GENERAL MEETINGS: Outcome of Meeting
| VITROX CORPORATION BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 21 Jun 2023 |
| Time | 10:00 AM |
| Venue(s) |
Auditorium of ViTrox Campus 2.0 746, Persiaran Cassia Selatan 3 Batu Kawan Industrial Park, 14110 Bandar Cassia, Penang Malaysia |
| Outcome of Meeting | Vitrox Corporation Berhad (“VCB” or “Company”)
The Board of Directors of the Company wishes to inform that:- a) Commercial Quest Sdn. Bhd. was appointed by VCB as scrutineer to validate the votes cast at the 19th AGM; and b) all resolutions as set out in the Notice of the 19th AGM of the Company dated 28 April 2023 were duly passed by the shareholders of the Company at the 19th AGM held today.
The key matters discussed at the 19th AGM will be made available at the Company’s website within 1 month from the date of this announcement.
The poll-voting results of the 19th AGM are as follows. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To declare a Final Dividend of 4.15 sen per share exempt from Income Tax for the year ended 31 December 2022. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 133 | 0 |
| No. of Shares | 679,212,404 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To approve the payment of Directors' Fee of RM19,800 to Emelia Binti Matrahah for the period from 1 December 2022 until 31 May 2023. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 131 | 0 |
| No. of Shares | 679,165,904 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
||
| Description |
To approve the payment of Directors' Fee of RM19,800 to Dato' Prof. Dr. See Ching Mey for the period from 1 December 2022 until 31 May 2023. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 131 | 0 |
| No. of Shares | 679,165,904 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To approve an increase of the Directors' Fee from RM158,400 to RM237,600 for the period from 1 June 2023 until the next Annual General Meeting ("AGM") of the Company and payment of such Fee to the Non-Executive Directors.
|
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 130 | 1 |
| No. of Shares | 679,162,804 | 3,100 |
| % of Voted Shares | 99.9995 | 0.0005 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
||
| Description |
To re-elect Chu Jenn Weng, a Director retiring under Paragraph 102 (1) of the Company's Constitution and who, being eligible offer himself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 129 | 4 |
| No. of Shares | 677,893,823 | 1,277,681 |
| % of Voted Shares | 99.8119 | 0.1881 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
||
| Description |
To re-elect Yeoh Shih Hoong, a Director retiring under Paragraph 102 (1) of the Company's Constitution and who, being eligible offer himself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 127 | 7 |
| No. of Shares | 669,031,002 | 10,140,501 |
| % of Voted Shares | 98.5069 | 1.4931 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
To re-elect Mary Yeo Chew Yen, a Director retiring under Paragraph 102 (1) of the Company's Constitution and who, being eligible offer herself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 129 | 3 |
| No. of Shares | 664,046,304 | 15,125,200 |
| % of Voted Shares | 97.7730 | 2.2270 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
||
| Description |
To re-elect Emelia Binti Matrahah, a Director retiring under Paragraph 107 (2) of the Company's Constitution and who, being eligible offer herself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 132 | 0 |
| No. of Shares | 679,171,504 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
9. Ordinary Resolution 9 |
||
| Description |
To re-elect Dato' Prof. Dr. See Ching Mey, a Director retiring under Paragraph 107 (2) of the Company's Constitution and who, being eligible offer herself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 131 | 0 |
| No. of Shares | 679,170,804 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
10. Ordinary Resolution 10 |
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| Description |
To approve the benefits payable (excluding Directors' Fees) to Emelia Binti Matrahah, an Independent Director up to an amount of RM11,000 from 1 December 2022 until 31 May 2023. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 130 | 0 |
| No. of Shares | 679,165,204 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
11. Ordinary Resolution 11 |
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| Description |
To approve the benefits payable (excluding Directors' Fees) to Dato' Prof. Dr. See Ching Mey, an Independent Director up to an amount of RM10,000 from 1 December 2022 until 31 May 2023. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 131 | 0 |
| No. of Shares | 679,165,904 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
12. Ordinary Resolution 12 |
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| Description |
To approve the benefits payable (excluding Directors' Fees) to the Non-Executive Directors up to an amount of RM220,000 from 1 June 2023 until the next AGM of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 131 | 0 |
| No. of Shares | 679,165,904 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
13. Ordinary Resolution 13 |
||
| Description |
To re-appoint Messrs. Crowe Malaysia PLT as Auditors of the Company for the ensuing year and to authorise the Directors to fix their remuneration. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 125 | 7 |
| No. of Shares | 672,834,455 | 6,189,499 |
| % of Voted Shares | 99.0885 | 0.9115 |
| Result | Accepted | |
14. Ordinary Resolution 14 |
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| Description |
To approve the Authority to Issue Shares pursuant to the Companies Act 2016 and approvals from the relevant authorities where necessary. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 125 | 9 |
| No. of Shares | 652,979,704 | 26,191,800 |
| % of Voted Shares | 96.1436 | 3.8564 |
| Result | Accepted | |
15. Ordinary Resolution 15 |
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| Description |
To approve the Renewal of Authority to Purchase the Companys Own Shares. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 131 | 0 |
| No. of Shares | 679,165,904 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
Announcement Info
| Company Name | VITROX CORPORATION BERHAD |
| Stock Name | VITROX |
| Date Announced | 21 Jun 2023 |
| Category | General Meeting |
| Reference Number | GMA-13062023-00009 |
| Corporate Action ID | MY230613MEET0009 |