The Board of Directors of Ire-Tex Corporation Berhad ("IRETEX") wishes to inform that all resolutions set out in the Notice of the Sixteenth Annual General Meeting ("16th AGM") dated 28th June 2018 were tabled and voted by poll at the 16th AGM and the outcome of the resolutions are as follows:- Ordinary Resolution 1: As MrKong Hon Kay had resigned as Director of the Company on 1 June 2018, and therefore, the Ordinary Resolution 1 for re-election of Mr Kong Hon Kay whoretires in accordance with Article 95 of the Company's Constitution was not considered and was notput to vote. OrdinaryResolution 2: There-election of Y.M. Raja Hizad Bin Raja Kamarulzamanwho retires in accordance with Article 102 of the Company's Constitutionwascarried. OrdinaryResolution 3: As Encik Hamdan Bin Mohd Norresigned as Director of the Company on 1 June 2018, and therefore, the Ordinary Resolution 3 for re-election ofEncik Hamdan Bin Mohd Norwhoretires in accordance with Article 102 of the Company's Constitution was not considered and was notput to vote. OrdinaryResolution 4: The Board has received a Letter from Mr Christopher Purcell informingthat he was NOToffering himself for re-election, and therefore, the Ordinary Resolution 4 for re-election of Mr. Christopher Purcellwho retires in accordance with Article 102 of the Company's Constitution was not considered and was not put to vote. OrdinaryResolution 5: There-election of Encik Kamil Bin Abdul Rahmanwho retires in accordance with Article 102 of the Company's Constitution was carried. OrdinaryResolution 6: There-election of Dato' Koay Kar Huahwho retires in accordance with Article 102 of the Company's Constitution was carried. OrdinaryResolution 7: Theapproval of the payment of Directors' fees of RM36,000.00 to the Non-Executive Directors for the financial period 19 September 2017 to 31 December 2017 was carried. OrdinaryResolution 8: Theapproval of thepayment of Directors' benefits (Meeting Allowance)of RM8,250.00to the Non-Executive Directors for the financial period 19 September 2017 to 31 December 2017 was carried. OrdinaryResolution 9: Theapproval of thepayment of Directors' fees for an aggregrate up to RM339,700.00to the Non-Executive Directors from 1 January 2018 until the conclusion of the next Annual General Meeting of the Companywas not carried. OrdinaryResolution 10: Theapproval of the payment of Directors' benefits(Meeting Allowance) for an aggregate up to RM54,000.00 to the Non-Executive Directors from 1 January 2018 until the conclusion of the next Annual General Meeting was not carried. OrdinaryResolution 11: There-appointment of Messrs UHY as Auditors of the Company and to authorise the Directors to fix their remuneration was notcarried. Special Business Ordinary Resolution 12: Theauthority to allot and issue shares in general pursuant to Sections 75 and 76 of the Companies Act, 2016 was carried. Hence, the following Directorhasretired from office at the conclusion of the 16thAGM:- 1)Mr. Christopher Purcell Upon the 16th AGM, the remaining Directors on Board of IRETEX are the following:- 1) Y.M. Raja Hizad Bin Raja Kamarulzaman 2)Encik Kamil Bin Abdul Rahman 3)Dato' Koay Kar Huah The scrutineer is Mr Tan Yen Wooi of Messrs Tan Yen Wooi & Co. Please find attached the polling results for your reference. This announcement is dated 28 June 2018. |