New Feature
  • New: Financial Statement (Balance Sheet, Income Statement & Cash Flow)
  • New: Go to Stock Page (E.g FRONTKN) > Financial Highlights Section
  • New: Financial Statement (Balance Sheet, Income Statement & Cash Flow)
  • New: Go to Stock Page (E.g FRONTKN) > Financial Highlights Section
VIEW SAMPLE
add free Download App
premium Premium Account

Last Price Change Volume
Open: Day Range: Prev Close:


GENERAL MEETINGS: Outcome of Meeting

GENETEC TECHNOLOGY BERHAD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 29 Aug 2022
Time 10:00 AM

Venue(s)
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 number with MYNIC: D1A2827)

Malaysia

Outcome of Meeting

The Board of Directors of Genetec Technology Berhad wishes to announce that all the resolutions as set out in the Notice of the Twenty-Fourth Annual General Meeting ("24th AGM") dated 28 July 2022 were duly passed by the shareholders of the Company at the 24th AGM held today.

 

All the resolutions were approved by way of poll via remote participation and electronic voting at the 24th AGM. The poll results were validated by Asia Securities Sdn Berhad, the independent Scrutineer appointed by the Company. Ordinary Resolution 7 and 8 were under two-tier voting process, both Tier 1 and Tier 2 were duly carried.

 

Details of the said poll results are as set out in the attachment.

 

This announcement is dated 29 August 2022.


Voting Results


1. Ordinary Resolution 1

Description
To approve the additional payment of Directors' fees of RM6,000 which was in excess of the earlier approved amount for the financial year ended 31 March 2022.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 169 20
No. of Shares 349,282,374 43,823
% of Voted Shares 99.9875 0.0125
Result Accepted

2. Ordinary Resolution 2

Description
To approve the payment of Directors' fees of RM312,000 payable to the Non-Executive Directors for the financial year ending 31 March 2023.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 168 18
No. of Shares 345,781,767 38,330
% of Voted Shares 99.9889 0.0111
Result Accepted

3. Ordinary Resolution 3

Description
To re-elect Mr Chin Kem Weng 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 183 5
No. of Shares 296,742,567 1,065
% of Voted Shares 99.9996 0.0004
Result Accepted

4. Ordinary Resolution 4

Description
To re-elect Mr Sow Ewe Lee 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 167 12
No. of Shares 336,237,493 4,551,904
% of Voted Shares 98.6643 1.3357
Result Accepted

5. Ordinary Resolution 5

Description
To re-elect Dato' Jeeventhiran a/l Ramanaidu who is due to retire pursuant to Clause 112 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 182 7
No. of Shares 349,320,093 6,104
% of Voted Shares 99.9983 0.0017
Result Accepted

6. Ordinary Resolution 6

Description
To re-appoint Messrs KPMG 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 184 7
No. of Shares 349,413,593 15,604
% of Voted Shares 99.9955 0.0045
Result Accepted

7. Ordinary Resolution 7

Description
To retain Mr Hew Voon Foo as an Independent Non-Executive Director.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 157 17
No. of Shares 105,226,628 16,109,704
% of Voted Shares 86.7231 13.2769
Result Accepted

8. Ordinary Resolution 8

Description
To retain Mr Teh Kim Seng as an Independent Non-Executive Director.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 174 9
No. of Shares 122,666,128 807,004
% of Voted Shares 99.3464 0.6536
Result Accepted

9. Ordinary Resolution 9

Description
To authorise the issuance of shares by the Directors pursuant to Sections 75 and 76 of the Companies Act 2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 177 13
No. of Shares 347,897,903 1,528,294
% of Voted Shares 99.5626 0.4374
Result Accepted

10. Ordinary Resolution 10

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 179 6
No. of Shares 124,774,428 1,704
% of Voted Shares 99.9986 0.0014
Result Accepted



Please refer attachment below.




Announcement Info

Company Name GENETEC TECHNOLOGY BERHAD
Stock Name GENETEC
Date Announced 29 Aug 2022
Category General Meeting
Reference Number GMA-26082022-00009
Corporate Action ID MY220826MEET0009




Close