[MAHSING] General Meeting on 27-Jun-2024

Stock
[MAHSING]: MAH SING GROUP BHD
Announcement Date
29-Apr-2024
Reference No.
GMA-25042024-00074
Corporate Action ID
MY240425MEET0073
Type
General Meeting
Date & Time
27-Jun-2024 10:00
Depositor Date
20-Jun-2024
Venue
Online Meeting Platform via TIIH Online website at https://tiih.online or https://tiih.com.my (Domain registration number with MYNIC: D1A282781) provided by Tricor Investor & Issuing House Services Sdn Bhd in
Description
Thirty-Second Annual General Meeting of Mah Sing Group Berhad ("32nd AGM"). The 32nd AGM will be conducted fully virtual through live streaming and online remote participation using Remote Participation and Voting facilities at https://tiih.online
Notice of 32nd AGM and Administrative Guide.pdf
Outcome

The Board of Directors of Mah Sing Group Berhad (“Mah Sing” or "Company") wishes to announce that the shareholders of Mah Sing had, at the Thirty-SecondAnnual General Meeting ("AGM") of Mah Sing held on 27June 2024approved all resolutions set out in the notice of AGM dated 30April 2024contained in the Annual Report for the financial year ended 31 December 2023.

All the resolutions were voted by poll and the results of the poll were validated by Asia Securities Sdn Berhad, the Independent Scrutineer appointed by the Company. Details of the said results are set out below.

This announcement is dated 27June 2024.

Voting Results

1. Ordinary Resolution 1

Description 
To approve the Independent Non-Executive Directors' fees of up to RM246,000 for the period commencing from 28 June 2024 up to the next annual general meeting of the Company to be held in 2025.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 448 56
No. of Shares 1,623,203,454 273,549
% of Voted Shares 99.9832 0.0168
Result Accepted

2. Ordinary Resolution 2

Description 
To approve the Independent Non-Executive Directors' benefits of up to RM27,000 for the period commencing from 28 June 2024 up to the next annual general meeting of the Company to be held in 2025.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 434 67
No. of Shares 1,623,063,374 265,629
% of Voted Shares 99.9836 0.0164
Result Accepted

3. Ordinary Resolution 3

Description 
To re-elect Admiral (R) Tan Sri Dato' Seri Abu Bakar Bin Abdul Jamal, the Director retiring pursuant to Article 100 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 445 59
No. of Shares 1,584,101,708 39,815,845
% of Voted Shares 97.5482 2.4518
Result Accepted

4. Ordinary Resolution 4

Description 
To re-elect Dato' Voon Tin Yow, the Director retiring pursuant to Article 100 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 454 50
No. of Shares 1,616,328,061 7,587,392
% of Voted Shares 99.5328 0.4672
Result Accepted

5. Ordinary Resolution 5

Description 
To re-elect Mr Lionel Leong Jihn Haur, the Director retiring pursuant to Article 100 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 425 84
No. of Shares 1,570,866,431 53,061,772
% of Voted Shares 96.7325 3.2675
Result Accepted

6. Ordinary Resolution 6

Description 
To re-elect Tan Sri Dato' Sri Leong Hoy Kum, the Director retiring pursuant to Article 107 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 405 102
No. of Shares 1,536,604,393 87,311,060
% of Voted Shares 94.6234 5.3766
Result Accepted

7. Ordinary Resolution 7

Description 
To re-elect Encik Abd Malik Bin A Rahman, the Director retiring pursuant to Article 107 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 422 82
No. of Shares 1,496,184,915 127,730,538
% of Voted Shares 92.1344 7.8656
Result Accepted

8. Ordinary Resolution 8

Description 
To re-appoint Deloitte PLT as Auditors of the Company for the financial year ending 31 December 2024 and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 459 44
No. of Shares 1,619,191,304 4,724,399
% of Voted Shares 99.7091 0.2909
Result Accepted

9. Ordinary Resolution 9

Description 
To approve the proposed 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 426 77
No. of Shares 1,224,268,896 399,738,307
% of Voted Shares 75.3857 24.6143
Result Accepted

10. Ordinary Resolution 10

Description 
To approve the proposed renewal of shareholders' mandate for recurrent related party transactions of a revenue or trading nature as specified in Section 2.3.1 of the Circular to Shareholders of the Company dated 30 April 2024
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 426 58
No. of Shares 654,754,901 115,523,231
% of Voted Shares 85.0024 14.9976
Result Accepted

11. Ordinary Resolution 11

Description 
To approve the proposed renewal of share buy-back authority.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 467 34
No. of Shares 1,623,239,432 77,436
% of Voted Shares 99.9952 0.0048
Result Accepted

Remark
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