[MERIDIAN] AGM on 25-May-2018

Stock
[MERIDIAN]: MERIDIAN BERHAD
Announcement Date
19-Apr-2018
Type
AGM
Date & Time
25-May-2018 09:30
Depositor Date
18-May-2018
Venue
Ballroom 1, Level 5, The Summit Hotel Subang USJ, Persiaran Kewajipan, USJ 1, 47600 UEP Subang Jaya, Selangor Darul Ehsan
Description
Meda Inc. Berhad - Notice of 18th Annual General Meeting
Meda Inc Bhd - Notice of AGM.pdf
Outcome

The Board of Directors of Meda Inc. Berhad ("the Company") is pleased to announce that all the Ordinary Resolutions as per the Notice of the 18th Annual General Meeting ("AGM") dated 20 April 2018 were duly passed by way of poll at the AGM held earlier today. The results of the poll, as verified bythe Scrutineers, GovernAce Advisory & Solutions Sdn. Bhd., are as follows:-

Resolution

Two-tier Voting

Votes in Favour

Votes Against

Total Votes

No. of Shares

%

No. of Shares

%

No. of Shares

%

Ordinary Resolution 1

Payment of Directors' fees

-

225,197,392

96.13

9,060,501

3.87

234,257,893

100

Ordinary Resolution 2

Payment of Directors' benefits

-

225,197,392

96.13

9,060,501

3.87

234,257,893

100

Ordinary Resolution 3

Re-election of Dato' (Dr.) Teoh Seng Foo as Director

-

225,197,493

96.13

9,060,400

3.87

234,257,893

100

Ordinary Resolution 4

Re-election of Mr. Chin Wing Wah as Director

-

225,196,493

96.13

9,060,400

3.87

234,256,893

100

Ordinary Resolution 5

Re-appointment of Auditors

-

234,254,893

99.999

3,000

0.001

234,257,893

100

Ordinary Resolution 6

Proposed Retention of Independent Director

Tier 1(*)

105,640,200

100

0

100

105,640,200

100

Tier 2(**)

119,556,293

92.96

9,060,400

7.04

128,616,693

100

Ordinary Resolution 7

Authority pursuant to Section 75 and 76 of the Companies Act, 2016 for Directors to issue shares

-

225,197,493

96.13

9,060,400

3.87

234,257,893

100

The announcement is dated 25 May 2018.

Notes :

*

Tier 1 - Only the large shareholder(s), means a person who -

  • is entitled to exercise, or control the exercise of, not less than 33% of the voting shares in the company;
  • is the largest shareholder of voting shares in the company;
  • has the power to appoint or cause to be appointed a majority of the directors of the company; or
  • has the power to make or cause to be made, decisions in respect of the business or administration of the company, and to give effect to such decisions or cause them to be given effect to.

**

Tier 2 - Other shareholders

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