General Meeting
18/06/2020GENERAL MEETINGS: Outcome of Meeting
| MANAGEPAY SYSTEMS BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 18 Jun 2020 |
| Time | 03:00 PM |
| Venue(s) |
Tricor Leadership Room Unit 32-01, Level 32, Tower A Vertical Business Suite, Avenue 3, Bangsar South No. 8, Jalan Kerinchi, 59200 Kuala Lumpur Malaysia |
| Outcome of Meeting | The Board of Directors of ManagePay Systems Berhad (“the Company”) wishes to announce that all the resolutions as set out in the Notice of Tenth Annual General Meeting (“10th AGM”) of the Company dated 27 May 2020 were duly passed by the shareholders of the Company by way of poll via remote participation and electronic voting at the 10th AGM of the Company held today, 18 June 2020.
The results of the poll were validated by Scrutineer Solutions Sdn. Bhd., the Independent Scrutineers appointed by the Company.
Details of the said results of the poll are set out below.
* There were 100 shares voted against on Special Resolution, which the percentage is negligible.
This announcement is dated 18 June 2020.
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Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To approve the Directors' fees and benefits payable to the Directors up to an aggregate amount of RM300,000/- for the period from 19 June 2020 until the next Annual General Meeting of the Company and the payment thereof. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 17 | 6 |
| No. of Shares | 282,900,154 | 42,200 |
| % of Voted Shares | 99.9851 | 0.0149 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To re-elect Dato' Chew Chee Seng who is retiring in accordance with Clause 95 of the Constitution of the Company. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 20 | 3 |
| No. of Shares | 282,930,254 | 12,100 |
| % of Voted Shares | 99.9957 | 0.0043 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To re-elect Dato' Mohamad Kamarudin Bin Hassan who is retiring in accordance with Clause 95 of the Constitution of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 20 | 3 |
| No. of Shares | 282,930,254 | 12,100 |
| % of Voted Shares | 99.9957 | 0.0043 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To re-appoint Messrs Baker Tilly Monteiro Heng PLT as Auditors of the Company and to authorise the Board of Directors to fix their remuneration. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 20 | 3 |
| No. of Shares | 282,922,254 | 20,100 |
| % of Voted Shares | 99.9929 | 0.0071 |
| Result | Accepted | |
5. Special Resolution |
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| Description |
Proposed Amendment to the Company's Constitution. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 21 | 2 |
| No. of Shares | 282,942,254 | 100 |
| % of Voted Shares | 99.9999 | 0.0000 |
| Result | Accepted | |
6. Ordianry Resolution 5 |
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| Description |
Authority under Sections 75 and 76 of the Companies Act 2016 for the Directors to allot and issue shares. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 20 | 3 |
| No. of Shares | 282,922,254 | 20,100 |
| % of Voted Shares | 99.9929 | 0.0071 |
| Result | Accepted | |
7. Ordinary Resolution 6 |
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| Description |
Proposed Renewal of Existing Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 14 | 2 |
| No. of Shares | 66,534,100 | 100 |
| % of Voted Shares | 99.9998 | 0.0002 |
| Result | Accepted | |
8. Ordinary Resolution 7 |
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| Description |
Authority for Mr Cheong Chee Yun to continue in office as Independent Director of the Company. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 20 | 3 |
| No. of Shares | 282,930,254 | 12,100 |
| % of Voted Shares | 99.9957 | 0.0043 |
| Result | Accepted | |
9. Ordinary Resolution 8 |
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| Description |
Authority for Dato' Dr. Mohd Aminuddin Bin Mohd Rouse to continue in office as Independent Director of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 20 | 3 |
| No. of Shares | 282,930,254 | 12,100 |
| % of Voted Shares | 99.9957 | 0.0043 |
| Result | Accepted | |
10. Ordinary Resolution 9 |
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| Description |
Proposed Granting of Options to Mr Chin Shea Fong, Non-Independent Non-Executive Director under the Employees' Share Option Scheme of the Company. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 13 | 3 |
| No. of Shares | 66,522,100 | 12,100 |
| % of Voted Shares | 99.9818 | 0.0182 |
| Result | Accepted | |
Please refer attachment below.
Attachments
POLL RESULT.pdf
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Announcement Info
| Company Name | MANAGEPAY SYSTEMS BERHAD |
| Stock Name | MPAY |
| Date Announced | 18 Jun 2020 |
| Category | General Meeting |
| Reference Number | GMA-16062020-00006 |
| Corporate Action ID | MY200616MEET0005 |
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