[CYPARK] General on 08-Apr-2021

Stock
[CYPARK]: CYPARK RESOURCES BERHAD
Announcement Date
25-Feb-2021
Type
General
Date & Time
08-Apr-2021 10:00
Depositor Date
31-Mar-2021
Venue
Securities Services (Holdings) Sdn. Bhd., Level 7, Menara Milenium, Jalan Damanlela, Pusat Bandar Damansara, Damansara Heights, 50490 Kuala Lumpur, Wilayah Persekutuan,
Description
Sixteenth Annual General Meeting The Sixteenth Annual General Meeting of the Company will be held on a fully virtual basis via remote participation through live stream and online voting.
CRB- Notice of Sixteenth Annual General Meeting.pdf
Outcome
The Board of Directors of Cypark Resources Berhad ("the Company") wishes to announce that all resolutions as set out in the Notice of the Sixteenth Annual General Meeting ("16th AGM") of the Company dated 26 February 2021 were passed by the shareholders of the Company at the 16th AGM held today. All the resolutions tabled were voted by poll and the results of the poll were validated by Commercial Quest Sdn. Bhd., the independent scrutineer appointed by the Company.

This announcement is dated 8 April 2021.

Voting Results

1. Resolution 1

Description 
To approve the payment of Directors fees for the financial year ending 31 October 2021 and thereafter.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 146 20
No. of Shares 198,170,935 435,454
% of Voted Shares 99.7807 0.2193
Result Accepted

2. Resolution 2

Description 
To re-elect Tan Sri Razali Bin Ismail, who is due to retire in accordance with Clause 119 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 158 13
No. of Shares 200,464,459 200,380
% of Voted Shares 99.9001 0.0999
Result Accepted

3. Resolution 3

Description 
To re-elect Encik Megat Abdul Munir Bin Megat Abdullah Rafaie, who is due to retire in accordance with Clause 119 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 154 16
No. of Shares 200,426,887 235,452
% of Voted Shares 99.8827 0.1173
Result Accepted

4. Resolution 4

Description 
To retain Dato' Dr. Freezailah Bin Che Yeom as an Independent Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 141 30
No. of Shares 110,183,420 90,481,419
% of Voted Shares 54.9092 45.0908
Result Accepted

5. Resolution 5

Description 
To retain Encik Headir Bin Mahfidz as an Independent Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 143 28
No. of Shares 142,722,269 57,942,570
% of Voted Shares 71.1247 28.8753
Result Accepted

6. Resolution 6

Description 
Proposed Renewal of Existing Shareholder Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 149 12
No. of Shares 105,046,083 70,051
% of Voted Shares 99.9334 0.0666
Result Accepted

7. Resolution 7

Description 
Proposed Renewal of Authority for Share Buy-Back.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 153 18
No. of Shares 168,043,027 32,621,812
% of Voted Shares 83.7431 16.2569
Result Accepted

8. Resolution 8

Description 
Authority to Issue Shares pursuant to the Companies Act 2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 149 22
No. of Shares 159,371,968 41,292,871
% of Voted Shares 79.4220 20.5780
Result Accepted

9. Resolution 9

Description 
Proposed Establishment of a New Employees' Share Option Scheme ("ESOS") of up to Fifteen Percent (15%) of the Total Number of Issued Shares of the Company (excluding Treasury Shares) at any point in time over the duration of the ESOS for the Eligible Employees and Directors of the Company and its Subsidiaries.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 127 43
No. of Shares 146,373,985 54,290,704
% of Voted Shares 72.9446 27.0554
Result Accepted

10. Resolution 10

Description 
Proposed Grant of ESOS to Tan Sri Razali Bin Ismail.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 125 43
No. of Shares 126,325,965 37,797,054
% of Voted Shares 76.9703 23.0297
Result Accepted

11. Resolution 11

Description 
Proposed Grant of ESOS to Dato' Daud Bin Ahmad.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 122 44
No. of Shares 103,862,992 37,795,963
% of Voted Shares 73.3190 26.6810
Result Accepted

12. Resolution 12

Description 
Proposed Grant of ESOS to Dato' Dr. Freezailah Bin Che Yeom.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 114 55
No. of Shares 104,184,067 95,663,872
% of Voted Shares 52.1317 47.8683
Result Accepted

13. Resolution 13

Description 
Proposed Grant of ESOS to Datuk Abdul Malek Bin Abdul Aziz.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 115 55
No. of Shares 104,999,967 95,663,872
% of Voted Shares 52.3263 47.6737
Result Accepted

14. Resolution 14

Description 
Proposed Grant of ESOS to Encik Headir Bin Mahfidz.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 115 53
No. of Shares 104,313,617 95,663,472
% of Voted Shares 52.1628 47.8372
Result Accepted

15. Resolution 15

Description 
Proposed Grant of ESOS to Encik Megat Abdul Munir Bin Megat Abdullah Rafaie.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 115 54
No. of Shares 104,445,176 95,663,863
% of Voted Shares 52.1941 47.8059
Result Accepted

16. Resolution 16

Description 
Proposed Renewal of the Authority to Allot and Issue New Ordinary Shares in Cypark Resources Berhad ("CRB" or "the Company") ("CRB Shares"), for the purpose of the Dividend Reinvestment Scheme of the Company which will provide the shareholders of CRB with the option to elect to reinvest their cash dividend in CRB shares.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 156 15
No. of Shares 200,636,618 28,221
% of Voted Shares 99.9859 0.0141
Result Accepted

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