General Meetings: Outcome Of Meeting

BackJun 10, 2025
Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 10 Jun 2025
Time 10:30 AM


Venue(s)

 

unior Ballroom, Level 2
InterContinental Kuala Lumpur
165 Jalan Ampang, 50350 Kuala Lumpur
Wilayah Persekutuan Kuala Lumpur
Malaysia
Outcome of Meeting

The Board of Directors of  MI TECHNOVATION BERHAD is pleased to announce that all the resolutions as set out in the Notice of 8th Annual General Meeting ("AGM") of the Company were duly passed by the shareholders of the Company at its 8th AGM duly held on 10 June 2025.

All the resolutions were voted by poll and the results of the poll were validated by Messrs Commercial Quest Sdn. Bhd., the independent scruitneer appointed by the Company.

This announcement is dated 10th day of June 2025

Voting Results

1. Ordinary Resolution 1
Description To re-elect the retiring Director, Mr. Lee Boon Leng, who retire in accordance with Article 165 of the Company's Constitution, and being eligible, offered himself for re-election
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 71 2
No. of Shares 554,297,890 2,300
% of Voted Shares 99.9996 0.0004
Result Accepted

2. Ordinary Resolution 2
Description To re-elect the retiring Director, Ms Yong Shiao Voon, who retire in accordance with Article 165 of the Company's Constitution, and being eligible, offered herself for re-election
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 66 7
No. of Shares 554,324,690 23,500
% of Voted Shares 99.9958 0.0042
Result Accepted

3. Ordinary Resolution 3
Description To re-elect the retiring Director, Mr. Lim Shin Lid, who retire in accordance with Article 165 of the Company's Constitution, and who, being eligible, offered himself for re-election
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 62 9
No. of Shares 553,829,971 416,219
% of Voted Shares 99.9249 0.0751
Result Accepted

4. Ordinary Resolution 4
Description To approve the payment of Directors' fees of up to RM479,000 for the financial year ending 31 December 2025
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 59 14
No. of Shares 554,402,271 49,919
% of Voted Shares 99.9910 0.0090
Result Accepted

5. Ordinary Resolution 5
Description To approve the payment of benefits payable to the Directors of the Company up to an amount of RM60,000 from 11 June 2025 to the next AGM of the Company
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 55 16
No. of Shares 554,379,271 75,619
% of Voted Shares 99.9864 0.0136
Result Accepted

6. Ordinary Resolution 6
Description To re-appoint the retiring Auditors, Messrs BDO 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 61 10
No. of Shares 554,284,771 41,419
% of Voted Shares 99.9925 0.0075
Result Accepted

7. Ordinary Resolution 7
Description To approve the allotment and issuance of shares pursuant to Section 76 of the Companies Act 2016
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 52 17
No. of Shares 553,615,611 264,619
% of Voted Shares 99.9522 0.0478
Result Accepted

8. Ordinary Resolution 8
Description To approve the proposed renewal of the authority for the Company to purchase its own shares
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 65 7
No. of Shares 553,737,611 215,819
% of Voted Shares 99.9610 0.0390
Result Accepted

 

Announcement Info

Company Name MI TECHNOVATION BERHAD
Stock Name MI
Date Announced 10 Jun 2025
Category General Meeting
Reference Number GMA-08062025-00001
Corporate Action ID MY250608MEET0001