[UPA] General on 24-Jul-2020

Stock
[UPA]: UPA CORPORATION BHD
Announcement Date
23-Jun-2020
Type
General
Date & Time
24-Jul-2020 11:00
Depositor Date
17-Jul-2020
Venue
Broadcast Venue at Lot 8228, 6.5 Miles, Jalan Kuchai Lama, 58200 Kuala Lumpur
Description
UPA Corporation Bhd. - Notice of 24th Annual General Meeting
UPA - Lttr to SHs on Errata to Notice of AGM 2020.pdf
Outcome

UPA Corporation Bhd. (“Company”)wishes to informthat atthe 24th Annual General Meeting ("24th AGM") ofthe Companyheld on Friday, 24 July 2020:

1. the Audited Financial Statements for the financial year ended 31 December 2019 together with the reports of the Directors and Auditors thereon, were properly laid and received by the members present at the 24th AGM; and

2. all the resolutions set forth in the Notice of 24th AGM were duly passed by way of poll.

The poll results at the 24th AGM were verified by M/s SLCC Networks Sdn. Bhd., the Independent Scrutineers appointed by the Company pursuant to Paragraph 8.29A(2) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad. Please refer to the attachment for the details of the poll results.

This announcement is dated 24July 2020.

Voting Results

1. Ordinary Resolution 1

Description 
To approve the payment of a Final Single Tier Dividend of 8 sen per share in respect of the financial year ended 31 December 2019.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 19 0
No. of Shares 44,320,279 0
% of Voted Shares 100.0000 0.0000
Result Accepted

2. Ordinary Resolution 2

Description 
To approve the payment of Directors fees of RM440,000.00 for the financial year ended 31 December 2019.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 20 0
No. of Shares 44,325,379 0
% of Voted Shares 100.0000 0.0000
Result Accepted

3. Ordinary Resolution 3

Description 
To approve the Directors benefits of up to RM100,000.00 with effect from 25 July 2020 until the next Annual General Meeting of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 21 1
No. of Shares 44,813,703 1,600
% of Voted Shares 99.9964 0.0036
Result Accepted

4. Ordinary Resolution 4

Description 
To re-elect Mr. Low Hong Keng, the Director who retires in accordance with Clause 86.1 of the Companys Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 22 0
No. of Shares 44,637,541 0
% of Voted Shares 100.0000 0.0000
Result Accepted

5. Ordinary Resolution 5

Description 
To re-appoint Messrs. Baker Tilly Monteiro Heng PLT as Auditors of the Company for the ensuing year and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 22 0
No. of Shares 44,637,541 0
% of Voted Shares 100.0000 0.0000
Result Accepted

6. Ordinary Resolution 6

Description 
Authority to allot and issue shares pursuant to Sections 75 and 76 of the Companies Act 2016
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 22 0
No. of Shares 44,637,541 0
% of Voted Shares 100.0000 0.0000
Result Accepted

7. Ordinary Resolution 7

Description 
Proposed Renewal of Share Buy-Back Authority
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 23 0
No. of Shares 44,637,601 0
% of Voted Shares 100.0000 0.0000
Result Accepted

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