Picture of Global Invacom logo

QS9 Global Invacom News Story

0.000.00%
sg flag iconLast trade - 00:00
TechnologyHighly SpeculativeMicro CapNeutral

REG - Global Invacom Group - Results of Annual General Meeting

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230426:nRSZ5445Xa&default-theme=true

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)

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  RAGSEESUMEDSEDL

Recent news on Global Invacom

See all news