[NPC] General on 28-Aug-2020
Stock
Announcement Date
19-Aug-2020
Type
General
Date & Time
28-Aug-2020 10:00
Depositor Date
21-Aug-2020
Venue
Conference Room, 6th Floor,
The Palace Hotel, No. 1, Jalan Tangki,
Karamunsing, 88100 Kota Kinabalu, Sabah
Description
NPC RESOURCES BERHAD Additional Resolution under Special Business at the Twentieth Annual General Meeting
NPC - Notice of Additional Resolution at 20th AGM.pdf
NPC - Notice of Additional Resolution at 20th AGM.pdf
Outcome
On behalf of the Board of Directors of NPC Resources Berhad ("the Company"), we wish to announce that all the resolutions set out in the Noticeof the Twentieth Annual General Meeting of the Company held on 28 August 2020 were duly passed by way of poll. The results of the poll were duly verified by Messrs Jayasuriya Kah & Co, the independent scrutineerappointed by the Company.
The details of the poll results for Resolution 8 are as follows:
|
Voted |
|||||||
|
Resolution |
Description |
Shareholders Action |
Voted |
No. of Shareholders |
No. of Shares |
% of Voted Shares |
Results |
|
Resolution 8 – Tier 1 |
Proposed retention ofLim Ted Hing as Independent Non-Executive Director |
For Voting |
For Against |
1 0 |
38,400,000 0 |
100 0.0000 |
Accepted |
|
Resolution 8 – Tier 2 |
Proposed retention ofLim Ted Hing as Independent Non-Executive Director |
For Voting |
For Against |
16 0 |
46,578,111 0 |
100 0.0000 |
Accepted |
The details of the poll results for Resolution 9 are as follows:
|
Voted |
|||||||
|
Resolution |
Description |
Shareholders Action |
Voted |
No. of Shareholders |
No. of Shares |
% of Voted Shares |
Results |
|
Resolution 9 – Tier 1 |
Proposed retention of Dato’ Seri Tengku Dr. Zainal Adlin Bin Tengku Mahamood as an Independent Non-Executive Director |
For Voting |
For Against |
1 0 |
38,400,000 0 |
100 0.0000 |
Accepted |
|
Resolution 9 – Tier 2 |
Proposed retention of Dato’ Seri Tengku Dr. Zainal Adlin Bin Tengku Mahamood as an Independent Non-Executive Director |
For Voting |
For Against |
16 0 |
46,578,111 0 |
100 0.0000 |
Accepted |
Voting Results |
||
1. Resolution 1 |
||
| Description |
To re-elect Datuk Loo Ngin Kong retiring as a director in accordance with Clause 100 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 17 | 0 |
| No. of Shares | 84,978,111 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
2. Resolution 2 |
||
| Description |
To re-elect Tan Sri Dato' Sri Koh Kin Lip, JP retiring as a director in accordance with Clause 100 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 14 | 0 |
| No. of Shares | 62,307,417 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
3. Resolution 3 |
||
| Description |
To re-elect Dato' Seri Tengku Dr. Zainal Adlin Bin Tengku Mahamood retiring as a director in accordance with Clause 100 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 17 | 0 |
| No. of Shares | 84,978,111 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
4. Resolution 4 |
||
| Description |
To re-elect Dato' Ooi Sek Min retiring as a director in accordance with Clause 97 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 17 | 0 |
| No. of Shares | 84,978,111 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
5. Resolution 5 |
||
| Description |
To approve the payment of Directors' fees of RM70,000 for the financial year ended 31 December 2019. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 7 | 0 |
| No. of Shares | 703 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
6. Resolution 6 |
||
| Description |
To approve the payment of allowances of up to but not exceeding RM500,000 to Non-Executive Directors with effect from 29 August 2020 until the next Annual General Meeting of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 13 | 0 |
| No. of Shares | 61,703,417 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
7. Resolution 7 |
||
| Description |
To re-appoint Messrs Ernst & Young PLT (formerly Ernst & Young) 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 | 17 | 0 |
| No. of Shares | 84,978,111 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
8. Resolution 8 |
||
| Description |
Proposed Retention of Mr Lim Ted Hing as an Independent Non-Executive Director. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 17 | 0 |
| No. of Shares | 84,978,111 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
9. Resolution 9 |
||
| Description |
Proposed Retention of Dato' Seri Tengku Dr. Zainal Adlin Bin Tengku Mahamood as an Independent Non-Executive Director. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 17 | 0 |
| No. of Shares | 84,978,111 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
10. Resolution 10 |
||
| Description |
Authority to issue shares pursuant to Section 76 of the Companies Act 2016. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 17 | 0 |
| No. of Shares | 84,978,111 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
11. Resolution 11 |
||
| Description |
Proposed Renewal Of The Existing Shareholders' Mandate and New Shareholders' Mandate For Recurrent Related Party Transactions Of A Revenue Or Trading Nature. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 8 | 0 |
| No. of Shares | 604,703 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
12. Resolution 12 |
||
| Description |
Proposed Renewal Of Authority For The Company To Purchase Its Own Shares Of Up To Ten Percent (10%) Of Its Total Number Of Issued Shares In The Ordinary Share Capital Of The Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 17 | 0 |
| No. of Shares | 84,978,111 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
13. Resolution 13 |
||
| Description |
To re-elect Datuk Lee Swi Heng retiring as a director in accordance with Clause 97 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 17 | 0 |
| No. of Shares | 84,978,111 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
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