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 33rdAnnual General Meeting ("AGM") of the Company dated 31May2021and tabled at the said AGMheld on 29June2021were duly passed by the shareholders by way of poll.
The results of the poll of the 33rdAGM 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 29June 2021.
Voting Results |
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1. Ordinary Resolution |
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Description |
To approve the payment of Directors Fees in respect of the financial year ended 31 December 2020. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 191 | 14 |
No. of Shares | 115,851,052 | 174,411 |
% of Voted Shares | 99.8497 | 0.1503 |
Result | Accepted | |
2. Ordinary Resolution |
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Description |
To approve the payment of Directors benefits of up to RM1,200,000 for the financial period from 1 July 2021 to 30 June 2022. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 187 | 16 |
No. of Shares | 115,845,350 | 176,413 |
% of Voted Shares | 99.8479 | 0.1521 |
Result | Accepted | |
3. Ordinary Resolution |
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Description |
To re-elect Director retiring in accordance with Clause 117 of the Constitution of the Company - Mr Shih Chao Yuan |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 199 | 9 |
No. of Shares | 115,710,952 | 953,311 |
% of Voted Shares | 99.1829 | 0.8171 |
Result | Accepted | |
4. Ordinary Resolution |
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Description |
To re-elect Director retiring in accordance with Clause 117 of the Constitution of the Company - Mr Lim Chung Yin |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 187 | 13 |
No. of Shares | 101,885,092 | 1,237,571 |
% of Voted Shares | 98.7999 | 1.2001 |
Result | Accepted | |
5. Ordinary Resolution |
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Description |
To re-elect Mr Huang Ying Hao retiring in accordance with Clause 124 of the Constitution of the Company. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 188 | 12 |
No. of Shares | 101,806,152 | 1,316,511 |
% of Voted Shares | 98.7234 | 1.2766 |
Result | Accepted | |
6. Ordinary Resolution |
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Description |
To re-appoint BDO PLT as the Auditors of the Company and to authorise the Directors to fix their remuneration. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 199 | 9 |
No. of Shares | 116,495,952 | 168,311 |
% of Voted Shares | 99.8557 | 0.1443 |
Result | Accepted | |
7. Ordinary Resolution |
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Description |
Authority to Allot and Issue Shares Pursuant to Sections 75 and 76 of the Companies Act 2016 |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 194 | 13 |
No. of Shares | 116,487,192 | 175,071 |
% of Voted Shares | 99.8499 | 0.1501 |
Result | Accepted | |
8. Ordinary Resolution |
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Description |
Proposed Renewal of Authority for Share Buy-Back |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 199 | 8 |
No. of Shares | 115,884,092 | 143,371 |
% of Voted Shares | 99.8764 | 0.1236 |
Result | Accepted | |
9. Ordinary Resolution |
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Description |
Proposed Renewal of Shareholders Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 198 | 9 |
No. of Shares | 47,235,952 | 168,311 |
% of Voted Shares | 99.6449 | 0.3551 |
Result | Accepted | |
10. Ordinary Resolution |
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Description |
Retention of Independent Directors in accordance with the Malaysian Code on Corporate Governance - Mr Leow Ing Seng |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 184 | 14 |
No. of Shares | 101,883,552 | 1,204,311 |
% of Voted Shares | 98.8318 | 1.1682 |
Result | Accepted | |
11. Ordinary Resolution |
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Description |
Retention of Independent Directors in accordance with the Malaysian Code on Corporate Governance - Mr Lim Chung Yin |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 183 | 15 |
No. of Shares | 101,883,392 | 1,204,471 |
% of Voted Shares | 98.8316 | 1.1684 |
Result | Accepted | |