[MAHSING] General on 30-Jun-2021

Stock
[MAHSING]: MAH SING GROUP BHD
Announcement Date
24-Jun-2021
Type
General
Date & Time
30-Jun-2021 10:00
Depositor Date
23-Jun-2021
Venue
Online Meeting Platform via TIIH Online website at https://tiih.online or https://tiih.com.my (Domain registration number with MYNIC: D1A282781) provided by Tricor Investor & Issuing House Services Sdn. Bhd.
Description
Amendment to the Notice of the 29th Annual General Meeting ("AGM") - Change of venue of 29th AGM of Mah Sing Group Berhad from Broadcast Venue to Online Meeting Platform at https://tiih.online
Notification on change of broadcast venue.pdf
Outcome

The Board of Directors of Mah Sing Group Berhad (“Mah Sing” or "Company") wishes to announce that the shareholders of Mah Sing had, at the Twenty-NinthAnnual General Meeting ("AGM") of Mah Sing held on 30June 2021approved all resolutions set out in the notice of AGM dated 30April 2021contained in the Annual Report for the financial year ended 31 December 2020.

All the resolutions were voted by poll and the results of the poll were validated by Asia Securities Sdn Bhd, the Independent Scrutineer appointed by the Company. Details of the said results are set out below.

In connection thereto, the first and final single-tier dividend of 1.66sen per ordinary share in respect of the financial year ended 31 December 2020will be paid on29September 2021to the shareholders registered in the Record of Depositors on 17September 2021.

This announcement is dated 30June 2021.

Voting Results

1. Ordinary Resolution 1

Description 
To approve the declaration of a first and final single-tier dividend of 1.66 sen per ordinary share in respect of the financial year ended 31 December 2020.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 385 18
No. of Shares 1,345,247,543 31,282
% of Voted Shares 99.9977 0.0023
Result Accepted

2. Ordinary Resolution 2

Description 
To approve the Directors' fees of RM228,000 for the financial year ended 31 December 2020.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 334 60
No. of Shares 1,344,614,553 487,422
% of Voted Shares 99.9638 0.0362
Result Accepted

3. Ordinary Resolution 3

Description 
To re-elect Tan Sri Dato' Sri Leong Hoy Kum who retires pursuant to Article 107 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 360 42
No. of Shares 1,335,394,945 9,878,880
% of Voted Shares 99.2657 0.7343
Result Accepted

4. Ordinary Resolution 4

Description 
To re-elect Abd Malik Bin A Rahman who retires pursuant to Article 107 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 359 39
No. of Shares 1,340,339,230 4,894,345
% of Voted Shares 99.6362 0.3638
Result Accepted

5. Ordinary Resolution 5

Description 
To re-appoint Deloitte PLT as Auditors of the Company for the financial year ending 31 December 2021 and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 368 33
No. of Shares 1,342,031,520 3,242,105
% of Voted Shares 99.7590 0.2410
Result Accepted

6. Ordinary Resolution 6

Description 
To approve the proposed authority to allot shares pursuant to Sections 75 and 76 of the Companies Act 2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 335 62
No. of Shares 973,658,171 371,598,354
% of Voted Shares 72.3771 27.6229
Result Accepted

7. Ordinary Resolution 7

Description 
To approve the proposed renewal of shareholders' mandate for recurrent related party transactions of a revenue or trading nature as specified in Section 2.3.1 of the Circular to Shareholders of the Company dated 30 April 2021.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 346 34
No. of Shares 490,949,416 358,445
% of Voted Shares 99.9270 0.0730
Result Accepted

8. Ordinary Resolution 8

Description 
To approve the proposed renewal of share buy-back authority.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 359 41
No. of Shares 975,214,999 370,054,726
% of Voted Shares 72.4922 27.5078
Result Accepted

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