GENERAL MEETINGS: Outcome of Meeting
| Type of Meeting |
General |
| Indicator |
Outcome of Meeting |
| Date of Meeting |
30 Nov 2022 |
| Time |
02:30 PM |
| Venue(s) |
4th Floor, Wisma Kobay
No. 42-B Jalan Rangoon
10400 Georgetown
Penang
Malaysia
|
| Outcome of Meeting |
The Company wishes to announce that all the resolutions as set out in the Notice of 28th Annual General Meeting ("AGM") dated 28th October 2022, had been approved by way of poll at the AGM of the Company held today, 30 November 2022.
The Audited Financial Statements for the financial year ended 30 June 2022 together with the reports of the Directors and Auditors thereon, were properly laid and received by the members present at the 28th AGM.
The voting in respect of the resolutions was carried out by way of the poll and the results were validated by Messrs. Value Creator Consultancy, the Independent Scrutineer appointed by the Company. Details of the said results are set out in the attachment.
This announcement is dated 30 November 2022.
|
Voting Results |
|
1. Resolution 1
|
| Description |
To approve the payment of first and final single tier dividend of 3.0 sen in respect of the financial year ended 30 June 2022.
|
| Shareholder’s Action |
For Voting |
| Voted |
For |
Against |
| No. of Shareholders |
42 |
0 |
| No. of Shares |
127,540,393 |
0 |
| % of Voted Shares |
100.0000 |
0.0000 |
| Result |
Accepted |
|
2. Resolution 2
|
| Description |
To re-elect Mr. Koay Wooi Seong who retires in accordance with Article 100 of the Companys Constitution.
|
| Shareholder’s Action |
For Voting |
| Voted |
For |
Against |
| No. of Shareholders |
37 |
0 |
| No. of Shares |
125,258,793 |
0 |
| % of Voted Shares |
100.0000 |
0.0000 |
| Result |
Accepted |
|
3. Resolution 3
|
| Description |
To re-elect Puan Sharifah Faridah Binti Dato Syed Mahadzar Jamalullil as Company Director, who retires in accordance with Article 101 of the Companys Constitution.
|
| Shareholder’s Action |
For Voting |
| Voted |
For |
Against |
| No. of Shareholders |
37 |
0 |
| No. of Shares |
125,258,793 |
0 |
| % of Voted Shares |
100.0000 |
0.0000 |
| Result |
Accepted |
|
4. Resolution 4
|
| Description |
To retain Mr. Khaw Eng Peng as Senior Independent and Non-executive Director in accordance with Malaysian Code on Corporate Governance.
|
| Shareholder’s Action |
For Voting |
| Voted |
For |
Against |
| No. of Shareholders |
36 |
1 |
| No. of Shares |
125,258,693 |
100 |
| % of Voted Shares |
99.9994 |
0.0006 |
| Result |
Accepted |
|
5. Resolution 5
|
| Description |
To re-appoint Messrs. Crowe Malaysia PLT as Auditors of the Company and to authorize the Directors to fix their remuneration
|
| Shareholder’s Action |
For Voting |
| Voted |
For |
Against |
| No. of Shareholders |
42 |
0 |
| No. of Shares |
127,540,393 |
0 |
| % of Voted Shares |
100.0000 |
0.0000 |
| Result |
Accepted |
|
6. Resolution 6
|
| Description |
To approve the payment of Directors fees totalling Ringgit Malaysia Thirty Thousand (RM30,000) only to the Non-executive Directors for the financial year ended 30 June 2022.
|
| Shareholder’s Action |
For Voting |
| Voted |
For |
Against |
| No. of Shareholders |
42 |
0 |
| No. of Shares |
127,540,393 |
0 |
| % of Voted Shares |
100.0000 |
0.0000 |
| Result |
Accepted |
|
7. Resolution 7
|
| Description |
Authority to issue shares in accordance to Section 75 and 76 of the Companies Act 2016.
|
| Shareholder’s Action |
For Voting |
| Voted |
For |
Against |
| No. of Shareholders |
42 |
0 |
| No. of Shares |
127,540,393 |
0 |
| % of Voted Shares |
100.0000 |
0.0000 |
| Result |
Accepted |
|
8. Resolution 8
|
| Description |
Proposed Renewal of Share Buy-Back Authority
|
| Shareholder’s Action |
For Voting |
| Voted |
For |
Against |
| No. of Shareholders |
42 |
0 |
| No. of Shares |
127,540,393 |
0 |
| % of Voted Shares |
100.0000 |
0.0000 |
| Result |
Accepted |
|
9. Resolution 9
|
| Description |
Proposed Shareholders' mandate for recurrent related party transactions of a revenue or trading nature
|
| Shareholder’s Action |
For Voting |
| Voted |
For |
Against |
| No. of Shareholders |
41 |
0 |
| No. of Shares |
18,491,453 |
0 |
| % of Voted Shares |
100.0000 |
0.0000 |
| Result |
Accepted |
|
Please refer attachment below.
Announcement Info
| Company Name |
KOBAY TECHNOLOGY BERHAD
|
| Stock Name |
KOBAY |
| Date Announced |
30 Nov 2022 |
| Category |
General Meeting |
| Reference Number |
GMA-23112022-00010 |
| Corporate Action ID |
MY221123MEET0009 |