[P&O] General on 11-Mar-2022

Stock
[P&O]: PACIFIC & ORIENT BHD
Announcement Date
27-Jan-2022
Type
General
Date & Time
11-Mar-2022 10:30
Depositor Date
07-Mar-2022
Venue
Broadcast Venue Conference Room, 17th Floor Wisma Bumi Raya, No. 10, Jalan Raja Laut 50350 Kuala Lumpur
Description
Pacific & Orient Berhad The 28th Annual General Meeting will be conducted fully virtual through live streaming from the broadcast venue
POB - Notice of AGM 2022.pdf
Outcome

The Board of Directors' of Pacific & Orient Berhad is pleased to announce that the resolutions as set out in the Notice of 28th Annual General Meeting dated 28 January 2022 were duly passed by way of poll at the 28th Annual General Meeting held on 11 March 2022.

The results were validated by Cygnus Technology Solutions Sdn. Bhd.,the independent Scrutineer appointed by the Company.Ordinary Resolutions 8,9 and 10 wereunder two-tier voting process, both Tier 1 and Tier 2 were duly carried.

Details of the said results are as set out in the attachment.

This announcement is dated 11 March 2022.

Voting Results

1. Ordinary Resolution 1

Description 
To approve the Directors' fees payable to the Non-Executive Directors of the Company up to an amount of RM800,000 from the day after the 28th Annual General Meeting until the next Annual General Meeting of the Company
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 92 17
No. of Shares 171,051,487 1,137,458
% of Voted Shares 99.3394 0.6606
Result Accepted

2. Ordinary Resolution 2

Description 
To approve the Directors' benefits and meeting allowance payable to the Non-Executive Directors of the Company up to an amount of RM200,000 from the day after the 28th Annual General Meeting until the next Annual General Meeting of the Company
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 87 22
No. of Shares 171,037,875 1,151,070
% of Voted Shares 99.3315 0.6685
Result Accepted

3. Ordinary Resolution 3

Description 
To re-elect Mr. Michael Yee Kim Shing who retires as a Director of the Company pursuant to Article 77 of the Constitution of the Company
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 103 5
No. of Shares 170,825,497 1,130,115
% of Voted Shares 99.3428 0.6572
Result Accepted

4. Ordinary Resolution 4

Description 
To re-elect Mr. Ong Seng Pheow who retires as a Director of the Company pursuant to Article 77 of the Constitution of the Company
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 102 6
No. of Shares 171,049,826 1,138,115
% of Voted Shares 99.3390 0.6610
Result Accepted

5. Ordinary Resolution 5

Description 
To re-appoint Messrs. Ernst & Young PLT as Auditors and to authorise the Board of Directors to fix their remuneration
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 104 5
No. of Shares 171,058,830 1,130,115
% of Voted Shares 99.3437 0.6563
Result Accepted

6. Ordinary Resolution 6

Description 
Authority to allot and issue shares pursuant to Sections 75 & 76 of the Companies Act 2016
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 100 9
No. of Shares 171,052,375 1,136,570
% of Voted Shares 99.3399 0.6601
Result Accepted

7. Ordinary Resolution 7

Description 
Proposed renewal of authority for the purchase by the Company of its own shares
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 105 4
No. of Shares 171,058,868 1,130,077
% of Voted Shares 99.3437 0.6563
Result Accepted

8. Ordinary Resolution 8

Description 
Retention of Independent Director - Mr. Michael Yee Kim Shing
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 102 6
No. of Shares 170,775,535 1,180,077
% of Voted Shares 99.3137 0.6863
Result Accepted

9. Ordinary Resolution 9

Description 
Retention of Independent Director - Tunku Dato' Mu'tamir bin Tunku Tan Sri Mohamed
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 96 11
No. of Shares 170,766,663 1,186,949
% of Voted Shares 99.3097 0.6903
Result Accepted

10. Ordinary Resolution 10

Description 
Retention of Independent Director - Dato' Dr. Zaha Rina binti Zahari
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 96 11
No. of Shares 170,001,930 1,186,949
% of Voted Shares 99.3066 0.6934
Result Accepted

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