[PPB] General on 11-May-2021

Stock
[PPB]: PPB GROUP BHD
Announcement Date
12-Apr-2021
Type
General
Date & Time
11-May-2021 10:00
Depositor Date
03-May-2021
Venue
Broadcast Venue Selangor 1 Room, B2 Level Shangri-La Hotel Kuala Lumpur 11 Jalan Sultan Ismail, 50250 Kuala Lumpur
Description
Notice of the 52nd Annual General Meeting dated 13 April 2021 The 52nd Annual General Meeting of the Company will be conducted entirely via live streaming and online remote voting via remote participation and electronic voting facilities.
Notice of 52nd AGM Admin Guide for shareholders Proxy form Request form.pdf
Outcome

PPB Group Berhad wishes to announce that all the resolutions set out in the notice of the 52nd Annual General Meeting ("AGM") of the Company dated 13 April 2021 were duly passed at the 52nd AGM of the Company.

All the resolutions were voted by poll and the results of the poll were validated by Asia Securities Sdn Bhd, the independent scrutineer appointed by the Company.

Please refer to the attachment for the poll results.

This announcement is dated 11 May 2021.

Voting Results

1. Ordinary Resolution 1

Description 
To approve the payment of a final dividend of 22 sen per share and a special dividend of 16 per share in respect of the financial year ended 31 December 2020.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 998 35
No. of Shares 1,132,423,809 234,663
% of Voted Shares 99.9793 0.0207
Result Accepted

2. Ordinary Resolution 2

Description 
To approve an increase in Directors' fees amounting to RM1,016,000/- for the financial year ended 31 December 2020.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 863 164
No. of Shares 1,131,157,818 127,535
% of Voted Shares 99.9887 0.0113
Result Accepted

3. Ordinary Resolution 3

Description 
To approve the payment of Directors' benefits amounting to RM280,000/-  for the period from 1 July 2021 to 30 June 2022.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 882 142
No. of Shares 1,131,200,706 83,191
% of Voted Shares 99.9926 0.0074
Result Accepted

4. Ordinary Resolution 4

Description 
To re-elect Datuk Ong Hung Hock as a Director.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 881 157
No. of Shares 1,113,533,366 19,125,894
% of Voted Shares 98.3114 1.6886
Result Accepted

5. Ordinary Resolution 5

Description 
To re-elect Mr Soh Chin Teck as a Director.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 912 127
No. of Shares 1,120,424,112 12,235,248
% of Voted Shares 98.9198 1.0802
Result Accepted

6. Ordinary Resolution 6

Description 
To re-appoint Ernst & Young PLT as auditors of the Company and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 965 70
No. of Shares 1,131,521,497 1,137,983
% of Voted Shares 99.8995 0.1005
Result Accepted

7. Ordinary Resolution 7

Description 
To approve the continuation of Dato' Captain Ahmad Sufian @ Qurnain bin Abdul Rashid's tenure as an independent director.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 908 124
No. of Shares 1,100,848,237 31,795,123
% of Voted Shares 97.1928 2.8072
Result Accepted

8. Ordinary Resolution 8

Description 
To approve the continuation of Mr Soh Chin Teck's tenure as an independent director.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 943 82
No. of Shares 1,132,148,551 487,291
% of Voted Shares 99.9570 0.0430
Result Accepted

9. Ordinary Resolution 9

Description 
To authorise the Directors to allot and issue shares.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 923 107
No. of Shares 947,779,285 184,880,193
% of Voted Shares 83.6773 16.3227
Result Accepted

10. Ordinary Resolution 10

Description 
Proposed shareholders' mandate for recurrent related party transactions of a revenue or trading nature with persons connected with PGEO Group Sdn Bhd.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 956 72
No. of Shares 1,132,624,394 25,966
% of Voted Shares 99.9977 0.0023
Result Accepted

11. Ordinary Resolution 11

Description 
Proposed renewal of authority for PPB Group Berhad to purchase its own ordinary shares up to 10% of the issued shares.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 970 59
No. of Shares 1,132,306,360 290,080
% of Voted Shares 99.9744 0.0256
Result Accepted

Remark
-
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment