General Meeting

24/06/2022

GENERAL MEETINGS: Outcome of Meeting

MANAGEPAY SYSTEMS BERHAD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 24 Jun 2022
Time 10:30 AM

Venue(s) 
Poolside Cove, Sunway Lagoon Club

No. 3, Jalan Lagoon Timur, Bandar Sunway

46150 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 Revised Notice of the Twelfth Annual General Meeting ("12th AGM") of the Company dated 14 June 2022 were duly approved by the shareholders of the Company by way of poll at the 12th AGM of the Company held today, 24 June 2022.

 

The results of the poll were validated by SKY Corporate Services Sdn. Bhd., the Independent Scrutineers appointed by the Company.

 

The details of the poll results for Ordinary Resolutions 8 and 9 are as follows:-

 

Resolution

Description

Shareholders Action

Voted

No. of Shareholders

No. of Shares

 % of Voted Shares Results
Ordinary Resolution 8 – Tier 1 Authority for Mr Cheong Chee Yun to continue in office as Independent Director of the Company. For Voting

For

 

Against

4

 

0

197,831,538

 

0

100.0000

 

0.0000

 Accepted
Ordinary Resolution 8 – Tier 2 Authority for Mr Cheong Chee Yun to continue in office as Independent Director of the Company. For Voting

For

 

Against

31

 

4

181,590,207

 

5,300

99.9971

 

0.0029

 Accepted
Ordinary Resolution 9 – Tier 1

Authority for Dato' Dr. Mohd Aminuddin Bin Mohd Rouse to continue in office as Independent Director of the Company.

 For Voting

For

 

Against

 

4

 

0

 

 

 

197,831,538

 

0

 

 

100.0000

 

0.0000

 Accepted
Ordinary Resolution 9 – Tier 2 Authority for Dato' Dr. Mohd Aminuddin Bin Mohd Rouse to continue in office as Independent Director of the Company. For Voting

For

 

Against

 

 

32

 

3

 

 

 

 

181,590,307

 

5,200

 

 

99.9971

 

0.0029

 Accepted


Please refer to the attachment for the details of the poll results.

 

This announcement is dated 24 June 2022.

Voting Results

1. Ordinary Resolution 1

Description 
To approve the fees and benefits payable to the Directors of the Company and its subsidiaries up to an aggregate amount of RM500,000 for the period from 25 June 2022 until the next Annual General Meeting of the Company and the payment thereof.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 31 3
No. of Shares 342,701,429 15,100
% of Voted Shares 99.9956 0.0044
Result Accepted

2. Ordinary Resolution 2

Description 
To re-elect Dato' Dr. Mohd Aminuddin Bin Mohd Rouse 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 35 4
No. of Shares 379,421,745 5,300
% of Voted Shares 99.9986 0.0014
Result Accepted

3. Ordinary Resolution 3

Description 
To re-elect Dato' Chong Yoke Har 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 36 2
No. of Shares 379,121,945 5,100
% of Voted Shares 99.9987 0.0013
Result Accepted

4. Ordinary Resolution 4

Description 
To re-elect Ms Wong Hui Liang who retires pursuant to Clause 102 of the Constitution of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 36 3
No. of Shares 379,421,845 5,200
% of Voted Shares 99.9986 0.0014
Result Accepted

5. Ordinary Resolution 5

Description 
To re-appoint Messrs Baker Tilly Monteiro Heng PLT as Auditors of the Company for the financial year ending 31 December 2022 and to authorise the Board of Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 37 2
No. of Shares 379,421,945 5,100
% of Voted Shares 99.9987 0.0013
Result Accepted

6. Ordinary Resolution 6

Description 
Authority to Allot Shares pursuant to Sections 75 and 76 of the Companies Act 2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 35 4
No. of Shares 379,421,755 5,290
% of Voted Shares 99.9986 0.0014
Result Accepted

7. Ordinary Resolution 7

Description 
Proposed Renewal of Shareholders' Mandate.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 28 2
No. of Shares 144,129,891 5,100
% of Voted Shares 99.9965 0.0035
Result Accepted

8. Ordinary Resolution 8

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 31 4
No. of Shares 181,590,207 5,300
% of Voted Shares 99.9971 0.0029
Result Accepted

9. Ordinary Resolution 9

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 32 3
No. of Shares 181,590,307 5,200
% of Voted Shares 99.9971 0.0029
Result Accepted



Please refer attachment below.



Announcement Info

Company Name MANAGEPAY SYSTEMS BERHAD
Stock Name MPAY
Date Announced 24 Jun 2022
Category General Meeting
Reference Number GMA-24062022-00001
Corporate Action ID MY220624MEET0001


Related Announcements for MPAY
Date Title
14/06/2022 GENERAL MEETINGS: Notice of Meeting
28/04/2022 GENERAL MEETINGS: Notice of Meeting
11/02/2022 GENERAL MEETINGS: Outcome of Meeting
26/01/2022 GENERAL MEETINGS: Notice of Meeting
25/06/2021 GENERAL MEETINGS: Outcome of Meeting
18/06/2021 GENERAL MEETINGS: Notice of Meeting
27/05/2021 GENERAL MEETINGS: Notice of Meeting
18/06/2020 GENERAL MEETINGS: Outcome of Meeting
27/05/2020 GENERAL MEETINGS: Notice of Meeting
28/05/2019 GENERAL MEETINGS: Outcome of Meeting