[FPI] General on 25-Jun-2020

Stock
[FPI]: FORMOSA PROSONIC INDUSTRIES
Announcement Date
15-Jun-2020
Type
General
Date & Time
25-Jun-2020 10:00
Depositor Date
18-Jun-2020
Venue
Crown Hall, Level 1, Crystal Crown Harbour View 217 Persiaran Raja Muda Musa 42000 Port Klang Selangor Darul Ehsan
Description
Thirty-Second Annual General Meeting
FP Addendum - Administrative Guide-Notice of AGM.pdf
Outcome

The Board of Directors of Formosa Prosonic Industries Berhad ("the Company") wishes to announce that all resolutions as set out in the Notice of the 32nd Annual General Meeting ("AGM") of the Company dated 28 May2020and tabled at the said AGMheld on 25June2020were duly passed by the shareholders by way of poll.

The results of the poll of the 32nd AGM of the Company were validated by Asia Securities Sdn Bhd, the independent Scrutineer appointed by the Company.

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

This announcement is dated 25 June 2020.

Voting Results

1. Ordinary Resolution

Description 
To approve the payment of Directors Fees in respect of the financial year ended 31 December 2019.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 62 1
No. of Shares 108,156,474 9,000
% of Voted Shares 99.9920 0.0080
Result Accepted

2. Ordinary Resolution

Description 
To approve the payment of Directors benefits of up to RM1,200,000 for the financial period from 1 July 2020 to 30 June 2021.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 62 1
No. of Shares 108,156,474 9,000
% of Voted Shares 99.9920 0.0080
Result Accepted

3. Ordinary Resolution

Description 
To re-elect Director retiring in accordance with Clause 117 of the Constitution of the Company - Mr Chen, Ching-Sen
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 58 2
No. of Shares 104,970,374 65,800
% of Voted Shares 99.9370 0.0630
Result Accepted

4. Ordinary Resolution

Description 
To re-elect Director retiring in accordance with Clause 117 of the Constitution of the Company - Mr Leow Ing Seng
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 58 1
No. of Shares 104,970,374 56,800
% of Voted Shares 99.9460 0.0540
Result Accepted

5. Ordinary Resolution

Description 
To re-elect Mr Koh Meng Ching, Director retiring in accordance with Clause 124 of the Constitution of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 57 1
No. of Shares 104,969,574 56,800
% of Voted Shares 99.9460 0.0540
Result Accepted

6. Ordinary Resolution

Description 
To re-appoint BDO PLT as the Auditors of the Company and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 61 2
No. of Shares 108,155,674 65,800
% of Voted Shares 99.9390 0.0610
Result Accepted

7. Ordinary Resolution

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 62 2
No. of Shares 108,200,474 21,800
% of Voted Shares 99.9800 0.0200
Result Accepted

8. Ordinary Resolution

Description 
Proposed Renewal of Authority for Share Buy-Back
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 62 1
No. of Shares 108,156,474 9,000
% of Voted Shares 99.9920 0.0080
Result Accepted

9. Ordinary Resolution

Description 
Proposed Renewal of Shareholders Mandate for Recurrent Related Party Transactions of a
Revenue or Trading Nature
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 62 1
No. of Shares 38,953,274 9,000
% of Voted Shares 99.9770 0.0230
Result Accepted

10. Ordinary Resolution

Description 
Retention of Independent Director in accordance with the Malaysian Code on Corporate Governance - Mr Leow Ing Seng
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 57 2
No. of Shares 104,969,574 65,800
% of Voted Shares 99.9370 0.0630
Result Accepted

11. Ordinary Resolution

Description 
Retention of Independent Director in accordance with the Malaysian Code on Corporate Governance - Mr Lim Chung Yin
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 57 1
No. of Shares 104,969,574 56,800
% of Voted Shares 99.9460 0.0540
Result Accepted

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