GENERAL MEETINGS: Outcome of Meeting
| MLABS SYSTEMS BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 29 Nov 2023 |
| Time | 02:30 PM |
| Venue(s) |
Broadcast Venue at Lot 4.1, 4th Floor, Menara Lien Hoe, No. 8 Persiaran Tropicana, Tropicana Golf & Country Resort, 47410 Petaling Jaya, Selangor and via Online Meeting Platform at https://rebrand.ly/MLABS-AGM Malaysia |
| Outcome of Meeting | The Board of Directors of Mlabs Systems Berhad (“Mlabs” or “the Company”) wishes to announce that all the resolutions set out in the Notice of the Nineteenth (19th) Annual General Meeting (“19th AGM”) dated 31 October 2023 were duly passed by way of poll at the 19th AGM of the Company held on 29 November 2023.
The results of the poll were validated by Sharepolls Sdn. Bhd., the Independent Scrutineer appointed by the Company.
This announcement is dated 29 November 2023. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To approve the payment of Directors' fees of up to RM600,000.00 from 29 November 2023 until the next Annual General Meeting of the Company. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 15 | 8 |
| No. of Shares | 220,909,365 | 393,140 |
| % of Voted Shares | 99.8224 | 0.1776 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To approve the payment of Directors' benefits (excluding Directors fees) of up to RM50,000.00 to the Non-Executive Directors with effect from 29 November 2023 until the next Annual General Meeting of the Company. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 20 | 3 |
| No. of Shares | 221,234,495 | 68,010 |
| % of Voted Shares | 99.9693 | 0.0307 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To re-elect General Tan Sri Dato' Sri Hj. Suleiman bin Mahmud RMAF (Rtd) retires pursuant to Clause 115 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 20 | 3 |
| No. of Shares | 221,234,495 | 68,010 |
| % of Voted Shares | 99.9693 | 0.0307 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To re-elect Chuah Hoon Hong who retires pursuant to Clause 115 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 20 | 3 |
| No. of Shares | 221,234,495 | 68,010 |
| % of Voted Shares | 99.9693 | 0.0307 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To re-elect Karina binti Idris Ahmad Shah who retires pursuant to Clause 125 of the Companys Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 20 | 3 |
| No. of Shares | 221,234,495 | 68,010 |
| % of Voted Shares | 99.9693 | 0.0307 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
To re-appoint Messrs CAS Malaysia PLT as External Auditors of the Company and to authorise the Directors to fix their remuneration. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 19 | 4 |
| No. of Shares | 221,234,365 | 68,140 |
| % of Voted Shares | 99.9692 | 0.0308 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
To approve the authority to allot and issue shares pursuant to Sections 75 and 76 of the Companies Act 2016. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 20 | 3 |
| No. of Shares | 221,234,495 | 68,010 |
| % of Voted Shares | 99.9693 | 0.0307 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
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| Description |
To approve the Proposed New Shareholders' Mandate and Renewal of Existing Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 13 | 0 |
| No. of Shares | 559,365 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
Announcement Info
| Company Name | MLABS SYSTEMS BERHAD |
| Stock Name | MLAB |
| Date Announced | 29 Nov 2023 |
| Category | General Meeting |
| Reference Number | GMA-28112023-00017 |
| Corporate Action ID | MY231128MEET0017 |