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RNS Number : 5445X Global Invacom Group Limited 26 April 2023
GLOBAL INVACOM GROUP LIMITED
(Incorporated in the Republic of Singapore)
(Company Registration No: 200202428H)
RESULTS OF ANNUAL GENERAL MEETING HELD ON 26 APRIL 2023
The Board of Directors (the "Board") of Global Invacom Group Limited (the
"Company") is pleased to announce that at the Annual General Meeting ("AGM")
of the Company held today, all resolutions set out in the notice of AGM dated
11 April 2023 were duly passed by way of a poll.
a) The results of the poll on each of the resolution cast at the AGM are
set out below for information:
Resolution number and details Total number of shares represented by votes for and against the relevant For Against
resolution
Number of shares As a percentage of total number of votes for and against the resolution (%) Number of shares As a percentage of total number of votes for and against the resolution (%)
Ordinary Resolution 1 101,702,539
Directors' Statement and Audited Financial Statements for the financial year 101,702,539 100 0 0
ended 31 December 2022
Ordinary Resolution 2
Re-election of Mr John Lim Yew Kong as a Director 101,687,539 101,687,539 100 0 0
Ordinary Resolution 3 100 0 0
Approval of payment of Directors' fees for the financial year ending 31 101,701,039 101,701,039
December 2023 amounting to S$294,525, payable quarterly in arears
Ordinary Resolution 4 100 0 0
Re-appointment of Moore Stephens LLP as Auditors 101,792,839 101,792,839
Ordinary Resolution 5 101,797,589 98,981,089 97.23 2,816,500 2.77
Authority to allot and issue Shares
b) The details of parties who are required to abstain from voting on the
resolution(s), including the number of shares held and the individual
resolution on which they are required to abstain from voting are set out
below:
Name of Shareholder Number of shares Resolution(s) Abstained
John Lim Yew Kong 15,000 Ordinary Resolution 2
c) Agile 8 Advisory Pte. Ltd. was appointed as scrutineer for the
polls conducted at the AGM.
d) Rule 704(8) of the Listing Manual of the Singapore Exchange
Securities Trading Limited ("SGX-ST")
Mr John Lim Yew Kong, upon re-election as a Director of the Company, remains
as the Lead Independent Director, Chairman of the Audit and Risk Committee,
and a member of the Nominating Committee and Remuneration Committee. He is
considered independent for the purposes of Rule 704(8) of the SGX-ST.
BY ORDER OF THE BOARD
Gordon Blaikie
Executive Director
26 April 2023
For further information, please contact:
Global Invacom Group Limited www.globalinvacom.com (http://www.globalinvacom.com/)
Gordon Blaikie, Interim Chief Executive Officer via Vigo Consulting
Strand Hanson Limited (Nominated Adviser and Broker) www.strandhanson.co.uk (http://www.strandhanson.co.uk/)
James Harris / Richard Johnson / David Asquith Tel: +44 20 7409 3494
Vigo Consulting (UK Media & Investor Relations) www.vigoconsulting.com (http://www.vigoconsulting.com/)
Jeremy Garcia / Fiona Hetherington / Kendall Hill Tel: +44 20 7390 0238
ginv@vigoconsulting.com (mailto:ginv@vigoconsulting.com)
About Global Invacom Group Limited
Global Invacom Group comprises a number of companies specialising in
innovative technology, products and solutions for the satellite ground
equipment sector. Uniquely, the Group provides fully integrated manufacturing
for most of its product lines providing additional quality and supply chain
assurance to a global blue-chip customer base in the satellite communications,
satellite TV and satellite navigation markets.
The Group has an established global presence with sales offices, research and
development centres and manufacturing facilities across the world, including
Singapore, China, Indonesia, the Philippines, Malaysia, Israel, the UK, and
the USA.
Global Invacom is listed on the Mainboard of the Singapore Exchange Securities
Trading Limited and its shares are admitted to trading on the AIM Market of
the London Stock Exchange.
For more information, please refer to www.globalinvacom.com
(http://www.globalinvacom.com)
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