Betamek Concludes 2024 AGM with Approval of All Resolutions from Shareholders
August 30, 2024 | BetamekEstimated reading time: 1 minute
Betamek Berhad, an Original Design Manufacturer (ODM) and a leading player in electronics manufacturing services (EMS) for the automotive industry, is pleased to announce that all six (6) resolutions tabled at the Company’s Third Annual General Meeting (AGM) have been successfully passed by the shareholders.
During the AGM, Betamek’s shareholders received the Annual Report for the financial year ended 31 March 2024 ("FY2024"), marking another year of solid performance for the Company. The meeting also saw the approval of a final single-tier dividend of 1.0 sen per share, which underscores the Company’s commitment to delivering value to its shareholders. Other resolutions passed during the AGM included the approval of directors' fees and benefits, re-election of retiring Directors and the reappointment of auditors.
Encik Muhammad Fauzi Bin Abd Ghani, Executive Director of Betamek expressed his gratitude to the shareholders for their unwavering support, stating, "We are delighted with the outcomes of today’s AGM. The unanimous approval of all resolutions is a testament to the trust and confidence our shareholders have in Betamek’s leadership and strategic direction. As we move forward, we remain committed to delivering sustainable growth and creating long-term value for our stakeholders."
The AGM’s successful conclusion marks a positive step for Betamek as it continues to strengthen its position in the automotive electronics industry, guided by a clear strategy and strong governance.
Suggested Items
Mycronic Appoints Nomination Committee
09/13/2024 | MycronicThe Nomination Committee for Mycronic’s 2025 Annual General Meeting has been appointed in accordance with the instructions for the Nomination Committee as decided by the 2024 Annual General Meeting.
Regulatory Review of Renesas’ Acquisition of Altium Concludes
07/02/2024 | RenesasRenesas Electronics Corporation, a premier supplier of advanced semiconductor solutions, and Altium Limited, a global leader in electronics design systems received notification from the Committee on Foreign Investment in the United States (CFIUS) on July 1, 2024 (PDT) that the investigation of the companies’ proposed merger transaction by way of a scheme of arrangement is complete and that there are no unresolved national security concerns with respect to the transaction.
Foxconn Shareholders Approve Record Cash Dividend for 2023
05/31/2024 | FoxconnHon Hai Technology Group, at its annual shareholders’ meeting, approved its distributable earnings plan totaling NT$74.86 billion in cash. The cash dividend of NT$5.40 per share for 2023 sets a new high since Foxconn listed in 1991, with the cash dividend payout ratio exceeding 50% for the fifth consecutive year.
Amphenol Corporation Releases 2023 Sustainability Report
04/23/2024 | Amphenol CorporationAmphenol Corporation released its 2023 Sustainability Report.
Firan Technology Group Corporation Announces Results of AGM
04/15/2024 | Globe NewswireFiran Technology Group Corporation announced the results of its annual general meeting of shareholders (AGM), held in Toronto, Ontario on April 12, 2024.