The Board of Directors of Ivory Properties Group Berhad ("IPGB" or "the Company") is pleased to announce that all the resolutions as set out in the Notice of the 16th Annual General Meeting ("16th AGM") dated 30August2021were duly passed at the 16th AGM of the Company held on 29 September 2021.
All resolutions were voted by poll and the results of the poll were verified by Commercial Quest Sdn. Bhd., the independent Scrutineer appointed by the Company. The details of poll results are set out in the table below.
The announcement is dated 29September 2021.
Voting Results |
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1. Ordinary Resolution 1 |
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Description |
To approve the payment of Directors' fees of RM180,000 for the financial year ended 31 March 2021. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 58 | 3 |
No. of Shares | 270,803,659 | 31,502 |
% of Voted Shares | 99.9884 | 0.0116 |
Result | Accepted | |
2. Ordinary Resolution 2 |
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Description |
To approve the payment of Directors' fees of RM220,000 per annum for Non-Executive Director to be paid on monthly basis for the period from 1 April 2021 until the next AGM of the Company to be held in year 2022. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 57 | 4 |
No. of Shares | 270,803,609 | 31,552 |
% of Voted Shares | 99.9884 | 0.0116 |
Result | Accepted | |
3. Ordinary Resolution 3 |
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Description |
To approve the payment of benefits (excluding Directors' fees) payable to the Directors up to an amount of RM200,000 from 30 September 2021 until the next AGM of the Company to be held in year 2022. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 56 | 5 |
No. of Shares | 270,796,484 | 38,677 |
% of Voted Shares | 99.9857 | 0.0143 |
Result | Accepted | |
4. Ordinary Resolution 4 |
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Description |
To re-elect Tan Soo Mooi as a Director of the Company. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 60 | 1 |
No. of Shares | 270,833,661 | 1,500 |
% of Voted Shares | 99.9994 | 0.0006 |
Result | Accepted | |
5. Ordinary Resolution 5 |
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Description |
To re-elect Ooi Choi Kiat as a Director of the Company. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 58 | 1 |
No. of Shares | 249,434,564 | 1,500 |
% of Voted Shares | 99.9994 | 0.0006 |
Result | Accepted | |
6. Ordinary Resolution 6 |
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Description |
To re-elect Dato' Haji Abdul Malik bin Abul Kassim as a Director of the Company. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 60 | 1 |
No. of Shares | 270,833,661 | 1,500 |
% of Voted Shares | 99.9994 | 0.0006 |
Result | Accepted | |
7. Ordinary Resolution 7 |
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Description |
To re-elect Dato' Abu Bakar bin Hassan as a Director of the Company. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 60 | 1 |
No. of Shares | 270,833,661 | 1,500 |
% of Voted Shares | 99.9994 | 0.0006 |
Result | Accepted | |
8. Ordinary Resolution 8 |
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Description |
To re-appoint Messrs KPMG PLT as Auditors of the Company. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 61 | 0 |
No. of Shares | 270,835,161 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
9. Ordinary Resolution 9 |
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Description |
To empower the Directors to issue and allot shares. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 59 | 2 |
No. of Shares | 270,833,659 | 1,502 |
% of Voted Shares | 99.9994 | 0.0006 |
Result | Accepted | |
10. Ordinary Resolution 10 |
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Description |
To approve the 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 | 40 | 2 |
No. of Shares | 1,320,658 | 1,502 |
% of Voted Shares | 99.8864 | 0.1136 |
Result | Accepted | |
11. Special Resolution (Resolution 11) |
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Description |
To approve the Proposed Amendments to the Constitution of the Company. |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 59 | 2 |
No. of Shares | 270,833,659 | 1,502 |
% of Voted Shares | 99.9994 | 0.0006 |
Result | Accepted | |