The Board of Directors of Ire-Tex Corporation Berhad (“IRETEX”) wishes to inform that all resolutions set out in the Notice of the Fifteenth Annual General Meeting ("15th AGM") dated 19 September 2017 were tabled and voted by poll at the 15th AGM and the outcome of the resolutions are as follows:-

Resolution 1 was on the re-election of Encik Ahmad Amryn Bin Abd Malek who retires in accordance with Article 102 of the Company’s Articles of Association and the motion was not carried.

Resolution 2 was on the re-election of Mr Chin Wui Choong who retires in accordance with Article 102 of the Company’s Articles of Association and the motion was not carried.

Resolution 3 was on the re-election of Mr Mak Lin Kum who retires in accordance with Article 102 of the Company’s Articles of Association and the motion was not carried.

Resolution 4 was on the re-election of Mr Chin Peng Wai who retires in accordance with Article 102 of the Company’s Articles of Association and the motion was not carried.

Resolution 5 was on the re-election of Encik Saharun Nizam Bin Saharan who retires in accordance with Article 102 of the Company’s Articles of Association and the motion was not carried.

Resolution 6 was on the re-election of Encik Mohd Fahami Bin Mohamed who retires in accordance with Article 102 of the Company’s Articles of Association and the motion was not carried.

Resolution 7 was on the re-election of Encik Mahyudin Bin Zainal who retires in accordance with Article 102 of the Company’s Articles of Association and the motion was not carried.

Resolution 8 was on the re-election of Dato’ Seri Mohd Shariff Bin Omar who retires in accordance with Article 102 of the Company’s Articles of Association and the motion was not carried.

Resolution 9 was on the approval of the payment of Directors’ fees and other benefits payable of up to RM2.273 million to the Directors of the Company for the financial year ended 31 December 2016 and the motion was not carried.

Resolution 10 was on the approval of the payment of Directors’ fees and other benefits payable of up to RM2.0 million to the Directors of the Company for the financial year ending 31 December 2017 and the motion was not carried.

Resolution 11 was on the re-appointment of Messrs UHY as Auditors of the Company and to authorise the Directors to fix their remuneration and the motion was carried.

Special Business

Resolution 12 was on the authority to allot and issue shares in general pursuant to Sections 75 and 76 of the Companies Act, 2016 and the motion was carried.

Hence, the following Directors have retired from office at the conclusion of the 15th AGM:-

1)           Encik Ahmad Amryn Bin Abd Malek

2)           Mr Chin Wui Choong

3)           Mr Mak Lin Kum

4)           Mr Chin Peng Wai

5)           Encik Saharun Nizam Bin Saharan

6)           Encik Mohd Fahami Bin Mohamed

7)           Encik Mahyudin Bin Zainal

8)           Dato’ Seri Mohd Shariff Bin Omar

The remaining Directors on Board of IRETEX are the following:-

1)           Mr Kong Hon Kay

2)           Dato’ Dr Yap Tatt Keat

The scrutineer is Mr Low Chee Keong of Mustapha, Khoo & Co. Please find attached the polling results for your reference.

This announcement is dated 19 September 2017.