Date : 22 November 2019

GENERAL MEETINGS: Outcome of Meeting

KEY ASIC BERHAD

Type of Meeting Annual General Meeting
Indicator Outcome of Meeting
Date of Meeting 22 Nov 2019
Time 09:00 AM
Venue
Greens 1, Golf Wing, Tropicana Golf & Country Resort, Jalan Kelab Tropicana, 47410 Petaling Jaya, Selangor Darul Ehsan
Outcome of Meeting

The Board of Directors of Key ASIC Berhad ("Key ASIC" or "the Company") wishes to announce that all the resolutions as set out in the notice convening the Fourteenth Annual General Meeting ("14th AGM") dated 30 September 2019 were duly passed at the 14th AGM of the Company held earlier today.

The voting in respect of all the resolutions was carried out by way of poll, results of which was validated by Vaersa Advisory Sdn. Bhd., being the independent scrutineer appointed by the Company.

Details of the results of the polling in respect of all the resolutions at the 14th AGM are set out below.

Voting Results

Resolution Vote in favour Vote Against Results
No. of Shares % No. of Shares %
Ordinary Resolution 1
To approve the payment of Directors’ fees for the financial year ending 31 May 2020.
358,504,644 99.976000 87,200 0.024000 Carried
Ordinary Resolution 2
To re-elect N. Chanthiran a/l Nagappan who retires under Article 84 of the Company’s Articles of Association.
360,138,865 99.999000 3,000 0.001000 Carried
Ordinary Resolution 3
To re-elect Eg Kah Yee who retires under Article 84 of the Company’s Articles of Association.
360,101,844 100.000000 0 0.000000 Carried
Ordinary Resolution 4
To re-appoint Messrs Afrizan Tarmili Khairul Azhar as Auditors of the Company and to authorize the Directors to fix their remuneration.
360,141,865 100.000000 0 0.000000 Carried
Ordinary Resolution 5
To authorise Directors to issue shares pursuant to Section 75 and 76 of the Companies Act, 2016.
360,138,865 99.999000 3,000 0.001000 Carried
Ordinary Resolution 6
To approve Benny T. H u @ Ting Wu Hu to continue in Office as Independent Non- Executive Director
360,138,865 99.999000 3,000 0.001000 Carried
Ordinary Resolution 7
To approve N. Chanthiran a/l Nagappan to continue in Office as Independent Non- Executive Director
360,138,865 99.999000 3,000 0.001000 Carried
Ordinary Resolution 8
Proposed New and Renewal of the Existing Shareholders’ Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature
32,227,344 98.472000 500,000 1.528000 Carried
Special Resolution
Proposed Alteration of the Existing Memorandum and Articles of Association by replacing with a New Constitution
360,136,865 100.000000 0 0.000000 Carried


Please refer attachment below.



Announcement Info

Company Name KEY ASIC BERHAD
Stock Name KEYASIC
Date Announced 22 Nov 2019
Category General Meeting
Reference Number GMA-21112019-00004


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