[PA] Extraordinary on 17-Dec-2020

Announcement Date
09-Dec-2020
Type
Extraordinary
Date & Time
17-Dec-2020 11:30
Depositor Date
10-Dec-2020
Venue
Conference Room of P.A. Resources Berhad, Lot 424 & 440, Jalan Kuala Selangor, Kampung Batu 8, Ijok, 45620 Kuala Selangor, Selangor Darul Ehsan
Description
P.A. Resources Berhad ("PARB" or "the Company") - Notification of Change of Meeting Venue of the Extraordinary General Meeting ("EGM") due to the Conditional Movement Control Order from 7 December 2020 to 20 December 2020.
PARB-Notification of Change of Meeting Venue of EGM.pdf
Outcome

On behalf of the Board of Directors of P.A. Resources Berhad ("PA" or "the Company"), we are pleased to announce that at the Extraordinary General Meeting ("EGM") of PA held on 17 December 2020, the shareholders of PA had approved all the resolutions referred to in the Notice of EGM dated 25 November 2020 except for Special Resolution 2 which had been withdrawn.

Special Resolution 2 in respect of the approval of proposed allocation of ESOS of Dato' Ng Tong Hai was withdrawn as Dato' Ng Tong Hai had earlier at the 15th AGM of the Company, expressed his decision of not seeking for re-election as a Director of the Company, and hence, Dato’ Ng Tong Hai has retired at the conclusion of the 15th AGM of the Company.

All the resolutions were determined by way of poll and the results of the poll were validated by Boardroom Corporate ServicesSdn Bhd, the Independent Scrutineer appointed by the Company.

Details of the results of the polling in respect of all the resolutions at the EGMare set out below.

This announcement is dated on 17 December 2020.

Voting Results


1. Ordinary Resolution 1

Description
Proposed Share Consolidation of Every 2 Existing Ordinary Shares in P.A. Resources Berhad ("PARB") ("PARB Share(s)" or "Share(s)") into 1 Consolidated Share
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 13 0
No. of Shares 693,777,260 0
% of Voted Shares 100.0000 0.0000
Result Accepted

2. Special Resolution 1

Description
Proposed Establishment of an Employees' Share Option Scheme ("ESOS") of up to 15% of the Total Number of Issued Shares of PARB (Excluding Treasury Shares, if any) at any point in Time Over the Duration of the ESOS for the Eligible Directors and Employees of PARB and its Subsidiaries (Excluding Dormant Subsidiaries)
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 13 0
No. of Shares 693,777,260 0
% of Voted Shares 100.0000 0.0000
Result Accepted

3. Special Resolution 2

Description
Proposed Allocation of ESOS Options to Dato' Ng Tong Hai, the Director of PARB
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

4. Special Resolution 3

Description
Proposed Allocation of ESOS Options to Datuk Seri Lau Kuan Kam, the Director of PARB
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 12 9
No. of Shares 609,581,580 0
% of Voted Shares 100.0000 0.0000
Result Accepted

5. Special Resolution 4

Description
Proposed Allocation of ESOS Options to Mr. Wong Chee Heng, the Director of PARB
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 13 0
No. of Shares 693,777,260 0
% of Voted Shares 100.0000 0.0000
Result Accepted

6. Special Resolution 5

Description
Proposed Allocation of ESOS Options to Mr. Yap Fatt Lam, the Director of PARB
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 12 0
No. of Shares 693,177,260 0
% of Voted Shares 100.0000 0.0000
Result Accepted

7. Special Resolution 6

Description
Proposed Allocation of ESOS Options to Mr. Hoe Thiam Soon, the Director of PARB
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 12 0
No. of Shares 682,665,260 0
% of Voted Shares 100.0000 0.0000
Result Accepted

8. Special Resolution 7

Description
Proposed Allocation of ESOS Options to Dato' Wang Sze Yao @ Wang Ming Way, the Director of PARB
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 12 0
No. of Shares 656,795,360 0
% of Voted Shares 100.0000 0.0000
Result Accepted

Remark
-
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment