[BNASTRA] General on 21-Jul-2020

Stock
[BNASTRA]: BINASTRA CORPORATION BERHAD
Announcement Date
30-Jun-2020
Type
General
Date & Time
21-Jul-2020 11:00
Depositor Date
13-Jul-2020
Venue
Classics Ballroom, Holiday Villa Subang No. 9, Jalan SS12/1, Subang Jaya 47500 Petaling Jaya Selangor Darul Ehsan
Description
Comintel Corporation Bhd ("Comcorp" or "the Company") Seventeenth ("17th") Annual General Meeting
Comcorp (AGM).pdf
Outcome

COMINTEL CORPORATION BHD (“Comcorp” or “the Company”)

The Board of Directors of Comintel Corporation Bhd (“Comcorp” or “the Company”) wishes to announce that the shareholders of Comcorp have at the Seventeenth Annual General Meeting (“17th AGM”) held this morning approved all the ordinary resolutions and the special resolution as set out in the Notice of 17th AGM dated 1 July 2020 (“Ordinary Resolutions and Special Resolution”)

The voting in respect of the Ordinary Resolutions and Special Resolution was carried out by way of a poll, results of which were validated by Asia Securities Sdn Berhad, the independent scrutineer appointed by Comcorp. Details of the results of the polling in respect of the Ordinary Resolutions at the 17th AGM are set out in the attachment.

Please refer to the attachment.

Voting Results

1. Ordinary Resolution 1

Description 
To approve the payment of Directors Fees of RM120,000/- for the financial year ended 31 January 2020.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 45 3
No. of Shares 5,032,002 300
% of Voted Shares 99.9900 0.0100
Result Accepted

2. Ordinary Resolution 2

Description 
To re-elect Mr Wong Mun Wai who retires pursuant to Regulation 119 of the constitution of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 51 2
No. of Shares 76,618,972 200
% of Voted Shares 100.0000 0.0000
Result Accepted

3. Ordinary Resolution 3

Description 
To re-elect Mr Chong Chun Chieh who retires pursuant to Regulation 119 of the constitution of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 51 2
No. of Shares 76,618,972 200
% of Voted Shares 100.0000 0.0000
Result Accepted

4. Ordinary Resolution 4

Description 
To approve the Payment of Benefits Payable to the Directors under Section 230 (1) of the Companies Act 2016 for the period from 1 February 2020 to the conclusion of the next annual general meeting (AGM) or the expiration of the period within which the next AGM is required by law to be held or revoked/varied by resolution passed by the shareholders in a general meeting, whichever is the earliest.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 44 3
No. of Shares 33,162,682 300
% of Voted Shares 99.9900 0.0100
Result Accepted

5. Ordinary Resolution 5

Description 
To re-appoint Messrs RSM Malaysia as Auditors of the Company and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 51 2
No. of Shares 76,618,972 200
% of Voted Shares 99.9900 0.0100
Result Accepted

6. Ordinary Resolution 6

Description 
To approve the continuing in office of Ms Lee Chai Bee as an Independent Director of the Company as she has served as an Independent Director for more than twelve (12) years until the conclusion of the next Annual General Meeting in accordance with the Malaysian Code of Corporate Governance 2017.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 50 2
No. of Shares 76,588,972 200
% of Voted Shares 100.0000 0.0000
Result Accepted

7. Ordinary Resolution 7

Description 
Authority to Directors to issue Shares pursuant to Section 75 and 76 of the Companies Act 2016
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 51 2
No. of Shares 76,618,972 200
% of Voted Shares 100.0000 0.0000
Result Accepted

8. Ordinary Resolution 8

Description 
Proposed Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue of Trading Nature
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 50 2
No. of Shares 76,118,972 200
% of Voted Shares 99.9900 0.0100
Result Accepted

9. Ordinary Resolution 9

Description 
Proposed Renewal of Authority for the Company to Purchase its Own Shares
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 47 2
No. of Shares 34,288,782 200
% of Voted Shares 99.9900 0.0100
Result Accepted

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