MobilityOne Limited Result of AGM (9209C)

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RNS Number : 9209C

MobilityOne Limited

22 October 2020

22 October 2020

MobilityOne Limited

("MobilityOne", the "Company" or the "Group")

Result of Annual General Meeting

The Board of MobilityOne (AIM: MBO), the e-commerce infrastructure payment solutions and platform provider, is pleased to announce that, at its annual general meeting held earlier today, the following resolutions were duly passed with the table below summarising the votes:

 
  RESOLUTIONS                      NO OF   % OF VOTES      NO OF   % OF VOTES   TOTAL VOTES       NO OF 
                                   VOTES         CAST      VOTES         CAST          CAST       VOTES 
                                     FOR                 AGAINST                               WITHHELD 
 1) THAT the Company's 
  accounts and reports 
  of the Directors 
  and Auditors for 
  the year ended 31 
  December 2019 be 
  adopted                     56,185,724       100.00          0         0.00    56,185,724           - 
                             -----------  -----------  ---------  -----------  ------------  ---------- 
 2) THAT Abu Bakar 
  bin Mohd Taib is 
  re-elected as a Director    56,185,724       100.00          0         0.00    56,185,724           - 
                             -----------  -----------  ---------  -----------  ------------  ---------- 
 3) THAT Jeffreys 
  Henry LLP of Finsgate, 
  5-7 Cranwood Street, 
  EC1V 9EE London, 
  United Kingdom be 
  reappointed as Auditors 
  of the Company (in 
  accordance with Article 
  33 of the Articles 
  of Association of 
  the Company) to hold 
  office until the 
  conclusion of the 
  next general meeting.       56,185,724       100.00          0         0.00    56,185,724           - 
                             -----------  -----------  ---------  -----------  ------------  ---------- 
 4) THAT the Directors 
  be authorised to 
  fix the remuneration 
  of the Auditors.            56,185,724        100.0          0         0.00    56,185,724           - 
                             -----------  -----------  ---------  -----------  ------------  ---------- 
 5) THAT pursuant 
  to Articles 2.3 and 
  2.4(c) of the Company's 
  Articles of Association, 
  the Board of Directors 
  has general authority 
  to issue up to and 
  including 31,889,634 
  ordinary shares of 
  2.5p each in the 
  share capital of 
  the Company at their 
  sole discretion without 
  reference to pre-emption 
  rights, for cash 
  by way of general 
  mandate.                    56,185,724        100.0          0         0.00    56,185,724           - 
                             -----------  -----------  ---------  -----------  ------------  ---------- 
 

Votes which have been cast at the discretion of the Chairman have been counted as votes for the resolutions. Votes Withheld are not votes in law and do not count in the number of votes counted for or against a resolution.

MobilityOne Limited [phone]

Dato' Hussian A. Rahman, CEO www.mobilityone.com.my

[e-mail]

Allenby Capital Limited

(Nominated Adviser and Broker) [phone]

Nick Athanas /James Hornigold

About the Group:

MobilityOne provides e-commerce infrastructure payment solutions and platforms through its proprietary technology solutions. The Group has developed an end-to-end e-commerce solution which connects various service providers across several industries such as banking, telecommunication and transportation through multiple distribution devices including EDC terminals, mobile devices, automated teller machines ("ATM") and internet banking. The Group's technology platform is flexible, scalable and designed to facilitate cash, debit card and credit card transactions from multiple devices while controlling and monitoring the distribution of different products and services.

For more information, refer to our website at www.mobilityone.com.my

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October 22, 2020 04:49 ET (08:49 GMT)