[BPPLAS] General on 27-May-2021

Stock
[BPPLAS]: BP PLASTICS HOLDING BHD
Announcement Date
17-May-2021
Type
General
Date & Time
27-May-2021 14:30
Depositor Date
19-May-2021
Venue
Meeting Room, Securities Services (Holdings) Sdn. Bhd. Level 7, Menara Milenium, Jalan Damanlela, Pusat Bandar Damansara, Damansara Heights, 50490 Kuala Lumpur, Wilayah Persekutuan
Description
Due to the Covid-19 outbreak and part of the safety measures, the Company has decided that the Seventeenth Annual General Meeting be conducted on a fully virtual basis via remote participation through live stream and online voting.
Notification to shareholders and Admin Guide.pdf
Outcome

The Board of Directors of BP Plastics Holding Bhdis pleased to announce that all resolutions as set out in the Notice of the Seventeenth Annual General Meeting ("17th AGM") of the Company dated 27May 2021were duly passed by the shareholders of the Company at the 17th AGM held today.

The voting in respect of theresolutions were carried out by way of poll and the results of the poll were validated by Commercial Quest Sdn. Bhd., the independent scrutineersappointed by the Company.

Details of the results of the polling in respect of all the resolutions at the 17th AGM are set out below.

This announcement is dated 27May 2021.

Voting Results

1. Ordinary Resolution 1

Description 
To re-elect Mr. Lim Kim Hock who is retiring pursuant to Clause 122 of the Company's Constitution and being eligible, has offered himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 73 3
No. of Shares 137,769,761 5,800
% of Voted Shares 99.9958 0.0042
Result Accepted

2. Ordinary Resolution 2

Description 
To re-elect Mr. Tan See Khim who is retiring pursuant to Clause 122 of the Company's Constitution and being eligible, has offered himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 73 3
No. of Shares 137,769,761 5,800
% of Voted Shares 99.9958 0.0042
Result Accepted

3. Ordinary Resolution 3

Description 
To re-elect Ms. Chuah Sue Yin who is retiring pursuant to Clause 122 of the Company's Constitution and being eligible, has offered herself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 72 4
No. of Shares 137,768,061 7,500
% of Voted Shares 99.9946 0.0054
Result Accepted

4. Ordinary Resolution 4

Description 
To approve the payment of Directors' fees of RM252,000 for the financial year ending 31 December 2021.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 68 5
No. of Shares 137,735,659 6,802
% of Voted Shares 99.9951 0.0049
Result Accepted

5. Ordinary Resolution 5

Description 
To approve the payment of Directors' benefits up to an amount of RM30,000 in aggregate to the Non-Executive Directors from 28 May 2021 until the next Annual General Meeting of the Company in 2022.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 67 6
No. of Shares 137,734,159 8,302
% of Voted Shares 99.9940 0.0060
Result Accepted

6. Ordinary Resolution 6

Description 
To re-appoint Messrs. Crowe Malaysia PLT as Auditors of the Company for the ensuing year and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 73 4
No. of Shares 137,769,761 6,800
% of Voted Shares 99.9951 0.0049
Result Accepted

7. Ordinary Resolution 7

Description 
To approve the authority to issue and allot shares pursuant to the Companies Act 2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 63 11
No. of Shares 137,619,961 137,500
% of Voted Shares 99.9002 0.0998
Result Accepted

8. Ordinary Resolution 8 (Tier 1)

Description 
To approve the retention of Mr. Lim Kim Hock as Independent Non-Executive Director.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1 0
No. of Shares 81,000,000 0
% of Voted Shares 100.0000 0.0000
Result Accepted

9. Ordinary Resolution 8 (Tier 2)

Description 
To approve the retention of Mr. Lim Kim Hock as Independent Non-Executive Director.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 72 4
No. of Shares 56,720,761 55,800
% of Voted Shares 99.9017 0.0983
Result Accepted

Remark
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