GENERAL MEETINGS: Outcome of Meeting
| MAGMA GROUP BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 30 Jun 2025 |
| Time | 02:30 PM |
| Venue(s) |
Impiana Ballroom, Level 2, Impiana KLCC Hotel, 13, Jalan Pinang 50450 Kuala Lumpur Malaysia |
| Outcome of Meeting | The Board of Directors of Magma Group Berhad ("Magma" or "the Company") is pleased to announce that the Resolutions as set out in the Notice of the 16th Annual General Meeting ("AGM") of the Company dated 29 April 2025 were duly passed by way of poll at the 16th AGM of the Company held today.
The results of the poll were validated by SKY Corporate Services Sdn Bhd, the independent scrutineer appointed by the Company.
This announcement is dated 30 June 2025. |
Voting Results |
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1. 1 |
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| Description |
To approve the payment of Directors' fees and benefits of up to an amount of RM300,000.00 for the period from 1 July 2025 until the next Annual General Meeting of the Company. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 112 | 13 |
| No. of Shares | 974,575,419 | 83,021 |
| % of Voted Shares | 99.9915 | 0.0085 |
| Result | Accepted | |
2. 2 |
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| Description |
To re-elect Dato' Sri Lee Hock Seng, who retires in accordance with Article 28.1 of the Company's Constitution and being eligible, has offered himself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 110 | 11 |
| No. of Shares | 646,777,710 | 80,730 |
| % of Voted Shares | 99.9875 | 0.0125 |
| Result | Accepted | |
3. 3 |
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| Description |
To re-elect Ms Lee Guat Tin, who retires in accordance with Article 28.1 of the Company's Constitution and being eligible, has offered herself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 114 | 11 |
| No. of Shares | 974,577,710 | 80,730 |
| % of Voted Shares | 99.9917 | 0.0083 |
| Result | Accepted | |
4. 4 |
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| Description |
To re-elect Datin Lim Sok Yee, who retires in accordance with Article 28.6 of the Company's Constitution and being eligible, has offered herself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 114 | 11 |
| No. of Shares | 974,577,710 | 80,730 |
| % of Voted Shares | 99.9917 | 0.0083 |
| Result | Accepted | |
5. 5 |
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| Description |
To re-appoint Moore Stephens Associates 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 | 114 | 11 |
| No. of Shares | 974,576,770 | 81,670 |
| % of Voted Shares | 99.9916 | 0.0084 |
| Result | Accepted | |
6. 6 |
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| Description |
Authority under Sections 75 and 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 | 112 | 13 |
| No. of Shares | 974,577,669 | 80,771 |
| % of Voted Shares | 99.9917 | 0.0083 |
| Result | Accepted | |
7. 7 |
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| Description |
Proposed New Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 110 | 11 |
| No. of Shares | 646,778,670 | 79,770 |
| % of Voted Shares | 99.9877 | 0.0123 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | MAGMA GROUP BERHAD |
| Stock Name | MAGMA |
| Date Announced | 30 Jun 2025 |
| Category | General Meeting |
| Reference Number | GMA-30062025-00004 |
| Corporate Action ID | MY250630MEET0004 |