[NTPM] General on 24-Sep-2021

Stock
[NTPM]: NTPM HOLDINGS BHD
Announcement Date
25-Aug-2021
Type
General
Date & Time
24-Sep-2021 09:30
Depositor Date
17-Sep-2021
Venue
Online Meeting Platform/ Venue: Securities Services e-Portal https://sshsb.net.my/login.aspx (Domain Registration No. with MyNIC Berhad: D4A004360) at Level 7, Menara Milenium, Jalan Damanlela, Pusat Bandar Damansara, Damansara Heights, 50490 Kuala Lumpur, W.P.
Description
NTPM Holdings Berhad - Twenty-fifth ("25th") Annual General Meeting ("AGM") to be held on a fully virtual basis via the Online Meeting Platform hosted on Securities Services e-Portal at https://sshsb.net.my/
NTHB_Notice of 25th Annual General Meeting.pdf
Outcome

The Board of Directors of NTPM Holdings Berhad ("Company") is pleased to announce that all resolutions as set out in the Notice of the Twenty-Fifth ("25th") Annual General Meeting ("AGM") of the Company dated 26 August 2021 were duly passed at the Company's 25th AGM held on 24 September 2021.

All resolutions were voted by poll and results of the poll were validated by Commercial Quest Sdn. Bhd., the scrutineer appointed by the Company.

The details of the poll results for Ordinary Resolutions7 and8 which were voted through a two-tier voting process are as follows: -

Resolutions

Total Votes For

Total Votes Against

Results

No. of Shares

%

No. of Shares

%

Ordinary Resolution 7

Mandate to retain Mr. Chang Kong Foo who has serve as an Independent Non-Executive Director of the Company for a cumulative term of more than twelve (12 years), to continue to act as Independent Non-Executive Director of the Company

Tier-1

326,220,949

100.00

0

0.00

Accepted

Tier-2

300,562,764

96.056

12,341,000

3.944

Ordinary Resolution 8

Mandate to retain Mr. Lim Han Nge who has serve as an Independent Non-Executive Director of the Company for a cumulative term of more than twelve (12 years), to continue to act as Independent Non-Executive Director of the Company

Tier-1

326,220,949

100.00

0

0.00

Accepted

Tier-2

300,562,764

96.056

12,341,000

3.944

This announcement is dated 24 September 2021.

Voting Results

1. Ordinary Resolution 1

Description 
To re-elect Mr. Lee Chong Choon who retires in accordance with Regulation 136 of the Company's Constitution and being eligible, offers himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 94 4
No. of Shares 639,078,313 41,400
% of Voted Shares 99.9935 0.0065
Result Accepted

2. Ordinary Resolution 2

Description 
To re-elect Mr. Chang Kong Foo who retires in accordance with Regulation 136 of the Company's Constitution and being eligible, offers himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 91 6
No. of Shares 626,775,713 12,337,000
% of Voted Shares 98.0697 1.9303
Result Accepted

3. Ordinary Resolution 3

Description 
To approve the payment of Directors' fees amounting to RM380,000 for the financial year ended 30 April 2021.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 78 20
No. of Shares 638,990,712 129,001
% of Voted Shares 99.9798 0.0202
Result Accepted

4. Ordinary Resolution 4

Description 
To approve the payment of benefits payable to the Directors of the Company (excluding Directors' fees) up to an amount of RM35,000 for the period from the conclusion of this 25th AGM until the next AGM of the Company to be held in year 2022.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 75 23
No. of Shares 638,974,512 145,201
% of Voted Shares 99.9773 0.0227
Result Accepted

5. Ordinary Resolution 5

Description 
To re-appoint Messrs. Ernst & Young PLT as Auditors of the Company until the conclusion of the next AGM and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 98 1
No. of Shares 639,065,513 59,200
% of Voted Shares 99.9907 0.0093
Result Accepted

6. Ordinary Resolution 6

Description 
Proposed Renewal of Share Buy-Back Authority.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 98 1
No. of Shares 626,879,213 12,245,500
% of Voted Shares 98.0840 1.9160
Result Accepted

7. Ordinary Resolution 7

Description 
Mandate to retain Mr. Chang Kong Foo who has served as an Independent Non-Executive Director of the Company for a cumulative term of more than twelve (12) years, to continue to act as an Independent Non-Executive Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 92 7
No. of Shares 626,783,713 12,341,000
% of Voted Shares 98.0691 1.9309
Result Accepted

8. Ordinary Resolution 8

Description 
Mandate to retain Mr. Lim Han Nge who has served as an Independent Non-Executive Director of the Company for a cumulative term of more than twelve (12) years, to continue to act as an Independent Non-Executive Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 92 7
No. of Shares 626,783,713 12,341,000
% of Voted Shares 98.0691 1.9309
Result Accepted

9. Special Resolution (Resolution 9)

Description 
Proposed Amendments to the Constitution of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 91 7
No. of Shares 639,082,913 34,800
% of Voted Shares 99.9946 0.0054
Result Accepted

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