| Type of Meeting | Extraordinary General Meeting |
| Indicator | Outcome of Meeting |
| Date of Meeting | 20 Nov 2019 |
| Time | 11:00 AM |
| Venue |
Auditorium of the Company No. 20, Medan Bayan Lepas Technoplex, MK 12, Taman Perindustrian Bayan Lepas, 11900 Bayan Lepas Pulau Pinang |
| Outcome of Meeting |
The Board of Directors of MI TECHNOVATION BERHAD ("the Company") is pleased to announce that all the resolutions as set out in the Notice of Extraordinary General Meeting ("EGM") of the Company were duly passed by the shareholders of the Company at the EGM duly held today, 20 November 2019. All the resolutions were voted on a 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 20th day of November 2019. |
| Resolution | Vote in favour | Vote Against | Results | ||
| No. of Shares | % | No. of Shares | % | ||
|
1. Proposed Bonus Issue |
375,279,200 | 100.000000 | 100 | 0.000000 | Carried |
|
2. Proposed Share Grant Scheme ("SGS") |
372,194,200 | 99.194600 | 3,022,100 | 0.805400 | Carried |
|
3. Proposed Granting of SGS Shares to Oh Kuang Eng |
30,026,800 | 90.570900 | 3,126,000 | 9.429100 | Carried |
|
4. Proposed Granting of SGS Shares to Koay Huck Khim |
371,689,400 | 99.204600 | 2,980,000 | 0.795400 | Carried |
|
5. Proposed Granting of SGS Shares to Yong Shiao Voon |
30,121,800 | 90.990300 | 2,982,600 | 9.009700 | Carried |
| Company Name | MI TECHNOVATION BERHAD |
| Stock Name | MI |
| Date Announced | 20 Nov 2019 |
| Category | General Meeting |
| Reference Number | GMA-19112019-00002 |