[IVORY] General on 29-Sep-2021

Stock
[IVORY]: IVORY PROPERTIES GROUP BERHAD
Announcement Date
27-Aug-2021
Type
General
Date & Time
29-Sep-2021 10:30
Depositor Date
22-Sep-2021
Venue
Securities Services e-Portal https://sshsb.net.my/ (Domain Registration No. with MyNIC Berhad:D4A00436) at Level 7, Menara Milenium, Jalan Damanlela, Pusat Bandar Damansara, Damansara Heights, 50490 Kuala Lumpur, Wilayah Persekutuan
Description
Ivory Properties Group Berhad - Sixteenth Annual General Meeting ("16th AGM") The 16th AGM will be conducted on fully virtual basis vide the Online Meeting Platform hosted on Securities Services e-Portal at https://sshsb.net.my/.
Ivory-Notice of AGM.pdf
Outcome

The Board of Directors of Ivory Properties Group Berhad ("IPGB" or "the Company") is pleased to announce that all the resolutions as set out in the Notice of the 16th Annual General Meeting ("16th AGM") dated 30August2021were duly passed at the 16th AGM of the Company held on 29 September 2021.

All resolutions were voted by poll and the results of the poll were verified by Commercial Quest Sdn. Bhd., the independent Scrutineer appointed by the Company. The details of poll results are set out in the table below.


The announcement is dated 29September 2021.

Voting Results

1. Ordinary Resolution 1

Description 
To approve the payment of Directors' fees of RM180,000 for the financial year ended 31 March 2021.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 58 3
No. of Shares 270,803,659 31,502
% of Voted Shares 99.9884 0.0116
Result Accepted

2. Ordinary Resolution 2

Description 
To approve the payment of Directors' fees of RM220,000 per annum for Non-Executive Director to be paid on monthly basis for the period from 1 April 2021 until the next AGM of the Company to be held in year 2022.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 57 4
No. of Shares 270,803,609 31,552
% of Voted Shares 99.9884 0.0116
Result Accepted

3. Ordinary Resolution 3

Description 
To approve the payment of benefits (excluding Directors' fees) payable to the Directors up to an amount of RM200,000 from 30 September 2021 until the next AGM of the Company to be held in year 2022.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 56 5
No. of Shares 270,796,484 38,677
% of Voted Shares 99.9857 0.0143
Result Accepted

4. Ordinary Resolution 4

Description 
To re-elect Tan Soo Mooi as a Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 60 1
No. of Shares 270,833,661 1,500
% of Voted Shares 99.9994 0.0006
Result Accepted

5. Ordinary Resolution 5

Description 
To re-elect Ooi Choi Kiat as a Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 58 1
No. of Shares 249,434,564 1,500
% of Voted Shares 99.9994 0.0006
Result Accepted

6. Ordinary Resolution 6

Description 
To re-elect Dato' Haji Abdul Malik bin Abul Kassim as a Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 60 1
No. of Shares 270,833,661 1,500
% of Voted Shares 99.9994 0.0006
Result Accepted

7. Ordinary Resolution 7

Description 
To re-elect Dato' Abu Bakar bin Hassan as a Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 60 1
No. of Shares 270,833,661 1,500
% of Voted Shares 99.9994 0.0006
Result Accepted

8. Ordinary Resolution 8

Description 
To re-appoint Messrs KPMG PLT as Auditors of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 61 0
No. of Shares 270,835,161 0
% of Voted Shares 100.0000 0.0000
Result Accepted

9. Ordinary Resolution 9

Description 
To empower the Directors to issue and allot shares.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 59 2
No. of Shares 270,833,659 1,502
% of Voted Shares 99.9994 0.0006
Result Accepted

10. Ordinary Resolution 10

Description 
To approve the Proposed Renewal of Shareholders' Mandate for recurrent related party transactions of a revenue or trading nature.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 40 2
No. of Shares 1,320,658 1,502
% of Voted Shares 99.8864 0.1136
Result Accepted

11. Special Resolution (Resolution 11)

Description 
To approve the Proposed Amendments to the Constitution of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 59 2
No. of Shares 270,833,659 1,502
% of Voted Shares 99.9994 0.0006
Result Accepted

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