[IOIPG] General on 28-Oct-2020

Stock
[IOIPG]: IOI PROPERTIES GROUP BERHAD
Announcement Date
29-Sep-2020
Type
General
Date & Time
28-Oct-2020 10:00
Depositor Date
21-Oct-2020
Venue
Broadcast Venue: Millennium Ballroom 1 (Level 1), Le M ridien Putrajaya Lebuh IRC, IOI Resort City 62502 Putrajaya
Description
IOI Properties Group Berhad ("IOIPG" or the "Company") - Notice of Eighth Annual General Meeting ("8th AGM") The 8th AGM of IOIPG will be conducted virtually through live streaming from the Broadcast Venue.
IOIPG-Notice of AGM - 30.09.2020 (adv).pdf
Outcome

The Board of Directors of IOI Properties Group Berhad (the "Company" ) is pleased to announce that all the Ordinary Resolutions as set out in the Notice of the Eighth Annual General Meeting ("8th AGM") of the Company dated 28 October 2020 were duly passed and approved by the shareholders of the Company at the 8th AGM held virtually today.

All Ordinary Resolutions were voted by poll via the Remote Participation and Electronic Voting facilities (Boardroom Smart Investor Portal at https://web.lumiagm.com) in accordance with Paragraph 8.29A of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad. The detailed poll results which were verified by Boardroom Corporate Services Sdn Bhd, the Independent Scrutineer appointed by the Company are set out below and in the attachment.

This announcement is dated 28 October 2020.

Voting Results

1. Ordinary Resolution 1

Description 
To re-elect Dato Lee Yeow Chor, who is retiring by rotation pursuant to Article 91 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 473 39
No. of Shares 4,968,160,857 18,971,086
% of Voted Shares 99.6196 0.3804
Result Accepted

2. Ordinary Resolution 2

Description 
To re-elect Lee Yoke Har, who is retiring by rotation pursuant to Article 91 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 492 22
No. of Shares 4,987,826,159 83,684
% of Voted Shares 99.9983 0.0017
Result Accepted

3. Ordinary Resolution 3

Description 
To approve the payment of Directors fees (inclusive of Board Committees fees) of RM1,190,000 for the financial year ending 30 June 2021 payable quarterly in arrears after each month of completed service of the Directors during the financial year.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 439 73
No. of Shares 4,987,719,269 142,374
% of Voted Shares 99.9971 0.0029
Result Accepted

4. Ordinary Resolution 4

Description 
To approve the payment of Directors benefits (other than Directors fees) of up to RM350,000 for the period from 28 October 2020 until the next Annual General Meeting.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 431 80
No. of Shares 4,987,703,165 156,178
% of Voted Shares 99.9969 0.0031
Result Accepted

5. Ordinary Resolution 5

Description 
To re-appoint PricewaterhouseCoopers PLT, the retiring Auditors for the financial year ending 30 June 2021 and to authorise the Audit Committee to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 491 23
No. of Shares 4,986,760,743 1,149,100
% of Voted Shares 99.9770 0.0230
Result Accepted

6. Ordinary Resolution 6

Description 
To approve the proposed renewal of existing share buy-back authority.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 491 22
No. of Shares 4,987,799,949 62,694
% of Voted Shares 99.9987 0.0013
Result Accepted

Remark
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Market Buzz

2024-04-25

Insider

EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) disposed 296,600 shares on 22-Apr-2024.

2024-04-25

Insider

EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 1,504,000 shares on 22-Apr-2024.

2024-04-24

Insider

MR LEE YEOW SENG (a substantial shareholder) disposed 17,500,000 shares on 23-Apr-2024.

2024-04-24

Insider

MR LEE YEOW SENG (a substantial shareholder) disposed 50,000 shares on 23-Apr-2024.

2024-04-24

Insider

MR LEE YEOW SENG (a substantial shareholder) disposed 1,900,000 shares on 22-Apr-2024.

2024-04-24

Insider

EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) disposed 335,300 shares on 19-Apr-2024.

2024-04-24

Insider

EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 2,000,000 shares on 19-Apr-2024.

2024-04-24

Insider

MR LEE YEOW SENG (a company director) disposed 17,500,000 shares at 2.100 on 23-Apr-2024.

2024-04-24

Insider

MR LEE YEOW SENG (a company director) disposed 50,000 shares at 2.150 on 23-Apr-2024.

2024-04-24

Insider

MR LEE YEOW SENG (a company director) disposed 1,900,000 shares at 2.140 on 22-Apr-2024.

2024-04-23

Insider

EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) disposed 450,000 shares on 18-Apr-2024.

2024-04-23

Insider

EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 2,000,000 shares on 18-Apr-2024.

2024-04-22

Insider

EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) disposed 500,000 shares on 17-Apr-2024.

2024-04-22

Insider

EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 949,400 shares on 17-Apr-2024.

2024-04-22

Insider

MR LEE YEOW SENG (a substantial shareholder) disposed 1,508,400 shares on 18-Apr-2024.

2024-04-22

Insider

MR LEE YEOW SENG (a company director) disposed 1,508,400 shares at 2.140 on 18-Apr-2024.

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