[SPSETIA] General on 22-Jun-2020

Stock
[SPSETIA]: SP SETIA BHD
Announcement Date
21-May-2020
Type
General
Date & Time
22-Jun-2020 10:00
Depositor Date
16-Jun-2020
Venue
Broadcast Venue Annex, Level 1, S P Setia Berhad Corporate HQ No. 12, Persiaran Setia Dagang, Setia Alam, Seksyen U13 40170 Shah Alam, Selangor Darul Ehsan
Description
NOTICE OF FORTY FIFTH ANNUAL GENERAL MEETING
S P Setia-Notice of 45th AGM-Administrative Guide.pdf
Outcome

The Board of Directors of S P Setia Berhad (“S P Setia”) wishes to announce that all the resolutions as set out in the Notice of Forty FifthAnnual General Meeting (“45thAGM”) dated 22 May 2020 have been passed by the shareholders of S P Setia at the 45thAGM held today.

The voting in respect of the resolutions were carried out by way of poll and the results were validated by Coopers Professional Scrutineers Sdn Bhd, the independent scrutineer appointed by S P Setia. Please refer to the attachment for the results of the poll.

This announcement is dated 22 June 2020.

Voting Results

1. Resolution 1

Description 
To re-elect Dato' Ahmad Pardas bin Senin who retires in accordance with Clause 102 of the Company's Constitution and, being eligible, offers himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 227 22
No. of Shares 3,481,303,145 8,014,807
% of Voted Shares 99.7703 0.2297
Result Accepted

2. Resolution 2

Description 
To re-elect Dato' Seri. Ir. Hj. Mohd Noor bin Yaacob who retires in accordance with Clause 102 of the Company's Constitution and, being eligible, offers himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 238 13
No. of Shares 3,495,506,511 2,409,341
% of Voted Shares 99.9311 0.0689
Result Accepted

3. Resolution 3

Description 
To re-elect Dato' Zuraidah binti Atan who retires in accordance with Clause 102 of the Company's Constitution and, being eligible, offers herself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 238 13
No. of Shares 3,495,514,811 2,401,041
% of Voted Shares 99.9314 0.0686
Result Accepted

4. Resolution 4

Description 
To approve the payment of Directors' fees amounting to RM50,000 per month for the Non-Executive Chairman and RM12,000 per month for each of the Non-Executive Directors for the period from 23 June 2020 up to the date of the next Annual General Meeting.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 230 21
No. of Shares 3,497,859,764 55,779
% of Voted Shares 99.9984 0.0016
Result Accepted

5. Resolution 5

Description 
To approve the payment of Directors' other remuneration and benefits to the Non-Executive Directors for the period from 23 June 2020 up to the date of the next Annual General Meeting amounting up to approximately RM1,465,000.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 228 22
No. of Shares 3,497,860,131 51,712
% of Voted Shares 99.9985 0.0015
Result Accepted

6. Resolution 6

Description 
To re-appoint Messrs Ernst & Young PLT, Chartered Accountants, the retiring auditors, as the 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 244 9
No. of Shares 3,497,920,504 9,839
% of Voted Shares 99.9997 0.0003
Result Accepted

7. Resolution 7

Description 
Proposed shareholders' mandate for recurrent related party transactions of a revenue or trading nature as specified in Section 2.3.1 of the Circular to Shareholders dated 22 May 2020.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 224 9
No. of Shares 990,568,668 17,839
% of Voted Shares 99.9982 0.0018
Result Accepted

8. Resolution 8

Description 
Proposed renewal of the authority to allot and issue new ordinary shares in the Company ("S P Setia Shares"), for the purpose of the Company's Dividend Reinvestment Plan that provides the shareholders of the Company the option to elect to reinvest their cash dividend in new S P Setia Shares.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 240 11
No. of Shares 3,493,055,364 20,579
% of Voted Shares 99.9994 0.0006
Result Accepted

Remark
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