The Board of Directors' of Pacific & Orient Berhad is pleased to announce that the resolutions as set out in the Notice of 28th Annual General Meeting dated 28 January 2022 were duly passed by way of poll at the 28th Annual General Meeting held on 11 March 2022.
The results were validated by Cygnus Technology Solutions Sdn. Bhd.,the independent Scrutineer appointed by the Company.Ordinary Resolutions 8,9 and 10 wereunder two-tier voting process, both Tier 1 and Tier 2 were duly carried.
Details of the said results are as set out in the attachment.
This announcement is dated 11 March 2022.
Voting Results |
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1. Ordinary Resolution 1 |
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Description |
To approve the Directors' fees payable to the Non-Executive Directors of the Company up to an amount of RM800,000 from the day after the 28th Annual General Meeting until the next Annual General Meeting of the Company |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 92 | 17 |
No. of Shares | 171,051,487 | 1,137,458 |
% of Voted Shares | 99.3394 | 0.6606 |
Result | Accepted | |
2. Ordinary Resolution 2 |
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Description |
To approve the Directors' benefits and meeting allowance payable to the Non-Executive Directors of the Company up to an amount of RM200,000 from the day after the 28th Annual General Meeting until the next Annual General Meeting of the Company |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 87 | 22 |
No. of Shares | 171,037,875 | 1,151,070 |
% of Voted Shares | 99.3315 | 0.6685 |
Result | Accepted | |
3. Ordinary Resolution 3 |
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Description |
To re-elect Mr. Michael Yee Kim Shing who retires as a Director of the Company pursuant to Article 77 of the Constitution of the Company |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 103 | 5 |
No. of Shares | 170,825,497 | 1,130,115 |
% of Voted Shares | 99.3428 | 0.6572 |
Result | Accepted | |
4. Ordinary Resolution 4 |
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Description |
To re-elect Mr. Ong Seng Pheow who retires as a Director of the Company pursuant to Article 77 of the Constitution of the Company |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 102 | 6 |
No. of Shares | 171,049,826 | 1,138,115 |
% of Voted Shares | 99.3390 | 0.6610 |
Result | Accepted | |
5. Ordinary Resolution 5 |
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Description |
To re-appoint Messrs. Ernst & Young PLT as Auditors and to authorise the Board of Directors to fix their remuneration |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 104 | 5 |
No. of Shares | 171,058,830 | 1,130,115 |
% of Voted Shares | 99.3437 | 0.6563 |
Result | Accepted | |
6. Ordinary Resolution 6 |
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Description |
Authority to allot and issue shares pursuant to Sections 75 & 76 of the Companies Act 2016 |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 100 | 9 |
No. of Shares | 171,052,375 | 1,136,570 |
% of Voted Shares | 99.3399 | 0.6601 |
Result | Accepted | |
7. Ordinary Resolution 7 |
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Description |
Proposed renewal of authority for the purchase by the Company of its own shares |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 105 | 4 |
No. of Shares | 171,058,868 | 1,130,077 |
% of Voted Shares | 99.3437 | 0.6563 |
Result | Accepted | |
8. Ordinary Resolution 8 |
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Description |
Retention of Independent Director - Mr. Michael Yee Kim Shing |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 102 | 6 |
No. of Shares | 170,775,535 | 1,180,077 |
% of Voted Shares | 99.3137 | 0.6863 |
Result | Accepted | |
9. Ordinary Resolution 9 |
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Description |
Retention of Independent Director - Tunku Dato' Mu'tamir bin Tunku Tan Sri Mohamed |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 96 | 11 |
No. of Shares | 170,766,663 | 1,186,949 |
% of Voted Shares | 99.3097 | 0.6903 |
Result | Accepted | |
10. Ordinary Resolution 10 |
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Description |
Retention of Independent Director - Dato' Dr. Zaha Rina binti Zahari |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 96 | 11 |
No. of Shares | 170,001,930 | 1,186,949 |
% of Voted Shares | 99.3066 | 0.6934 |
Result | Accepted | |