[ASTINO] AGM on 17-Jan-2020

Stock
[ASTINO]: ASTINO BHD
Announcement Date
28-Nov-2019
Type
AGM
Date & Time
17-Jan-2020 10:30
Depositor Date
10-Jan-2020
Venue
Iconic 4, Level 7, Iconic Hotel, 71, Jalan Icon City, Icon City 14000 Bukit Mertajam Penang
Description
19th Annual General Meeting
Astino - Notice of 19th AGM.pdf
Outcome

The Board of Directors of ASTINO BERHAD ("the Company") is pleased to announce that all the resolutions as set out in the Notice of 19th Annual General Meeting ("AGM") of the Company were duly passed by the shareholders of the Company at the AGM duly held today, 17 January 2020.

All the resolutions were voted on a poll and the results of the poll were validated by Mr. Lim Kian Leong of Messrs Lim, Ho, Cheong & Lok, Advocates & Solicitors, the independent scruitneer appointed by the Company.

This announcement is dated 17th day of January 2020.

Voting Results

1. Ordinary Business Resolution 1

Description 
Approval of payment of a first and final single tier dividend of 1 sen per ordinary share in respect of the financial year ended 31 July 2019
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 17 0
No. of Shares 128,808,264 0
% of Voted Shares 100.0000 0.0000
Result Accepted

2. Ordinary Business Resolution 2

Description 
Re-election of Director, Mr. Ng Hung Seh, who retire in accordance with Article 88 of the Company's Constitution and who being eligible offers himself for re-election
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 17 0
No. of Shares 128,808,264 0
% of Voted Shares 100.0000 0.0000
Result Accepted

3. Ordinary Business Resolution 3

Description 
Re-election of Director, Dato' Haji Mohtar Bin Nong, who retire in accordance with Article 88 of the Company's Constitution and who being eligible offers himself for re-election
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 17 0
No. of Shares 128,808,264 0
% of Voted Shares 100.0000 0.0000
Result Accepted

4. Ordinary Business Resolution 4

Description 
Approval of the payment of Directors' Fee amounting to RM88,000 for the financial year ended 31 July 2019
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 16 0
No. of Shares 127,335,406 0
% of Voted Shares 100.0000 0.0000
Result Accepted

5. Ordinary Business Resolution 5

Description 
Approval of payment of DIrectors' Other Benefits up to RM29,000 from 18 January 2020 to 31 January 2021
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 15 1
No. of Shares 127,334,106 1,300
% of Voted Shares 99.9990 0.0010
Result Accepted

6. Ordinary Business Resolution 6

Description 
Re-appointment of the retiring Auditors, Messrs Crowe Malaysia PLT and to authorise the Directors to fix their remuneration
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 16 1
No. of Shares 128,806,964 1,300
% of Voted Shares 99.9990 0.0010
Result Accepted

7. Special Business Resolution 7

Description 
Authority to issue shares pursuant to Section 75 of the Companies Act 2016
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 16 1
No. of Shares 128,806,964 1,300
% of Voted Shares 99.9900 0.0010
Result Accepted

8. Special Business Resolution 8

Description 
Proposed Renewal of Share Buy-Back Authority
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 17 0
No. of Shares 128,808,264 0
% of Voted Shares 100.0000 0.0000
Result Accepted

9. Special Business Resolution 9

Description 
Proposed Renewal of Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue and Trading Nature
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 11 0
No. of Shares 5,754,264 0
% of Voted Shares 100.0000 0.0000
Result Accepted

10. Special Business Resolution 10

Description 
Continuing Office As Independent Non-Executive Director - Dr. Cheah Soo Jin
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 17 0
No. of Shares 128,808,264 0
% of Voted Shares 100.0000 0.0000
Result Accepted

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