[MAG] General Meeting on 29-Nov-2023

Stock
[MAG]: MAG HOLDINGS BERHAD
Announcement Date
31-Oct-2023
Reference No.
GMA-31102023-00011
Corporate Action ID
MY231030MEET0032
Type
General Meeting
Date & Time
29-Nov-2023 09:00
Depositor Date
21-Nov-2023
Venue
Balai Tunku Abdul Rahman,The Royal Commonwealth Society No. 4, Jalan Birah, Damansara Heights 50490 Kuala Lumpur W.P. Kuala Lumpur
Description
MAG Holdings Berhad 18th Annual General Meeting
MAG - Notice of AGM 2023.pdf
Outcome

MAG Holdings Berhad wishes to announcethat all theresolutions set out in the Notice of 18th AnnualGeneral Meeting (18thAGM) dated 31October2023wereduly passed at the 18th AGM held on 29 November 2023.

The results of voting on the said resolutions by poll as set out below were verified by the Independent Scrutineer, Commercial Quest Sdn. Bhd.

The announcement is dated 29 November 2023.

Voting Results

1. Ordinary Resolution 1

Description 
To approve the payment of a Final Single Tier Dividend of 0.1 sen per ordinary share for the FYE2023.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 61 1
No. of Shares 520,185,600 15,000
% of Voted Shares 99.9971 0.0029
Result Accepted

2. Ordinary Resolution 2

Description 
To approve the payment of Directors' fees from the conclusion of the 18th AGM until the conclusion of the 19th AGM.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 60 2
No. of Shares 520,185,500 15,100
% of Voted Shares 99.9971 0.0029
Result Accepted

3. Ordinary Resolution 3

Description 
To approve the payment of daily meeting attendance allowance of RM500 to the Non-Executive Directors from the conclusion of the 18th AGM until the conclusion of the 19th AGM.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 59 3
No. of Shares 520,185,370 15,230
% of Voted Shares 99.9971 0.0029
Result Accepted

4. Ordinary Resolution 4

Description 
To re-elect Datuk Lim Si Cheng who retire pursuant to Article 106 of the Company's Constitution (Constitution) and who has offered himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 61 1
No. of Shares 520,185,600 15,000
% of Voted Shares 99.9971 0.0029
Result Accepted

5. Ordinary Resolution 5

Description 
To re-elect Mr. Melvin Lim Chun Woei who retire pursuant to Article 106 of the Constitution and who has offered himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 61 1
No. of Shares 520,185,600 15,000
% of Voted Shares 99.9971 0.0029
Result Accepted

6. Ordinary Resolution 6

Description 
To re-elect Mr. Wan Mohd Hazrie bin Wan Mokhtar who retire pursuant to Article 110 of the Constitution and who has offered himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 61 1
No. of Shares 520,185,600 15,000
% of Voted Shares 99.9971 0.0029
Result Accepted

7. Ordinary Resolution 7

Description 
To re-elect Ms. Wong Jo Ann who retire pursuant to Article 110 of the Constitution and who has offered herself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 61 1
No. of Shares 520,185,600 15,000
% of Voted Shares 99.9971 0.0029
Result Accepted

8. Ordinary Resolution 8

Description 
To appoint Moore Stephens Associates PLT as auditors of the Company for the financial year ending 30 June 2024 at such remuneration to be determined by the Directors.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 61 1
No. of Shares 520,185,600 15,000
% of Voted Shares 99.9971 0.0029
Result Accepted

9. Ordinary Resolution 9

Description 
Authority to Allot and Issue Shares Pursuant to Sections 75 and 76 of the Companies Act 2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 58 4
No. of Shares 520,185,408 15,192
% of Voted Shares 99.9971 0.0029
Result Accepted

Remark
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