[LPI] General on 17-Jun-2020

Stock
[LPI]: LPI CAPITAL BHD
Announcement Date
18-May-2020
Type
General
Date & Time
17-Jun-2020 11:00
Depositor Date
09-Jun-2020
Venue
Tricor Leadership Room, Unit 32-01, Level 32, Tower A, Vertical Business Suite, Avenue 3, Bangsar South, No. 8 Jalan Kerinchi, 59200 Kuala Lumpur
Description
LPI CAPITAL BHD - NOTICE OF THE 59TH ANNUAL GENERAL MEETING (FULLY VIRTUAL MEETING)
LPI-59th AGM (Fully Virtual Meeting)-Notice-Admin Notes-Proxy Form.pdf
Outcome

The Board of Directors of LPI Capital Bhd (LPI or the Company) is pleased to announce that all the resolutions as set out in the Notice of 59th Annual General Meeting (AGM) (Fully Virtual Meeting) of the Company dated 19 May 2020 were duly approved by the shareholders of the Company by way of poll, at the 59th AGM held today. The results of the poll were validated by Deloitte Risk Advisory Sdn Bhd, the independent scrutineer appointed by the Company.

The detailed results of the poll are set out in the attachment.

This announcement is dated 17 June 2020.

Voting Results

1. Ordinary Resolution 1

Description 
To re-elect Mr. Tan Kok Guan who retires by rotation in accordance with Clause 94 of the Company's Constitution and who being eligible offer himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 680 27
No. of Shares 303,887,603 8,698
% of Voted Shares 99.9970 0.0030
Result Accepted

2. Ordinary Resolution 2

Description 
To re-elect Mr. Quah Poh Keat who retires by rotation in accordance with Clause 94 of the Company's Constitution and who being eligible offer himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 669 39
No. of Shares 289,438,365 14,814,336
% of Voted Shares 95.1310 4.8690
Result Accepted

3. Ordinary Resolution 3

Description 
To approve the payment of Directors' fees of RM1,085,000 for the financial year ended 31 December 2019.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 666 37
No. of Shares 294,702,503 20,038
% of Voted Shares 99.9930 0.0070
Result Accepted

4. Ordinary Resolution 4

Description 
To approve the payment of Directors' Benefit on Allowances for Directors amounting to RM286,500 for the financial year ended 31 December 2019.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 663 39
No. of Shares 294,689,383 33,038
% of Voted Shares 99.9890 0.0110
Result Accepted

5. Ordinary Resolution 5

Description 
To approve the Directors' Benefit on insurance coverage for Non-Executive Directors from 59th Annual General Meeting to 60th Annual General Meeting of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 670 34
No. of Shares 295,065,203 13,738
% of Voted Shares 99.9950 0.0050
Result Accepted

6. Ordinary Resolution 6

Description 
To re-appoint Messrs. KPMG PLT as Auditors of the Company for the financial year ending 31 December 2020 and to authorise the Directors to fix the Auditors' remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 684 24
No. of Shares 304,231,343 21,358
% of Voted Shares 99.9930 0.0070
Result Accepted

Remark
-
Market Buzz
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment