The Board of Directors of REDtone International Berhad ("REDtone")wishes to announce that all the resolutions as set out in the Notice of the Eighteenth Annual General Meeting (“18th AGM”) of REDtone dated 23 October2020 were duly passed by the shareholders of REDtone at the 18th AGM held today.
The voting in respect of the resolutions were carried out by way of pollvia remote participation and electronic voting and the results were validated by Commercial Quest Sdn. Bhd., the Independent Scrutineer appointed by REDtone.
The details of the poll results are set out below.
This announcement is dated 2 December 2020.
Voting Results |
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1. Ordinary Resolution 1 |
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Description |
To approve the payment of Directors' fees for an aggregate amount of up to RM1,200,000 payable to the Non-Executive Directors of the Company on a monthly basis from 3 December 2020 until the next Annual General Meeting of the Company to be held in year 2021. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 115 | 20 |
No. of Shares | 528,500,163 | 153,520 |
% of Voted Shares | 99.9710 | 0.0290 |
Result | Accepted | |
2. Ordinary Resolution 2 |
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Description |
To approve the payment of Directors' benefits for an amount of up to RM130,000 payable to the Directors of the Company from 3 December 2020 until the next Annual General Meeting of the Company to be held in year 2021. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 114 | 21 |
No. of Shares | 528,470,163 | 183,520 |
% of Voted Shares | 99.9653 | 0.0347 |
Result | Accepted | |
3. Ordinary Resolution 3 |
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Description |
To re-elect Mathew Thomas a/l Vargis Mathews who retires by rotation in accordance with Clause 117 of the Company's Constitution and being eligible, has offered himself for re-election. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 126 | 11 |
No. of Shares | 528,470,933 | 183,750 |
% of Voted Shares | 99.9652 | 0.0348 |
Result | Accepted | |
4. Ordinary Resolution 4 |
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Description |
To re-elect YAM Tunku Tun Aminah binti Sultan Ibrahim Ismail who retires by rotation in accordance with Clause 117 of the Company's Constitution and being eligible, has offered herself for re-election. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 126 | 11 |
No. of Shares | 528,597,933 | 56,750 |
% of Voted Shares | 99.9893 | 0.0107 |
Result | Accepted | |
5. Ordinary Resolution 5 |
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Description |
To re-elect Zakaria bin Abdul Hamid who retires by rotation in accordance with Clause 116 of the Company's Constitution and being eligible, has offered himself for re-election. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 126 | 11 |
No. of Shares | 528,461,933 | 192,750 |
% of Voted Shares | 99.9635 | 0.0365 |
Result | Accepted | |
6. Ordinary Resolution 6 |
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Description |
To re-elect Datuk Seri Jamil bin Salleh who retires by rotation in accordance with Clause 116 of the Company's Constitution and being eligible, has offered himself for re-election. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 125 | 12 |
No. of Shares | 528,431,933 | 222,750 |
% of Voted Shares | 99.9579 | 0.0421 |
Result | Accepted | |
7. Ordinary Resolution 7 |
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Description |
To re-appoint Messrs. Ernst & Young PLT as Auditors of the Company for the ensuing year and to authorise the Board of Directors to fix their remuneration. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 134 | 3 |
No. of Shares | 528,651,533 | 3,150 |
% of Voted Shares | 99.9994 | 0.0006 |
Result | Accepted | |
8. Ordinary Resolution 8 |
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Description |
Retention of Dato' Mohd Zaini bin Hassan as Independent Non-Executive Director. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 124 | 12 |
No. of Shares | 528,389,933 | 222,750 |
% of Voted Shares | 99.9579 | 0.0421 |
Result | Accepted | |
9. Ordinary Resolution 9 - Tier 1 |
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Description |
Retention of Mathew Thomas a/l Vargis Mathews as Independent Non-Executive Director. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 8 | 0 |
No. of Shares | 388,864,692 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
10. Ordinary Resolution 9 - Tier 2 |
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Description |
Retention of Mathew Thomas a/l Vargis Mathews as Independent Non-Executive Director. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 117 | 12 |
No. of Shares | 139,606,141 | 183,850 |
% of Voted Shares | 99.8685 | 0.1315 |
Result | Accepted | |
11. Ordinary Resolution 10 |
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Description |
Authority to Issue Shares pursuant to the Companies Act 2016. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 125 | 12 |
No. of Shares | 528,614,233 | 40,450 |
% of Voted Shares | 99.9923 | 0.0077 |
Result | Accepted | |
12. Ordinary Resolution 11 |
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Description |
Proposed Renewal of and New Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature with Persons Connected with Tan Sri Dato' Seri Vincent Tan Chee Yioun. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 119 | 10 |
No. of Shares | 139,769,641 | 20,350 |
% of Voted Shares | 99.9854 | 0.0146 |
Result | Accepted | |
13. Ordinary Resolution 12 |
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Description |
Proposed Renewal of Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature with Persons Connected with Tan Sri Dato' Seri Vincent Tan Chee Yioun and companies in which D.Y.M.M. Sultan Ibrahim Ismail Ibni Almarhum Sultan Mahmud Iskandar Al-Haj is also a major shareholder. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 118 | 10 |
No. of Shares | 5,769,641 | 20,350 |
% of Voted Shares | 99.6485 | 0.3515 |
Result | Accepted | |
14. Special Resolution |
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Description |
Proposed Change of Company's Name from "REDtone International Berhad" to "REDtone Digital Berhad". |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 130 | 6 |
No. of Shares | 528,642,133 | 12,450 |
% of Voted Shares | 99.9976 | 0.0024 |
Result | Accepted | |