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GENERAL MEETINGS: Outcome of Meeting

UNITRADE INDUSTRIES BERHAD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 07 Sep 2023
Time 10:00 AM

Venue(s)
Broadcast Venue at

12th Floor, Menara Symphony

No. 5, Jalan Prof. Khoo Kay Kim, Seksyen 13

46200 Petaling Jaya, Selangor Darul Ehsan

Malaysia

Outcome of Meeting

The Board of Directors of Unitrade Industries Berhad ("the Company") wishes to announce that all the resolutions set out in the Notice of the Second Annual General Meeting ("2nd AGM") of the Company dated 28 July 2023 were duly passed by the shareholders of the Company at the 2nd AGM held today. 


All the resolutions were voted by poll via remote participation and electronic voting and the results of the poll were validated by Sky Corporate Services Sdn Bhd, the Independent Scrutineer appointed by the Company.


The details of the poll results are set out below.

 

This announcement is dated 7 September 2023. 


Voting Results


1. Ordinary Resolution 1

Description
To approve the payment of a first and final single tier dividend of 0.30 sen per ordinary share in respect of the financial year ended 31 March 2023.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 136 3
No. of Shares 1,285,331,702 26,005
% of Voted Shares 99.9980 0.0020
Result Accepted

2. Ordinary Resolution 2

Description
To approve the payment of Directors' fees of RM5,000 per month to Dato' Abdul Majit bin Ahmad Khan for the period from the date of the forthcoming Annual General Meeting ("AGM") until the conclusion of the next AGM of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 119 19
No. of Shares 1,284,199,302 958,405
% of Voted Shares 99.9254 0.0746
Result Accepted

3. Ordinary Resolution 3

Description
To approve the payment of Directors' fees of RM5,000 per month to Dato' Lok Bah Bah@Loh Yeow Boo for the period from the date of the forthcoming AGM until the conclusion of the next AGM of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 119 19
No. of Shares 1,284,249,302 958,405
% of Voted Shares 99.9254 0.0746
Result Accepted

4. Ordinary Resolution 4

Description
To approve the payment of Directors' fees of RM5,000 per month to Ms Cynthia Toh Mei Lee for the period from the date of the forthcoming AGM until the conclusion of the next AGM of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 119 19
No. of Shares 1,284,199,302 958,405
% of Voted Shares 99.9254 0.0746
Result Accepted

5. Ordinary Resolution 5

Description
To approve the payment of Directors' fees of RM5,000 per month to Ms Ong Soo Chan for the period from the date of the forthcoming AGM until the conclusion of the next AGM of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 120 18
No. of Shares 1,284,299,302 858,405
% of Voted Shares 99.9332 0.0668
Result Accepted

6. Ordinary Resolution 6

Description
To approve the payment of Directors' fees to Datin Shivajini Sathya Seelan:-
(a) RM4,000 per month for the period from 14 June 2023 until 6 September 2023; and
(b) RM5,000 per month for the period from the date of the forthcoming AGM until the conclusion of the next AGM.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 121 18
No. of Shares 1,284,499,302 858,405
% of Voted Shares 99.9332 0.0668
Result Accepted

7. Ordinary Resolution 7

Description
To approve the payment of the meeting allowance of RM1,000 per meeting day for the Non-Executive Directors for the period from the date of the forthcoming AGM until the conclusion of the next AGM of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 118 17
No. of Shares 1,283,651,302 956,405
% of Voted Shares 99.9255 0.0745
Result Accepted

8. Ordinary Resolution 8

Description
To re-elect Dato' Abdul Majit bin Ahmad Khan as Director.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 128 10
No. of Shares 1,284,413,602 744,105
% of Voted Shares 99.9421 0.0579
Result Accepted

9. Ordinary Resolution 9

Description
To re-elect Mr Sim Keng Chor as Director.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 125 11
No. of Shares 1,116,390,502 794,205
% of Voted Shares 99.9289 0.0711
Result Accepted

10. Ordinary Resolution 10

Description
To re-elect Datin Shivajini Sathya Seelan as Director.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 128 11
No. of Shares 1,284,563,502 794,205
% of Voted Shares 99.9382 0.0618
Result Accepted

11. Ordinary Resolution 11

Description
To re-appoint KPMG PLT as Auditors of the Company and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 130 9
No. of Shares 1,284,595,502 762,205
% of Voted Shares 99.9407 0.0593
Result Accepted

12. Ordinary Resolution 12

Description
To approve the authority pursuant to Section 76 of the Companies Act 2016 for the Directors to allot and issue shares.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 123 16
No. of Shares 1,284,551,202 806,505
% of Voted Shares 99.9373 0.0627
Result Accepted

13. Ordinary Resolution 13

Description
To approve the Proposed Renewal of Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature and Proposed New Shareholders' Mandate for Additional Recurrent Related Party Transactions of a Revenue or Trading Nature
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 114 11
No. of Shares 176,457,602 750,105
% of Voted Shares 99.5767 0.4233
Result Accepted



Please refer attachment below.




Announcement Info

Company Name UNITRADE INDUSTRIES BERHAD
Stock Name UNITRAD
Date Announced 07 Sep 2023
Category General Meeting
Reference Number GMA-07092023-00002
Corporate Action ID MY230907MEET0002



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