 758,851
% of Voted Shares 99.8277 0.1723
Result Accepted

6. Ordinary Resolution 6

Description 
To approve the payment of Directors' Benefits to the Non-Executive Directors which include meeting allowance, medical and hospitalisation coverage and other claimable benefits incurred from the day after the 24th AGM until the conclusion of the next AGM of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 534 101
No. of Shares 439,721,216 759,050
% of Voted Shares 99.8277 0.1723
Result Accepted

Remark
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