[TIMECOM] General Meeting on 15-Jun-2022

Stock
[TIMECOM]: TIME DOTCOM BHD
Announcement Date
12-May-2022
Reference No.
GMA-11052022-00003
Corporate Action ID
MY220511MEET0003
Type
General Meeting
Date & Time
15-Jun-2022 10:00
Depositor Date
09-Jun-2022
Venue
Broadcast venue at TIME Lobby,Ground Floor,No.14,Jln Majistret U1/26,,HICOM Glenmarie Industrial Park,40150 Shah Alam,Selangor Darul Ehsan,,Malaysia,Meeting platform at https://meeting.boardroomlimited.my,MY
Description
TIME dotCom Berhad ("TIME" or the "Company") - Notice of 25th Annual General Meeting ("25th AGM") The 25th AGM of the Company will be held fully virtual from the broadcast venue and via the meeting platform at https://meeting.boardroomlimited.my.
TIME dotCom 25th AGM.pdf
Outcome
The Board of Directors of TIME dotCom Berhad ("TIME") is pleased to announce that all the resolutions, save for Ordinary Resolution 8, as set out in the Notice of 25th Annual General Meeting ("25th AGM") of TIME dated 13 May 2022, were duly approved by the shareholders of TIME today.

The results of the poll, as attached and set out below, were validated by Scrutineer Solutions Sdn Bhd, the Independent Scrutineer appointed by TIME.

This announcement is dated 15 June 2022.

Voting Results

1. Ordinary Resolution 1

Description 
To re-elect Elakumari Kantilal who retires by rotation in accordance with Rule 103 of the Company's Constitution and being eligible, offers herself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 516 112
No. of Shares 1,286,463,282 21,635,645
% of Voted Shares 98.3460 1.6540
Result Accepted

2. Ordinary Resolution 2

Description 
To re-elect Lee Guan Hong who retires by rotation in accordance with Rule 103 of the Company's Constitution and being eligible, offers himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 614 73
No. of Shares 1,487,569,803 5,757,961
% of Voted Shares 99.6144 0.3856
Result Accepted

3. Ordinary Resolution 3

Description 
To re-elect Datuk Azailiza Mohd Ahad who retires by rotation in accordance with Rule 107 of the Company's Constitution and being eligible, offers herself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 616 72
No. of Shares 1,492,165,217 2,571,270
% of Voted Shares 99.8280 0.1720
Result Accepted

4. Ordinary Resolution 4

Description 
To re-elect Datuk Zainal Amanshah Zainal Arshad who retires by rotation in accordance with Rule 107 of the Company's Constitution and being eligible, offers himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 617 71
No. of Shares 1,494,689,217 47,270
% of Voted Shares 99.9968 0.0032
Result Accepted

5. Ordinary Resolution 5

Description 
To approve the payment of Directors' fees amounting up to RM1,224,000 to the Non-Executive Directors from the day after the 25th AGM until the conclusion of the next Annual General Meeting of the Company ("AGM").
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 540 147
No. of Shares 1,342,656,087 152,064,800
% of Voted Shares 89.8265 10.1735
Result Accepted

6. Ordinary Resolution 6

Description 
To approve the payment of Directors' Benefits which include meeting allowance, medical and hospitalisation coverage and other claimable benefits incurred from the day after the 25th AGM until the conclusion of the next AGM.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 569 117
No. of Shares 1,494,605,977 113,350
% of Voted Shares 99.9924 0.0076
Result Accepted

7. Ordinary Resolution 7

Description 
To re-appoint Messrs KPMG PLT as Auditors and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 617 68
No. of Shares 1,488,288,857 5,296,530
% of Voted Shares 99.6454 0.3546
Result Accepted

8. Ordinary Resolution 8

Description 
(Tier 1: Large Shareholder(s) only)
Retention of Hong Kean Yong as Independent Non-Executive Director
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 2 0
No. of Shares 531,523,077 0
% of Voted Shares 100.0000 0.0000
Result Accepted

9. Ordinary Resolution 8

Description 
(Tier 2: Shareholders other than Large Shareholder(s))
Retention of Hong Kean Yong as Independent Non-Executive Director
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 547 139
No. of Shares 439,598,812 523,614,598
% of Voted Shares 45.6388 54.3612
Result Rejected

Remark
-
Market Buzz

2024-04-15

Insider

EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 492,200 shares on 08-Apr-2024.

Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment