Comments Off on GENERAL MEETINGS: Outcome of Meeting
Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 06 Dec 2023
Time 03:00 PM

 

Venue(s) Online platform at https://www.dvote.my

 

(Domain registration number with MYNIC: D6A434007)

Malaysia

Outcome of Meeting The Board of Directors of MESB Berhad (“the Company”) wishes to announce that all the resolutions under Ordinary and Special Businesses as prescribed in the Notice of Twenty-Eighth Annual General Meeting (“28th AGM”) of the Company dated 31 October 2023 were duly passed by the shareholders of the Company by way of poll via remote participation and voting at the 28th AGM of the Company held on Wednesday, 6 December 2023.

 

The result of the poll was validated by Commercial Quest Sdn. Bhd., the independent scrutineer appointed by the Company.

 

The Audited Financial Statements for the financial year ended 30 June 2023 together with the Reports of the Directors and Auditors thereon were received and duly tabled at the 28th AGM of the Company under Agenda 1.

 

Please refer to the attachment for the details of the outcome.

 

This announcement is dated 6 December 2023.

 

Voting Results
1. Ordinary Resolution 1
Description To approve the payment of Directors’ fees for the financial year ended 30 June 2023.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 35 9
No. of Shares 58,010,492 68,277
% of Voted Shares 99.8824 0.1176
Result Accepted
2. Ordinary Resolution 2
Description To approve the payment of Directors’ fees for the financial year ending 30 June 2024, to be paid quarterly in arrears.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 34 11
No. of Shares 58,310,341 68,428
% of Voted Shares 99.8828 0.1172
Result Accepted
3. Ordinary Resolution 3
Description To approve the payment of Directors’ benefits (other than Directors’ fees) of up to RM65,000 for the period commencing from the date immediately after this 28th AGM until the date of the next Annual General Meeting of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 34 11
No. of Shares 58,020,341 58,428
% of Voted Shares 99.8994 0.1006
Result Accepted
4. Ordinary Resolution 4
Description To re-elect Mr. Chua Jin Kau who retires pursuant to Clause 97 of the Constitution of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 41 4
No. of Shares 58,333,617 45,152
% of Voted Shares 99.9227 0.0773
Result Accepted
5. Ordinary Resolution 5
Description To re-elect Mr. Loke Lee Ping who retires pursuant to Clause 97 of the Constitution of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 41 4
No. of Shares 58,333,617 45,152
% of Voted Shares 99.9227 0.0773
Result Accepted
6. Ordinary Resolution 6
Description To re-elect Ms. Low Koon Min who retires pursuant to Clause 104 of the Constitution of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 41 4
No. of Shares 58,333,617 45,152
% of Voted Shares 99.9227 0.0773
Result Accepted
7. Ordinary Resolution 7
Description To re-appoint Crowe Malaysia PLT as Auditors of the Company until the conclusion of the next Annual General Meeting of the Company and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 43 2
No. of Shares 58,378,530 239
% of Voted Shares 99.9996 0.0004
Result Accepted
8. Ordinary Resolution 8
Description To approve the general authority for the Directors to issue and allot shares pursuant to Sections 75 and 76 of the Companies Act 2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 37 8
No. of Shares 58,330,456 48,313
% of Voted Shares 99.9172 0.0828
Result Accepted
9. Ordinary Resolution 9
Description To approve the Proposed Renewal of Existing Shareholders Mandate and 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 31 7
No. of Shares 13,817,758 48,312
% of Voted Shares 99.6516 0.3484
Result Accepted

 

Attachment :

MESB Berhad-Poll Result

Comments Off on TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS MESB BERHAD (“MESB” OR “COMPANY”) PROPOSED DISPOSALS
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description MESB BERHAD (“MESB” OR “COMPANY”)

PROPOSED DISPOSALS

For consistency purposes, the abbreviations and definitions used throughout this announcement shall have the same meanings as those previously defined in the Company’s announcement dated 22 September 2022 in relation to the Proposals.)

We refer to the Company’s announcement dated 22 September 2022 and its subsequent announcements in relation to the Proposals.

 On behalf of the Board, KAF IB wishes to announce that the Company and the Purchaser had exchanged the letters dated 1 December 2023 with the Purchaser to extend the expiry of the Disposal SSA Second Conditional Period from 16 December 2023 to 16 June 2024.

 Saved for the above, all other terms of the Disposal SSA shall remain the same.

  

This announcement is dated 1 December 2023.

Comments Off on Quarterly rpt on consolidated results for the financial period ended 30 Sep 2023
Financial Year End 30 Jun 2024
Quarter 1 Qtr
Quarterly report for the financial period ended 30 Sep 2023
The figures have not been audited

Attachment : 

MESB2024 1QTR NOTE          MESB2024 1QTR REPORT

 

SUMMARY OF KEY FINANCIAL INFORMATION
30 Sep 2023

 

 

INDIVIDUAL PERIOD

CUMULATIVE PERIOD

CURRENT YEAR QUARTER

PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE

PRECEDING YEAR
CORRESPONDING
PERIOD

30 Sep 2023 30 Sep 2022 30 Sep 2023

30 Sep 2022

$$’000

$$’000 $$’000

$$’000

1 Revenue

33,514

29,466 33,514

29,466

2 Profit/(loss) before tax

607

1,895 607

1,895

3 Profit/(loss) for the period

284

184 284

184

4 Profit/(loss) attributable to ordinary equity holders of the parent

594

184 594

184

5 Basic earnings/(loss) per share (Subunit)

0.41

0.16 0.41

0.16

6 Proposed/Declared dividend per share (Subunit)

0.00

0.00 0.00

0.00

AS AT END OF CURRENT QUARTER

AS AT PRECEDING FINANCIAL YEAR END

7 Net assets per share attributable to ordinary equity holders of the parent ($$)

0.7400

0.7400


Definition of Subunit:

In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:

Country

Base Unit

Subunit

Malaysia

Ringgit

Sen

United States

Dollar

Cent

United Kingdom

Pound

Pence

Comments Off on Circular/Notice to Shareholders
Subject CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PROPOSED RENEWAL OF EXISTING SHAREHOLDERS’ MANDATE AND PROPOSED NEW SHAREHOLDERS’ MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE

Please refer attachment below.

MESB Berhad – RRPT Circular 2023

Comments Off on Annual Report & CG Report
Annual Report for Financial Year Ended    30 Jun 2023
Subject    Annual Report & CG Report – 2023

 

Please refer attachment below.

MESB Berhad – Annual Report 2023 (Part 1)

MESB Berhad – Annual Report 2023 (Part 2)

MESB Berhad – Corporate Governance Report 2023

Comments Off on GENERAL MEETINGS: Notice of Meeting
Type of Meeting General
Indicator Notice of Meeting
Description MESB BERHAD (“MESB” OR “THE COMPANY”)

– NOTICE OF TWENTY-EIGHTH ANNUAL GENERAL MEETING (“28TH AGM”)

(The 28th AGM will be conducted on fully virtual basis and entirely via remote participation and electronic voting through an online meeting platform)

Date of Meeting 06 Dec 2023
Time 03:00 PM
Venue(s) Online platform at https://www.dvote.my

(Domain registration number with MYNIC: D6A434007)

Malaysia

Date of General Meeting Record of Depositors 29 Nov 2023

 

Resolutions
1. For Information
Description To receive the Audited Financial Statements for the financial year ended 30 June 2023 together with the Reports of the Directors and Auditors thereon.
Shareholder’s Action For Information Only
2. Ordinary Resolution 1
Description To approve the payment of Directors’ fees for the financial year ended 30 June 2023.
Shareholder’s Action For Voting
3. Ordinary Resolution 2
Description To approve the payment of Directors’ fees for the financial year ending 30 June 2024, to be paid quarterly in arrears.
Shareholder’s Action For Voting
4. Ordinary Resolution 3
Description To approve the payment of Directors’ benefits (other than Directors’ fees) of up to RM65,000 for the period commencing from the date immediately after this 28th AGM until the date of the next Annual General Meeting of the Company.
Shareholder’s Action For Voting
5. Ordinary Resolution 4
Description To re-elect Mr. Chua Jin Kau who retires pursuant to Clause 97 of the Constitution of the Company.
Shareholder’s Action For Voting
6. Ordinary Resolution 5
Description To re-elect Mr. Loke Lee Ping who retires pursuant to Clause 97 of the Constitution of the Company.
Shareholder’s Action For Voting
7. Ordinary Resolution 6
Description To re-elect Ms. Low Koon Min who retires pursuant to Clause 104 of the Constitution of the Company.
Shareholder’s Action For Voting
8. Ordinary Resolution 7
Description To re-appoint Crowe Malaysia PLT as Auditors of the Company until the conclusion of the next Annual General Meeting of the Company and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
9. Ordinary Resolution 8
Description To approve the general authority for the Directors to issue and allot shares pursuant to Sections 75 and 76 of the Companies Act 2016.
Shareholder’s Action For Voting
10. Ordinary Resolution 9
Description To approve the Proposed Renewal of Existing Shareholders Mandate and Proposed New Shareholders Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature.
Shareholder’s Action For Voting

Please refer attachment below.

MESB Berhad – AGM Notice – Administrative Notes 2023

Comments Off on OTHERS MESB BERHAD (“MESB” OR “THE COMPANY”) – PROPOSED RENEWAL OF EXISTING SHAREHOLDERS’ MANDATE AND PROPOSED NEW SHAREHOLDERS’ MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE
Type Announcement
Subject OTHERS
Description MESB BERHAD (“MESB” OR “THE COMPANY”)

– PROPOSED RENEWAL OF EXISTING SHAREHOLDERS’ MANDATE AND PROPOSED NEW SHAREHOLDERS’ MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE

The Board of Directors of MESB wishes to inform that MESB intends to seek its shareholders’ approval for the Proposed Renewal of Existing Shareholders’ Mandate and Proposed New Shareholders’ Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature (“Proposed Shareholders’ Mandate”) at the forthcoming Twenty-Eighth Annual General Meeting of the Company.

The Circular to Shareholders containing details of the aforesaid Proposed Shareholders’ Mandate will be announced and published on the Company’s website in due course.

his announcement is dated 30 October 2023.

Comments Off on Change of Address
9 Oct 2023

Change of Address

Change description REGISTERED
Old address Third Floor, No. 77, 79 & 81
Jalan SS 21/60
Damansara Utama
47400  Petaling Jaya
Selangor
Malaysia
New address Unit 521, 5th Floor, Lobby 6
Block A, Damansara Intan
No. 1, Jalan SS20/27
47400  Petaling Jaya
Selangor
Malaysia
Telephone No 03 -77320792
Facsimile No 03 -77320792
E-mail address
Effective date 09 Oct 2023
Comments Off on Change of Company Secretary
Date Of Change 09 Oct 2023
Type Of Change Resignation
Designation Joint Secretary
License No MAICSA 7067348
Name LIM KEE SAN
Working experience and occupation during past 5 years
Comments Off on Change of Company Secretary
Date Of Change 09 Oct 2023
Type Of Change Resignation
Designation Company Secretary
License No MACS 01324
Name TEA SOR HUA
Working experience and occupation during past 5 years
Comments Off on Quarterly rpt on consolidated results for the financial period ended 30 Jun 2023
Financial Year End 30 Jun 2023
Quarter 4 Qtr
Quarterly report for the financial period ended 30 Jun 2023
The figures have not been audited

Attachments : 

MESB2023 4QTR NOTE       MESB2023 4QTR REPORT

 

SUMMARY OF KEY FINANCIAL INFORMATION
30 Jun 2023

 

 

INDIVIDUAL PERIOD

CUMULATIVE PERIOD

CURRENT YEAR QUARTER

PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE

PRECEDING YEAR
CORRESPONDING
PERIOD

30 Jun 2023

30 Jun 2022 30 Jun 2023

30 Jun 2022

$$’000

$$’000 $$’000

$$’000

1 Revenue

41,065

52,704 159,182

158,476

2 Profit/(loss) before tax

5,537

8,902 18,696

22,870

3 Profit/(loss) for the period

3,332

-4,741 12,050

6,667

4 Profit/(loss) attributable to ordinary equity holders of the parent

3,336

-4,741 12,054

6,667

5 Basic earnings/(loss) per share (Subunit)

2.31

-4.26 9.07

6.13

6 Proposed/Declared dividend per share (Subunit)

0.00

0.00 0.00

0.00

AS AT END OF CURRENT QUARTER

AS AT PRECEDING FINANCIAL YEAR END

7 Net assets per share attributable to ordinary equity holders of the parent ($$)

0.7400

0.8000


Definition of Subunit:

In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:

Country Base Unit Subunit
Malaysia Ringgit Sen
United States Dollar Cent
United Kingdom Pound Pence
Comments Off on MULTIPLE PROPOSALS MESB BERHAD (“MESB” OR “COMPANY”) (I) PROPOSED DISPOSALS; AND (II) PROPOSED ACQUISITIONS (COLLECTIVELY REFERRED TO AS “PROPOSALS”)
Type Announcement
Subject MULTIPLE PROPOSALS
Description MESB BERHAD (“MESB” OR “COMPANY”)

(I)             PROPOSED DISPOSALS; AND

(II)            PROPOSED ACQUISITIONS

(COLLECTIVELY REFERRED TO AS “PROPOSALS”)

(For consistency purposes, the abbreviations and definitions used throughout this announcement shall have the same meanings as those previously defined in the Company’s announcement dated 22 September 2022 in relation to the Proposals.)

We refer to the Company’s announcement dated 22 September 2022 and its subsequent announcements in relation to the Proposals.

On behalf of the Board, KAF IB wishes to announce that the Proposed Acquisitions and the disposals of the First Tranche Sale Shares have been completed today in accordance with the terms and conditions of the Acquisition SSA and Disposal SSA respectively.

 

This announcement is dated 16 June 2023.

Comments Off on Change of Company Secretary
Date Of Change 12 Jun 2023
Type Of Change Appointment
Designation Joint Secretary
License No MAICSA 7067348
Name LIM KEE SAN
Working experience and occupation during past 5 years
Comments Off on Quarterly rpt on consolidated results for the financial period ended 31 Mar 2023
Financial Year End 30 Jun 2023
Quarter 3 Qtr
Quarterly report for the financial period ended 31 Mar 2023
The figures have not been audited

Attachments : 

MESB2023 3QTR REPORT MESB2023 3QTR NOTE

SUMMARY OF KEY FINANCIAL INFORMATION
31 Mar 2023

 

 

INDIVIDUAL PERIOD

CUMULATIVE PERIOD

CURRENT YEAR QUARTER

PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE

PRECEDING YEAR
CORRESPONDING
PERIOD

31 Mar 2023

31 Mar 2022 31 Mar 2023

31 Mar 2022

$$’000 $$’000 $$’000

$$’000

1 Revenue

43,783

46,131 118,322

106,182

2 Profit/(loss) before tax

5,475

7,235 12,988

13,921

3 Profit/(loss) for the period

4,174

6,414 8,720

11,408

4 Profit/(loss) attributable to ordinary equity holders of the parent

4,174

6,414 8,720

11,408

5 Basic earnings/(loss) per share (Subunit)

2.89

5.92 6.76

10.56

6 Proposed/Declared dividend per share (Subunit)

0.00

0.00 0.00

0.00

AS AT END OF CURRENT QUARTER

AS AT PRECEDING FINANCIAL YEAR END

7 Net assets per share attributable to ordinary equity holders of the parent ($$)

0.7500

0.8000


Definition of Subunit:

In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:

Country Base Unit Subunit
Malaysia Ringgit Sen
United States Dollar Cent
United Kingdom Pound Pence
Comments Off on MULTIPLE PROPOSALS MESB BERHAD (“MESB” OR “COMPANY”) (I) PROPOSED DISPOSALS; AND (II) PROPOSED ACQUISITIONS (COLLECTIVELY REFERRED TO AS “PROPOSALS”)
Type Announcement
Subject MULTIPLE PROPOSALS
Description MESB BERHAD (“MESB” OR “COMPANY”)

(I) PROPOSED DISPOSALS; AND

(II) PROPOSED ACQUISITIONS

(COLLECTIVELY REFERRED TO AS “PROPOSALS”)

(For consistency purposes, the abbreviations and definitions used throughout this announcement shall have the same meanings as those previously defined in the Company’s announcement dated 22 September 2022 in relation to the Proposals.)

We refer to the Company’s announcement dated 22 September 2022 and its subsequent announcements in relation to the Proposals.

On behalf of the Board, KAF IB wishes to announce that the Company had exchanged the letters dated 15 March 2023 with the Purchaser and Vendors to extend the Disposal SSA First Conditional Period and Acquisition SSA Conditional Period from 21 March 2023 to 30 June 2023 respectively.

Saved for the above, all other terms of the Disposal SSA and Acquisition SSA shall remain the same.

 

This announcement is dated 15 March 2023.

Comments Off on Quarterly rpt on consolidated results for the financial period ended 31 Dec 2022
Financial Year End 30 Jun 2023
Quarter 2 Qtr
Quarterly report for the financial period ended 31 Dec 2022
The figures have not been audited

Attachments:

MESB2023 2QTR REPORT     MESB2023 2QTR NOTE

 

SUMMARY OF KEY FINANCIAL INFORMATION
31 Dec 2022

 

  INDIVIDUAL PERIOD CUMULATIVE PERIOD
CURRENT YEAR QUARTER PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE PRECEDING YEAR
CORRESPONDING
PERIOD
31 Dec 2022 31 Dec 2021 31 Dec 2022 31 Dec 2021
$$’000 $$’000 $$’000 $$’000
1 Revenue 55,262 61,922 91,010 73,194
2 Profit/(loss) before tax 6,902 10,340 7,277 7,311
3 Profit/(loss) for the period 4,607 8,132 4,545 4,993
4 Profit/(loss) attributable to ordinary equity holders of the parent 4,607 8,132 4,545 4,993
5 Basic earnings/(loss) per share (Subunit) 3.64 7.51 3.74 4.63
6 Proposed/Declared dividend per share (Subunit) 0.00 0.00 0.00 0.00
AS AT END OF CURRENT QUARTER AS AT PRECEDING FINANCIAL YEAR END
7 Net assets per share attributable to ordinary equity holders of the parent ($$) 0.7300 0.8000


Definition of Subunit:

In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:

Country Base Unit Subunit
Malaysia Ringgit Sen
United States Dollar Cent
United Kingdom Pound Pence
Comments Off on Change in Audit Committee
Date of change 20 Feb 2023
Name MISS LOW KOON MIN
Age 52
Gender Female
Nationality Malaysia
Type of change Appointment
Designation Chairman of Audit Committee
Directorate Independent and Non Executive
Composition of Audit Committee (Name and Directorate of members after change) The composition of the Audit and Risk Management Committee is as follows:-

1. Low Koon Min (Chairperson – Independent Non-Executive Director)

2. Datuk Wong Sak Kuan (Member – Non-Independent Non-Executive Director)

3. Lee Kok Heng (Member – Independent Non-Executive Director)

Comments Off on Change in Risk Committee
Type of Board Committee Risk Committee
Date of change 20 Feb 2023
Salutation MISS
Name LOW KOON MIN
Age 52
Gender Female
Nationality Malaysia
Type of change Appointment
Designation Chairman of Risk Committee
Directorate Independent and Non Executive
Composition of Risk Committee(Name and Directorate of members after change) The composition of the Audit and Risk Management Committee is as follows:-

1. Low Koon Min (Chairperson – Independent Non-Executive Director)

2. Datuk Wong Sak Kuan (Member – Non-Independent Non-Executive Director)

3. Lee Kok Heng (Member – Independent Non-Executive Director)

Comments Off on Change in Nomination and Remuneration Committee
Type of Board Committee Nomination and Remuneration Committee
Date of change 20 Feb 2023
Salutation MISS
Name LOW KOON MIN
Age 52
Gender Female
Nationality Malaysia
Type of change Appointment
Designation Member of Nomination and Remuneration Committee
Directorate Independent and Non Executive
Composition of Nomination and Remuneration Committee(Name and Directorate of members after change) The composition of the Nomination and Remuneration Committee is as follows:-

1. Lee Kok Heng (Chairman, Independent Non-Executive Director)

2. Datuk Wong Sak Kuan (Member, Non-Independent Non-Executive Director)

3. Low Koon Min (Member, Independent Non-Executive Director)

Comments Off on Change in Boardroom
20 Feb 2023

Change in Boardroom

Date of change 20 Feb 2023
Name MISS LOW KOON MIN
Age 52
Gender Female
Nationality Malaysia
Designation Independent Director
Directorate Independent and Non Executive
Type of change Appointment

Qualifications

No Qualifications Major/Field of Study Institute/University Additional Information
1 Professional Qualification Chartered Member Chartered Institute of Management Account (CIMA)
2 Professional Qualification Chartered Member Malaysia Institute of Accountants (MIA)

 

Working experience and occupation Ms. Low Koon Min (Ms. Low) started her career in 1995 as a Finance Manager at Mitsumi Electric Sdn. Bhd., a 100% owned subsidiary of Mitsumi Electric Co. Ltd. Mitsumi is one of the biggest electronic components company which is listed in Japan.

 

In 1998, Ms. Low joined Mattel Southeast Asia Pte. Ltd. and subsequently moved to Mattel Southeast Asia (Regional Office) Sdn. Bhd. in 2002 as a Financial Specialist. Mattel is a toy company listed on the Nasdaq Stock Exchange of the United States of America.

 

In 2011, Ms. Low joined Lee Ong & Partners, a legal firm as its General Manager. Ms Low is also involved in the business of recovery and recycling of both scheduled and non-scheduled waste. She also served IWB Consultancy Sdn. Bhd., a former Selangor state owned company tasked to raise woman’s socio-economy and capability of women in leadership and entrepreneurship.

 

Ms. Low was appointed to the Board of Directors of Lotus KFM Berhad in 2019 as an Independent Non-Executive Director.

Directorships in public companies and listed issuers (if any) 1. Lotus KFM Berhad
Family relationship with any director and/or major shareholder of the listed issuer Nil
Any conflict of interests that he/she has with the listed issuer Nil
Details of any interest in the securities of the listed issuer or its subsidiaries Nil
Comments Off on Additional Listing Announcement /Subdivision of Shares
1. Details of Corporate Proposal
Involve issuance of new type/class of securities ? No
Types of corporate proposal Exercise of Warrants
Details of corporate proposal Conversion of Warrants to Ordinary Shares
No. of shares issued under this corporate proposal 1,249,474
Issue price per share ($$) Malaysian Ringgit (MYR)   0.3000
Par Value($$) (if applicable) Malaysian Ringgit (MYR)
Latest issued share capital after the above corporate proposal in the following
Units 144,294,425
Issued Share Capital ($$) Malaysian Ringgit (MYR) 69,908,567.500
Listing Date 10 Jan 2023
Comments Off on Additional Listing Announcement /Subdivision of Shares
1. Details of Corporate Proposal
Involve issuance of new type/class of securities ? No
Types of corporate proposal Exercise of Warrants
Details of corporate proposal Conversion of Warrants to Ordinary Shares
No. of shares issued under this corporate proposal 1,751,825
Issue price per share ($$) Malaysian Ringgit (MYR)   0.3000
Par Value($$) (if applicable) Malaysian Ringgit (MYR)
Latest issued share capital after the above corporate proposal in the following
Units 143,044,951
Issued Share Capital ($$) Malaysian Ringgit (MYR) 69,533,725.300
Listing Date 04 Jan 2023
Comments Off on Additional Listing Announcement /Subdivision of Shares
1. Details of Corporate Proposal
Involve issuance of new type/class of securities ? No
Types of corporate proposal Exercise of Warrants
Details of corporate proposal Conversion of Warrants to Ordinary Shares
No. of shares issued under this corporate proposal 6,433,075
Issue price per share ($$) Malaysian Ringgit (MYR)   0.3000
Par Value($$) (if applicable)  
Latest issued share capital after the above corporate proposal in the following
Units 141,293,126
Issued Share Capital ($$) Malaysian Ringgit (MYR) 69,008,177.800
Listing Date 28 Dec 2022
Comments Off on Additional Listing Announcement /Subdivision of Shares
1. Details of Corporate Proposal
Involve issuance of new type/class of securities ? No
Types of corporate proposal Exercise of Warrants
Details of corporate proposal Conversion of Warrants to Ordinary Shares
No. of shares issued under this corporate proposal 2,251,375
Issue price per share ($$) Malaysian Ringgit (MYR)   0.3000
Par Value($$) (if applicable) Malaysian Ringgit (MYR)
Latest issued share capital after the above corporate proposal in the following
Units 134,860,051
Issued Share Capital ($$) Malaysian Ringgit (MYR) 67,078,255.300
Listing Date 21 Dec 2022
Comments Off on Additional Listing Announcement /Subdivision of Shares
1. Details of Corporate Proposal
Involve issuance of new type/class of securities ? No
Types of corporate proposal Exercise of Warrants
Details of corporate proposal Conversion of Warrants to Ordinary Shares
No. of shares issued under this corporate proposal 1,650,750
Issue price per share ($$) Malaysian Ringgit (MYR)   0.3000
Par Value($$) (if applicable) Malaysian Ringgit (MYR)
Latest issued share capital after the above corporate proposal in the following
Units 132,608,676
Issued Share Capital ($$) Malaysian Ringgit (MYR) 66,402,842.800
Listing Date 16 Dec 2022
Comments Off on Additional Listing Announcement /Subdivision of Shares
1. Details of Corporate Proposal
Involve issuance of new type/class of securities ? No
Types of corporate proposal Exercise of Warrants
Details of corporate proposal Conversion of Warrants to Ordinary Shares
No. of shares issued under this corporate proposal 1,978,050
Issue price per share ($$) Malaysian Ringgit (MYR)   0.3000
Par Value($$) (if applicable) Malaysian Ringgit (MYR)
Latest issued share capital after the above corporate proposal in the following
Units 130,957,926
Issued Share Capital ($$) Malaysian Ringgit (MYR) 65,907,617.800
Listing Date 12 Dec 2022
Comments Off on Change in Nomination and Remuneration Committee
Type of Board Committee Nomination and Remuneration Committee
Date of change 06 Dec 2022
Salutation MR
Name TAN YEW KIM
Age 64
Gender Male
Nationality Malaysia
Type of change Retirement
Designation Member of Nomination and Remuneration Committee
Directorate Independent and Non Executive
Composition of Nomination and Remuneration Committee(Name and Directorate of members after change) The composition of the Nomination and Remuneration Committee is as follows:-

1. Lee Kok Heng (Chairman, Independent Non-Executive Director)

2. Datuk Wong Sak Kuan (Member, Non-Independent Non-Executive Director)

Comments Off on Change in Risk Committee
Type of Board Committee Risk Committee
Date of change 06 Dec 2022
Salutation MR
Name TAN YEW KIM
Age 64
Gender Male
Nationality Malaysia
Type of change Retirement
Designation Chairman of Risk Committee
Directorate Independent and Non Executive
Composition of Risk Committee(Name and Directorate of members after change) The composition of the Audit and Risk Management Committee is as follows:-

1. Datuk Wong Sak Kuan (Member – Non-Independent Non-Executive Director)

2. Lee Kok Heng (Member – Independent Non-Executive Director)

Comments Off on Change in Audit Committee
Date of change 06 Dec 2022
Name MR TAN YEW KIM
Age 64
Gender Male
Nationality Malaysia
Type of change Retirement
Designation Chairman of Audit Committee
Directorate Independent and Non Executive
Composition of Audit Committee (Name and Directorate of members after change) The composition of the Audit and Risk Management Committee is as follows:-

1. Datuk Wong Sak Kuan (Member – Non-Independent Non-Executive Director)

2. Lee Kok Heng (Member – Independent Non-Executive Director)

Comments Off on Change in Boardroom
6 Dec 2022

Change in Boardroom

Date of change 06 Dec 2022
Name MR TAN YEW KIM
Age 64
Gender Male
Nationality Malaysia
Designation Non Executive Director
Directorate Independent and Non Executive
Type of change Retirement

Qualifications

No Qualifications Major/Field of Study Institute/University Additional Information

 

Working experience and occupation
Family relationship with any director and/or major shareholder of the listed issuer
Any conflict of interests that he/she has with the listed issuer
Details of any interest in the securities of the listed issuer or its subsidiaries
Comments Off on GENERAL MEETINGS: Outcome of Meeting
Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 06 Dec 2022
Time 03:00 PM

 

Venue(s) An online platform at https://www.digitizevote.my

(Domain Registration No. with MYNIC: D6A474651)

Malaysia

Outcome of Meeting The Board of Directors of MESB Berhad (“the Company”) wishes to announce that all the resolutions as prescribed in the Notice of Extraordinary General Meeting (“EGM”) of the Company dated 17 November 2022 were duly passed by the shareholders of the Company by way of poll via remote participation and voting at the EGM of the Company held on Tuesday, 6 December 2022.

The result of the poll was validated by Commercial Quest Sdn. Bhd., the independent scrutineer appointed by the Company.

Please refer to the attachment for the details of the outcome.

This announcement is dated 6 December 2022.

 

Voting Results
1. Ordinary Resolution 1
Description Proposed Disposal by MESB of the Entire Equity Interests in Active Fit Sdn Bhd and MESB Capital & Development Sdn Bhd as well as 45% Equity Interest in Miroza Leather (M) Sdn Bhd to Trend Navigator Sdn Bhd for a Cash Consideration of RM46,000,000
Shareholder’s Action For Voting
Voted

For

Against

No. of Shareholders

21

7

No. of Shares

16,234,817

24,065

% of Voted Shares

99.8520

0.1480

Result

Accepted

2. Ordinary Resolution 2
Description Proposed Acquisitions by MESB of he Entire Equity interests in N.U. Recycle Sdn Bhd, Formidex Sdn Bhd and Waier Trading Sdn Bhd from Datuk Wong Sak Kuan, Lee Wai Fun and Lotus Essential Sdn Bhd for a Total Consideration of RM51,000,000 (“Proposed Acquisitions”)
Shareholder’s Action For Voting
Voted

For

Against

No. of Shareholders

20

8

No. of Shares

16,236,965

21,917

% of Voted Shares

99.8652

0.1348

Result

Accepted

3. Ordinary Resolution 3
Description Proposed Shareholders’ Mandate for Additional Recurrent Related Party Transactions of a Revenue and/or Trading Nature Following the Completion of the Proposed Acquisitions
Shareholder’s Action For Voting
Voted

For

Against

No. of Shareholders

18

7

No. of Shares

11,459,054

21,828

% of Voted Shares

99.8099

0.1901

Result

Accepted

Please refer attachment below.

MESB Berhad – Pollling Result

Comments Off on GENERAL MEETINGS: Outcome of Meeting
Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 06 Dec 2022
Time 02:30 PM

 

Venue(s) An online platform at https://www.digitizevote.my

(Domain Registration No. with MYNIC: D6A474651)

Malaysia

Outcome of Meeting The Board of Directors of MESB Berhad (“the Company”) wishes to announce that all the resolutions under Ordinary and Special Businesses as prescribed in the Notice of Twenty-Seventh Annual General Meeting (“27th AGM”) of the Company dated 31 October 2022 were duly passed by the shareholders of the Company by way of poll via remote participation and voting at the 27th AGM of the Company held on Tuesday, 6 December 2022.

The result of the poll was validated by Commercial Quest Sdn. Bhd., the independent scrutineer appointed by the Company.

The Audited Financial Statements for the financial year ended 30 June 2022 together with the Reports of the Directors and Auditors thereon were received and duly tabled at the 27th AGM of the Company under Agenda 1.

Please refer to the attachment for the details of the outcome.

This announcement is dated 6 December 2022.

 

Voting Results
1. Ordinary Resolution 1
Description To approve the payment of Directors’ fees and benefits of up to RM139,000 for the period commencing from the date immediately after this 27th AGM until the date of the next AGM of the Company.
Shareholder’s Action For Voting
Voted

For

Against

No. of Shareholders

34

5

No. of Shares

54,699,816

13,315

% of Voted Shares

99.9757

0.0243

Result

Accepted

2. Ordinary Resolution 2
Description To re-elect Mr. Lee Kok Heng as Director who retires by rotation pursuant to Clause 97 of the Company’s Constitution.
Shareholder’s Action For Voting
Voted

For

Against

No. of Shareholders

37

2

No. of Shares

54,702,981

10,150

% of Voted Shares

99.9814

0.0186

Result

Accepted

3. Ordinary Resolution 3
Description To re-elect Dato’ Lee Ban Seng as Director who retires pursuant to Clause 104 of the Company’s Constitution.
Shareholder’s Action For Voting
Voted

For

Against

No. of Shareholders

37

2

No. of Shares

54,702,981

10,150

% of Voted Shares

99.9814

0.0186

Result

Accepted

4. Ordinary Resolution 4
Description To re-elect Mr. Wong Yu Perng as Director who retires pursuant to Clause104 of the Company’s Constitution.
Shareholder’s Action For Voting
Voted

For

Against

No. of Shareholders

37

2

No. of Shares

54,702,981

10,150

% of Voted Shares

99.9814

0.0186

Result

Accepted

5. Ordinary Resolution 5
Description To re-elect Mr. Chen, JianHua as Director who retires pursuant to Clause 104 of the Company’s Constitution.
Shareholder’s Action For Voting
Voted

For

Against

No. of Shareholders

35

4

No. of Shares

54,702,879

10,252

% of Voted Shares

99.9813

0.0187

Result

Accepted

6. Ordinary Resolution 6
Description To appoint Crowe Malaysia PLT as Auditors in place of the retiring Auditors, KPMG PLT and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted

For

Against

No. of Shareholders

37

2

No. of Shares

54,702,981

10,150

% of Voted Shares

99.9814

0.0186

Result

Accepted

7. Ordinary Resolution 7
Description To approve the general authority for the Directors to issue and allot shares pursuant to Sections 75 and 76 of the Companies Act 2016.
Shareholder’s Action For Voting
Voted

For

Against

No. of Shareholders

32

7

No. of Shares

54,682,863

30,268

% of Voted Shares

99.9447

0.0553

Result

Accepted

8. Ordinary Resolution 8
Description To approve the Proposed Renewal of Existing Shareholders’ Mandate for Recurrent Related Party Transactions of a Revenue and/or Trading Nature.
Shareholder’s Action For Voting

Voted

For

Against

No. of Shareholders

26

6

No. of Shares

11,496,966

30,267

% of Voted Shares

99.7374

0.2626

Result

Accepted

Please refer attachment below.

MESB Berhad – Polling Result