[MAGNI] General on 30-Sep-2020

Stock
[MAGNI]: MAGNI-TECH INDUSTRIES BHD
Announcement Date
27-Aug-2020
Type
General
Date & Time
30-Sep-2020 10:30
Depositor Date
21-Sep-2020
Venue
Berjaya 1, 7th Floor, Berjaya Penang Hotel 1-Stop Midlands Park Centre Jalan Burmah 10350 Penang
Description
23rd Annual General Meeting
Magni-Tech Industries Berhad- Notice of 23rd AGM (Ads).pdf
Outcome

The Board of Directors of Magni-Tech Industries Berhad ("the Company") is pleased to announce that all the resolutions put to the 23rdAnnual General Meeting ("AGM") of the Company held today, 30September 2020were unanimously carried.

All the resolutions were voted upon by poll and the results of the poll were validated by Messrs. Quantegic Services Sdn. Bhd.,the independent scrutineer appointed by the Company.

The results of the poll are set out below.

This announcement is dated 30 September 2020.

Voting Results

1. Ordinary Resolution 1

Description 
To re-elect Tan Sri Dato' Seri Tan Kok Ping as a Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 111 28
No. of Shares 285,826,983 23,089,466
% of Voted Shares 92.5257 7.4743
Result Accepted

2. Ordinary Resolution 2

Description 
To re-elect Mr. Tan Poh Heng as a Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 120 18
No. of Shares 306,450,518 2,465,931
% of Voted Shares 99.2017 0.7983
Result Accepted

3. Ordinary Resolution 3

Description 
To approve the payment of Directors' Fees.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 136 0
No. of Shares 308,635,483 0
% of Voted Shares 100.0000 0.0000
Result Accepted

4. Ordinary Resolution 4

Description 
To re-appoint Messrs. Grant Thornton as Auditors of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 138 0
No. of Shares 308,916,449 0
% of Voted Shares 100.0000 0.0000
Result Accepted

5. Ordinary Resolution 5

Description 
To authorise the Directors to Allot and Issue Shares in the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 131 7
No. of Shares 292,958,550 15,957,899
% of Voted Shares 94.8342 5.1658
Result Accepted

6. Ordinary Resolution 6

Description 
To approve the Proposed Renewal of Share Buy-Back Authority.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 135 1
No. of Shares 307,765,883 869,600
% of Voted Shares 99.7182 0.2818
Result Accepted

7. Ordinary Resolution 7

Description 
To retain Puan Mawan Noor Aini Md. Ismail as Independent Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 127 10
No. of Shares 292,814,981 16,091,898
% of Voted Shares 94.7907 5.2093
Result Accepted

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