The Board of Directors of Ipmuda Berhad (“Ipmuda” or “Company”) is pleased to announce that at the Forty-Fourth Annual General Meeting (“44th AGM”) of the Company held on 05 December 2019, the shareholders of the Company had approved all the Resolutions (except Resolutions 5 and 8) as set out in the Notice of the 44th AGM dated 31 October 2019 ("the Notice").
Resolutions 5and 8 in the Notice were withdrawn as Dato’ Ahmad Bakri bin Shabdinhad retired as an Independent Non-Executive Director with effect from 01 December 2019 pursuant to the Company’s announcement on 27 November 2019.
Allthe Resolutions (except Resolutions 5 and 8) were voted by poll and the results of the poll were validated by Messrs Boardroom Corporate Services Sdn. Bhd., the Independent Scrutineer appointed by the Company.
The detailed results of the poll are set out in the table of "Voting Results" below.
This announcement is dated 05 December 2019.
Resolution | Vote in favour | Vote Against | Results | ||
No. of Shares | % | No. of Shares | % | ||
Ordinary Resolution 1: To receive and adopt the Audited Financial Statements for the financial year ended 30 June 2019 and the Directors and Auditors Reports thereon. |
52,273,000 | 100.000000 | 0 | 0.000000 | Carried |
Ordinary Resolution 2: To approve the payment of Directors Fees of RM105,820.00 for the financial year ended 30 June 2019. |
52,273,000 | 99.996200 | 2,000 | 0.003800 | Carried |
Ordinary Resolution 3: To approve the payment of Directors benefits payable to the Non-Executive Directors up to an amount of RM90,000.00 from 06 December 2019 until the next Annual General Meeting of the Company in 2020. |
52,277,700 | 99.996200 | 2,000 | 0.003800 | Carried |
Ordinary Resolution 4: To re-elect Tan Sri Abu Sahid bin Mohamed as Director retiring under Article 101 of the Company s Articles of Association. |
52,275,000 | 99.991000 | 4,700 | 0.009000 | Carried |
Ordinary Resolution 6: To re-elect Mr Teh Foo Hock as Director retiring under Article 107 of the Company s Articles of Association. |
52,275,000 | 99.991000 | 4,700 | 0.009000 | Carried |
Ordinary Resolution 7: To re-appoint Messrs Grant Thornton Malaysia as Auditors of the Company for the ensuing year and to authorise the Directors to fix their remuneration. |
52,273,000 | 99.991000 | 4,700 | 0.009000 | Carried |
Ordinary Resolution 9: (Tier 1 - Large Shareholders) Retention of Dato Maarof bin H.A. Rahman as Independent Non-Executive Director. |
23,139,500 | 100.000000 | 0 | 0.000000 | Carried |
Ordinary Resolution 9: (Tier 2 - Other Shareholders) Retention of Dato Maarof bin H.A. Rahman as Independent Non-Executive Director. |
29,135,500 | 99.983900 | 4,700 | 0.016100 | Carried |
Ordinary Resolution 10: Authority to the Directors to issue and allot shares pursuant to Section 75 and Section 76 of the Companies Act 2016. |
52,273,000 | 99.991000 | 4,700 | 0.009000 | Carried |
Special Resolution 1: Proposed Adoption of the New Constitution of the Company |
52,278,700 | 100.000000 | 0 | 0.000000 | Carried |