GENERAL MEETINGS: Outcome of Meeting

IRE-TEX CORPORATION BERHAD

Type of Meeting Annual General Meeting
Indicator Outcome of Meeting
Date of Meeting 28 Jun 2018
Time 10:00 AM
Venue
Kulim Golf and Country Resort, Persiaran Kulim Golf, Kulim High-Tech Park, 09000 Kulim, Kedah Darul Aman
Outcome of Meeting

 

The Board of Directors of Ire-Tex Corporation Berhad (“IRETEX”) wishes to inform that all resolutions set out in the Notice of the Sixteenth Annual General Meeting ("16th AGM") dated 28th June 2018 were tabled and voted by poll at the 16th AGM and the outcome of the resolutions are as follows:-

 

Ordinary Resolution 1:

As Mr Kong Hon Kay had resigned as Director of the Company on 1 June 2018, and therefore, the Ordinary Resolution 1 for re-election of Mr Kong Hon Kay who retires in accordance with Article 95 of the Company’s Constitution was not considered and was not put to vote.

Ordinary Resolution 2:

The re-election of  Y.M. Raja Hizad Bin Raja Kamarulzaman who retires in accordance with Article 102 of the Company’s Constitution was carried.

Ordinary Resolution 3: 

As Encik Hamdan Bin Mohd Nor resigned as Director of the Company on 1 June 2018, and therefore, the Ordinary Resolution 3 for re-election of Encik Hamdan Bin Mohd Nor who retires in accordance with Article 102 of the Company’s Constitution was not considered and was not put to vote.

Ordinary Resolution 4:

The Board has received a Letter from Mr Christopher Purcell informing that he was NOT offering himself for re-election, and therefore, the Ordinary Resolution 4 for re-election of  Mr. Christopher Purcell who retires in accordance with Article 102 of the Company’s Constitution was not considered and was not put to vote.

Ordinary Resolution 5:

The re-election of  Encik Kamil Bin Abdul Rahman who retires in accordance with Article 102 of the Company’s Constitution was carried.

Ordinary Resolution 6:

The re-election of Dato’ Koay Kar Huah who retires in accordance with Article 102 of the Company’s Constitution was carried.

Ordinary Resolution 7:

The approval of the payment of Directors’ fees of RM36,000.00 to the Non-Executive Directors for the financial period 19 September 2017 to 31 December 2017 was carried.

Ordinary Resolution 8:

The approval of the payment of Directors’ benefits (Meeting Allowance) of RM8,250.00 to the Non-Executive Directors for the financial period 19 September 2017 to 31 December 2017 was carried.

Ordinary Resolution 9:

The approval of the payment of Directors’ fees for an aggregrate up to RM339,700.00 to the Non-Executive Directors from 1 January 2018 until the conclusion of the next Annual General Meeting of the Company was not carried.

Ordinary Resolution 10:

The approval of the payment of Directors’ benefits (Meeting Allowance) for an aggregate up to RM54,000.00 to the Non-Executive Directors from 1 January 2018 until the conclusion of the next Annual General Meeting was not carried.

Ordinary Resolution 11:

The re-appointment of Messrs UHY as Auditors of the Company and to authorise the Directors to fix their remuneration was not carried.

 

Special Business

Ordinary Resolution 12:

The authority to allot and issue shares in general pursuant to Sections 75 and 76 of the Companies Act, 2016 was carried.

 

Hence, the following Director has retired from office at the conclusion of the 16th AGM:-

1)           Mr. Christopher Purcell 

 

Upon the 16th AGM, the remaining Directors on Board of IRETEX are the following:-

1)           Y.M. Raja Hizad Bin Raja Kamarulzaman 

2)           Encik Kamil Bin Abdul Rahman 

3)           Dato’ Koay Kar Huah  

 

The scrutineer is Mr Tan Yen Wooi of Messrs Tan Yen Wooi & Co. Please find attached the polling results for your reference.

This announcement is dated 28 June 2018.

 


Please refer attachment below.



Announcement Info

Company Name IRE-TEX CORPORATION BERHAD
Stock Name IRETEX
Date Announced 28 Jun 2018
Category General Meeting
Reference Number GMA-25062018-00014