[BPLANT] General on 24-Jun-2020

Stock
[BPLANT]: BOUSTEAD PLANTATIONS BHD
Announcement Date
21-May-2020
Type
General
Date & Time
24-Jun-2020 09:00
Depositor Date
15-Jun-2020
Venue
Mutiara 5, Ground Floor, Royale Chulan Damansara 2 Jalan PJU 7/3, Mutiara Damansara 47810 Petaling Jaya Selangor
Description
Notice of One Hundred and Seventh Annual General Meeting
AGM NOTICE - BPB.pdf
Outcome

The Board of Directors of Boustead Plantations Berhad ("Company") wishes to announce that all the Ordinary Resolutions as set out in the Notice of the 107th Annual General Meeting ("AGM") of the Company dated 22 May 2020 were duly passed by the shareholders at the AGM of the Company, except for Resolutions 2, 5 and 6 which were withdrawn.

In this respect, Datuk Syed Tamim Ansari Syed Mohamed, Dato' Chan Kong Yew and Dato' Sri Ghazali Mohd Ali had withdrawn their offer for re-election at the AGM of the Company. At the close of the AGM of the Company, Datuk Syed Tamim Ansari Syed Mohamed, Dato' Chan Kong Yew and Dato' Sri Ghazali Mohd Ali retired from office as Directors of the Company.

All the Resolutions were voted by poll and the results of the poll were validated by Asia Securities Sdn Bhd, the independent scrutineer appointed by the Company.

Please refer to the attachment for the poll results.

This announcement is dated 24 June 2020.

Voting Results

1. Ordinary Resolution 1

Description 
To re-elect Maj. Gen. Dato Seri Hj. Khairuddin Abu Bakar (R) J.P. who retires by rotation in accordance with Article 117 of the Companys Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 174 41
No. of Shares 1,569,306,316 331,215
% of Voted Shares 99.9790 0.0210
Result Accepted

2. Ordinary Resolution 2

Description 
To re-elect Datuk Syed Tamim Ansari Syed Mohamed, who retires in accordance with Article 123 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 0 0
No. of Shares 0 0
% of Voted Shares 0.0000 0.0000
Result Withdrawn/ Postponed

3. Ordinary Resolution 3

Description 
To re-elect Tan Sri Dato' Wira Aziah Ali, who retires in accordance with Article 123 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 175 40
No. of Shares 1,569,315,136 322,395
% of Voted Shares 99.9790 0.0210
Result Accepted

4. Ordinary Resolution 4

Description 
To re-elect Dato' Ahmad Rizal Abdul Rahman, who retires in accordance with Article 123 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 176 39
No. of Shares 1,569,317,936 319,595
% of Voted Shares 99.9800 0.0200
Result Accepted

5. Ordinary Resolution 5

Description 
To re-elect Dato' Chan Kong Yew, who retires in accordance with Article 123 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 0 0
No. of Shares 0 0
% of Voted Shares 0.0000 0.0000
Result Withdrawn/ Postponed

6. Ordinary Resolution 6

Description 
To re-elect Dato' Sri Ghazali Mohd Ali, who retires in accordance with  Article 123 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 0 0
No. of Shares 0 0
% of Voted Shares 0.0000 0.0000
Result Withdrawn/ Postponed

7. Ordinary Resolution 7

Description 
To approve payment of Directors' fees and meeting allowances for Boustead Plantations Berhad from 25 June 2020 until the conclusion of the next AGM of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 156 55
No. of Shares 1,567,231,881 393,530
% of Voted Shares 99.9750 0.0250
Result Accepted

8. Ordinary Resolution 8

Description 
To re-appoint Messrs. Ernst & Young PLT as auditors of the Company and to hold office until conclusion of the next AGM, at a remuneration to be determined by the Directors.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 184 32
No. of Shares 1,569,612,362 237,909
% of Voted Shares 99.9850 0.0150
Result Accepted

9. Ordinary Resolution 9

Description 
Authority to allot and issue shares in general pursuant to Sections 75 and 76 of the Companies Act 2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 167 46
No. of Shares 1,569,247,736 364,595
% of Voted Shares 99.9770 0.0230
Result Accepted

10. Ordinary Resolution 10

Description 
Proposed Renewal of Shareholders' Mandate for Recurrent Related Party Transactions.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 174 37
No. of Shares 10,558,836 245,855
% of Voted Shares 97.7250 2.2750
Result Accepted

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