AGM Outcomes

Do not worry if you missed the AGM, you can now visit https://novacast.nova.hk/events/msf_2070825_archive/menu to re-watch our video archive.

 

Voting Results:

81 voters out of 126 eligible voters

To Approve the Audited Financial Statements and the Reports of the Directors and Auditors for the year ended 31 December 2016

For                   75 (92.6%)
Against             0 (0%)
Abstain             6 (7.4%)

PASSED

 

To Re-appoint KPMG as the Auditors of the Company and to authorise the board of director of the Company to fix the auditor's remuneration

For                   70 (86.4%)
Against              8 (9.9%)
Abstain              3 (3.7%)

PASSED

 

THREE elected members are as follows, 

TAN, Day Seng                       64 (79%)         - re-elected for a 3 year term
LEE Yi Chen                           53 (65.4%)      - elected for a 3 year term
Morpheus CAUSING              46 (56.8%)      - elected for a 3 year term

 

 

Special Resolutions: No Voting Rights for MSF HK Employees on Board Election, Approval of Financial Statements and Appointment of Auditors

For                   36 (44.4%)
Against            37 (45.6%)
Abstain              8 (10%)

DID NOT PASS – Special Resolutions require 75% majority to pass.

 

 

Special Resolutions: A Weighted Voting System is applied to Ensure MSF HK Employees' Influence is no more than one-third of the Total Votes

For                   48 (59.3%)
Against             20 (24.7%)
Abstain             13 (16%)

DID NOT PASS – Special Resolutions require 75% majority to pass.

By: Wai Wai Lui