AGENDA ITEM NO. 2 (ORDINARY RESOLUTION 1)
Taking into consideration the current economic situation and the global Covid-19 pandemic, the Directors ofTomypak Holdings Berhad ("the Company") have proposed a 21% reduction to the overall Directors' fees payable for the financial year ended December 2020. This means the overall Directors fees payable will be RM320,000 instead of RM405,000 as stated in the notice of the Twenty Sixth Annual General Meeting ("26thAGM").
The Chairman's fee is reduced from RM120,000 to RM80,000 (33.3% reduction) and independent director from RM95,000 to RM80,000 (15.8% reduction). Mr Chin Cheong Kee's and Datuk Kamal Bin Khalid's fees are also pro-rated accordingly.
The Chairman proposed the following amended motion which was seconded by a shareholder:
"To approve the payment of Directors fees of RM320,000 for the financial year ended 31 December 2020."
Consequently, the Ordinary Resolution 1 put forward for voting at the 26th AGM was amended to read as follows:
To approve the payment of Directors fees of RM320,000 for the financial year ended 31 December 2020.
The Board of Directorsis pleased to announce that the amended Ordinary Resolution1 at the 26thAGMas per above mentioned and Ordinary ResolutionNo. 2 to 7 asset out in the notice of the 26thAGMdated 28May2021were duly passed at the 26thAGM held on 22 June2021.
All resolutions tabled at the 26thAGM were voted by poll and results of the poll were validated by M/s Asia Securities Sdn. Berhad, the independent scrutineer appointed by the Company. Please refer to the attachment for the poll results validated by scrutineer.
Voting Results |
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1. Resolution 1 |
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Description |
To approve the payment of Directors fees of RM405,000 for the financial year ended 31 December 2020. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 78 | 23 |
No. of Shares | 43,811,695 | 13,505,852 |
% of Voted Shares | 76.4368 | 23.5632 |
Result | Accepted | |
2. Resolution 2 |
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Description |
To approve the payment of Directors benefits to the Directors of the Company and its subsidiaries up to an amount of RM120,000 for the period from 23rd June 2021 until the next Annual General Meeting of the Company to be held in 2022 |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 78 | 23 |
No. of Shares | 44,050,945 | 13,266,602 |
% of Voted Shares | 76.8542 | 23.1458 |
Result | Accepted | |
3. Resolution 3 |
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Description |
To re-elect Mr Tan See Yin who retires in accordance with the Company's Constitution. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 90 | 17 |
No. of Shares | 144,953,934 | 13,215,452 |
% of Voted Shares | 91.6447 | 8.3553 |
Result | Accepted | |
4. Resolution 4 |
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Description |
To re-elect Datuk Kamal Bin Khalid who retires in accordance with the Company's Constitution. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 90 | 18 |
No. of Shares | 145,386,941 | 13,223,452 |
% of Voted Shares | 91.6629 | 8.3371 |
Result | Accepted | |
5. Resolution 5 |
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Description |
To re-appoint Messrs KPMG PLT as Auditors of the Company for the financial year ending 31st December 2021 and to authorise the Board of Directors to determine their remuneration. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 92 | 16 |
No. of Shares | 145,406,961 | 13,198,202 |
% of Voted Shares | 91.6786 | 8.3214 |
Result | Accepted | |
6. Resolution 6 |
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Description |
Proposed authority to issue and allot shares pursuant to Section 75 and 76 of the Companies Act 2016 |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 84 | 24 |
No. of Shares | 144,915,241 | 13,695,152 |
% of Voted Shares | 91.3655 | 8.6345 |
Result | Accepted | |
7. Resolution 7 |
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Description |
Proposed renewal of shareholders' approval for share buy-back |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 92 | 16 |
No. of Shares | 145,408,961 | 13,190,202 |
% of Voted Shares | 85.1852 | 8.3167 |
Result | Accepted | |