The Board of Directors of PETRONAS Dagangan Berhad (“the Company”) wishes toannouncethat the Audited Financial Statements for the financial year ended 31 December 2019and the Reports of the Directors and Auditors thereon were duly tabled and received by the shareholders at the 38th Annual General Meeting (“AGM”) of the Company held today under Agenda 1 as set out in the Notice of the 38th AGM dated 31March 2020.
Resolutions 1,2,3,4,5,6 and 7 were voted on a poll via Remote Participation and Voting ("RPV") at https://tiih.online at the 38th AGM in accordance with Paragraph 8.29A of Bursa Malaysia Securities Berhad Main Market Listing Requirements.
The Company alsowishes to announce that all 7ordinary resolutions as set out in the Notice of38th AGM dated 31March 2020were duly passed by the shareholders at theCompany's38th AGM held today, 10June 2020. The detailed poll results were verified and validated as per the attachment and set out below by the Boardroom Corporate Services Sdn Bhd, the Independent Scrutineers appointed by the Company.
This announcement is dated 10 June 2020.
Voting Results |
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1. Resolution 1 |
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Description |
To re-elect Nirmala Doraisamy who was appointed pursuant to Article 100 of the Companys Constitution. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 636 | 28 |
No. of Shares | 907,702,101 | 2,971 |
% of Voted Shares | 95.7831 | 4.2169 |
Result | Accepted | |
2. Resolution 2 |
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Description |
To re-elect Azrul Osman Rani who was appointed pursuant to Article 100 of the Companys Constitution. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 634 | 30 |
No. of Shares | 907,624,301 | 80,771 |
% of Voted Shares | 95.4819 | 4.5181 |
Result | Accepted | |
3. Resolution 3 |
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Description |
To re-elect Shafie Shamsuddin who is to retire by rotation pursuant to Article 107 of the Companys Constitution. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 635 | 29 |
No. of Shares | 907,702,100 | 2,972 |
% of Voted Shares | 95.6325 | 4.3675 |
Result | Accepted | |
4. Resolution 4 |
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Description |
To re-elect Alvin Michael Hew Thai Kheam who is to retire by rotation pursuant to Article 107 of the Companys Constitution. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 635 | 29 |
No. of Shares | 907,702,119 | 2,953 |
% of Voted Shares | 95.6325 | 4.3675 |
Result | Accepted | |
5. Resolution 5 |
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Description |
To approve the Directors Fees and Allowances payable to the Non-Executive Directors of up to RM2,300,000 with effect from 11 June 2020 until the next Annual General Meeting of the Company. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 613 | 51 |
No. of Shares | 903,830,438 | 3,870,134 |
% of Voted Shares | 92.3193 | 7.6807 |
Result | Accepted | |
6. Resolution 6 |
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Description |
To approve the re-appointment of KPMG PLT, as Auditors of the Company for the financial year ending 31 December 2020 and to authorise the Directors to fix their remuneration. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 599 | 65 |
No. of Shares | 901,125,052 | 6,538,220 |
% of Voted Shares | 90.2108 | 9.7892 |
Result | Accepted | |
7. Resolution 7 |
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Description |
To consider and, if thought fit, to pass the following Ordinary Resolution pursuant to Article 98 of the Company's Constitution: Proposed Increase of Number of Directors "THAT the maximum number of Directors of the Company which is currently fixed at not more than ten (10) as set out in Article 98 of the Company's Constitution be hereby increased to twelve (12) with immediate effect." |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 610 | 55 |
No. of Shares | 907,694,824 | 10,748 |
% of Voted Shares | 91.7293 | 8.2707 |
Result | Accepted | |