General Meeting
25/06/2021GENERAL MEETINGS: Outcome of Meeting
| MANAGEPAY SYSTEMS BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 25 Jun 2021 |
| Time | 10:00 AM |
| Venue(s) |
Online meeting platform via https://web.vote2u.my located at Level 43A, MYEG Tower, Empire City Damansara, Jalan PJU 8, Damansara Perdana, 47820 Petaling Jaya, Selangor Darul Ehsan 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 the Eleventh Annual General Meeting ("11th AGM") of the Company dated 28 May 2021 were duly approved by the shareholders of the Company by way of poll via remote participation and electronic voting at the 11th AGM of the Company held today, 25 June 2021.
The results of the poll were validated by SKY Corporate Services Sdn. Bhd., the Independent Scrutineers appointed by the Company.
Details of the said results of the poll are set out below.
This announcement is dated 25 June 2021. |
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 from 26 June 2021 until the next Annual General Meeting. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 37 | 10 |
| No. of Shares | 50,154,613 | 154,700 |
| % of Voted Shares | 99.6925 | 0.3075 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To re-elect Mr Cheong Chee Yun who retires by rotation pursuant to Clause 95 of the Constitution of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 52 | 4 |
| No. of Shares | 270,248,167 | 54,300 |
| % of Voted Shares | 99.9799 | 0.0201 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To re-elect Mr Chin Shea Fong who retires by rotation pursuant to Clause 95 of the Constitution of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 48 | 6 |
| No. of Shares | 233,237,551 | 69,400 |
| % of Voted Shares | 99.9703 | 0.0297 |
| 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 Directors to fix their remuneration. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 53 | 5 |
| No. of Shares | 270,363,067 | 54,400 |
| % of Voted Shares | 99.9799 | 0.0201 |
| Result | Accepted | |
5. Ordinary 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 | 50 | 8 |
| No. of Shares | 270,300,367 | 117,100 |
| % of Voted Shares | 99.9567 | 0.0433 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
Proposed Shareholders' Mandate. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 48 | 4 |
| No. of Shares | 86,865,529 | 54,300 |
| % of Voted Shares | 99.9375 | 0.0625 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
Authority for Mr Cheong Chee Yun to continue in office as Independent Director of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 53 | 4 |
| No. of Shares | 270,263,167 | 54,300 |
| % of Voted Shares | 99.9799 | 0.0201 |
| Result | Accepted | |
8. 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 | 53 | 4 |
| No. of Shares | 269,963,167 | 54,300 |
| % of Voted Shares | 99.9799 | 0.0201 |
| Result | Accepted | |
9. Ordinary Resolution 9 |
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| Description |
Proposed Granting of ESOS Options to Mr Chew Vern Tat. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 44 | 7 |
| No. of Shares | 86,798,129 | 96,700 |
| % of Voted Shares | 99.8887 | 0.1113 |
| Result | Accepted | |
10. Ordinary Resolution 10 |
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| Description |
Proposed Granting of ESOS Options to Mr Chew Vern Wei. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 44 | 7 |
| No. of Shares | 86,798,129 | 96,700 |
| % of Voted Shares | 99.8887 | 0.1113 |
| Result | Accepted | |
Please refer attachment below.
Attachments
MPay-Result on Voting by Poll.pdf
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Announcement Info
| Company Name | MANAGEPAY SYSTEMS BERHAD |
| Stock Name | MPAY |
| Date Announced | 25 Jun 2021 |
| Category | General Meeting |
| Reference Number | GMA-23062021-00035 |
| Corporate Action ID | MY210623MEET0030 |
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