[GENETEC] General Meeting on 26-Nov-2024

Stock
[GENETEC]: GENETEC TECHNOLOGY BERHAD
Announcement Date
25-Oct-2024
Reference No.
GMA-25102024-00018
Corporate Action ID
MY241025MEET0017
Type
General Meeting
Date & Time
26-Nov-2024 10:00
Depositor Date
18-Nov-2024
Venue
Online meeting platform of TIIH Online provided by Tricor Investor & Issuing House Services Sdn. Bhd. in Malaysia via its website at https://tiih.online or https://tiih.com.my (Domain Registration No. with MYNIC: D1A282781)
Description
GENETEC TECHNOLOGY BERHAD - Notice of the Twenty-Sixth Annual General Meeting
Genetec_Notice of 26th AGM.pdf
Outcome

The Board of Directors of Genetec Technology Berhad wishes toannounce thatall the resolutions as set out in the Notice of theTwenty-Sixth Annual General Meeting ("26th AGM") dated 28 October 2024 were duly passed by the shareholders of the Company at the 26th AGM held today.

All the resolutions set out in the Notice of the 26th AGM were voted by way of poll via remote participation andelectronic voting at the 26th AGM. The detailed poll results were dulyverified by the independent Scrutineers, Quantegic Services Sdn Bhd as per the attachment and are set out below.

Voting Results

1. Ordinary Resolution 1

Description 
To approve the additional payment of Directors fees of RM102,000 which was in excess of the earlier approved amount.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 178 25
No. of Shares 359,514,498 251,462
% of Voted Shares 99.9301 0.0699
Result Accepted

2. Ordinary Resolution 2

Description 
To approve the payment of Directors fees of RM408,000 payable to the Non-Executive Directors for the financial year ending 30 June 2025.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 182 21
No. of Shares 359,564,988 200,972
% of Voted Shares 99.9441 0.0559
Result Accepted

3. Ordinary Resolution 3

Description 
To re-elect Ms Ong Phoe Be who is due to retire pursuant to Clause 105 of the Company's Constitution and being eligible, has offered herself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 172 31
No. of Shares 324,833,001 35,947,859
% of Voted Shares 90.0361 9.9639
Result Accepted

4. Ordinary Resolution 4

Description 
To re-elect Dato' Jeeventhiran a/l Ramanaidu who is due to retire pursuant to Clause 105 of the Company's Constitution and being eligible, has offered himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 178 27
No. of Shares 333,603,701 28,920,959
% of Voted Shares 92.0223 7.9777
Result Accepted

5. Ordinary Resolution 5

Description 
To re-elect Ms Ong Siew Min who is due to retire pursuant to Clause 112 of the Company's Constitution and being eligible, has offered herself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 190 16
No. of Shares 362,530,701 93,959
% of Voted Shares 99.9741 0.0259
Result Accepted

6. Ordinary Resolution 6

Description 
To re-appoint Messrs Baker Tilly Monteiro Heng PLT as Auditors of the Company for the ensuing year and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 192 15
No. of Shares 362,699,804 20,856
% of Voted Shares 99.9943 0.0057
Result Accepted

7. Ordinary Resolution 7

Description 
To authorise the issuance of shares by the Directors pursuant to the Companies Act 2016 and waiver of pre-emptive rights.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 172 34
No. of Shares 300,787,201 61,927,459
% of Voted Shares 82.9267 17.0733
Result Accepted

8. Ordinary Resolution 8

Description 
To approve the Proposed Renewal of Shareholders' Mandate for Existing Recurrent Related Party Transactions of A Revenue or Trading Nature.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 180 16
No. of Shares 230,077,336 156,859
% of Voted Shares 99.9319 0.0681
Result Accepted

9. Ordinary Resolution 9

Description 
To approve the Proposed New Shareholders' Mandate for Additional Recurrent Related Party Transactions of A Revenue or Trading Nature.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 185 14
No. of Shares 290,294,936 12,859
% of Voted Shares 99.9956 0.0044
Result Accepted

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