[PADINI] General Meeting on 25-Nov-2022

Stock
[PADINI]: PADINI HOLDINGS BHD
Announcement Date
16-Nov-2022
Reference No.
GMA-16112022-00010
Corporate Action ID
MY220804MEET0002
Type
General Meeting
Date & Time
25-Nov-2022 10:00
Depositor Date
17-Nov-2022
Venue
BROADCAST VENUE AT,ROOM 4.2, NO. 19 JALAN JURUNILAI U1/20,HICOM GLENMARIE INDUSTRIAL PARK,40150 SHAH ALAM, SELANGOR DARUL EHSAN,MY
Description
Change of date of General Meeting Record of Depositors to 17 November 2022. Please refer to the attached Notification.
Notification to Shareholders dated 16 November 2022 (change of GMROD).pdf
Outcome

The Board of Directors of Padini Holdings Berhad ("the Company") is pleased to announce that all the resolutions,except for Resolutions No. 13, 14, 15, 16, 17 and 19,as set out in the Notice of Annual General Meeting ("AGM") of the Company dated 26 October 2022, were passed by the shareholders of the Company at the AGM held today, 25November 2022.

All Resolutions were carried by way of polling (please refer to the attached summary of poll result report).

Commercial Quest Sdn Bhdwas appointed as the scrutineer for the polling process.

Please refer to the attachment for the details of the poll results.

This announcement is dated 25November 2022.

Voting Results

1. Ordinary Resolution 1

Description 
To approve payment of Directors' fee of RM380,000 in respect of the financial year ended 30 June 2022.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 207 41
No. of Shares 494,660,001 9,810,493
% of Voted Shares 98.0553 1.9447
Result Accepted

2. Ordinary Resolution 2

Description 
To approve payment of Directors' fee of RM480,000 in respect of the financial year ending 30 June 2023.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 199 47
No. of Shares 494,637,799 9,828,395
% of Voted Shares 98.0517 1.9483
Result Accepted

3. Ordinary Resolution 3

Description 
To approve the payment of Directors' benefits (excluding Directors' Fees) up to an amount of RM50,000 payable to the Independent Directors from 1 July 2022 until the next Annual General Meeting of the Company to be held in the year 2023.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 202 44
No. of Shares 494,627,499 9,812,695
% of Voted Shares 98.0547 1.9453
Result Accepted

4. Ordinary Resolution 4

Description 
To re-elect Ms Chong Chin Lin who is retiring in accordance with Clause 103(1) of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 223 29
No. of Shares 497,101,030 7,375,767
% of Voted Shares 98.5379 1.4621
Result Accepted

5. Ordinary Resolution 5

Description 
To re-elect Mr Chia Swee Yuen who is retiring in accordance with Clause 103(1) of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 221 28
No. of Shares 457,876,084 12,510,987
% of Voted Shares 97.3403 2.6597
Result Accepted

6. Ordinary Resolution 6

Description 
To re-elect Mr Andrew Yong Tze How who is retiring in accordance with Clause 103(1) of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 220 31
No. of Shares 497,084,228 7,381,069
% of Voted Shares 98.5369 1.4631
Result Accepted

7. Ordinary Resolution 7

Description 
To re-elect Ms Tan Poh Ling who is retiring in accordance with Clause 110 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 229 21
No. of Shares 500,275,667 4,201,130
% of Voted Shares 99.1672 0.8328
Result Accepted

8. Ordinary Resolution 8

Description 
To re-appoint Messrs 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 223 27
No. of Shares 494,373,777 10,101,020
% of Voted Shares 97.9977 2.0023
Result Accepted

9. Ordinary Resolution 9

Description 
Retention of Mr Foo Kee Fatt as Independent Director.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 189 61
No. of Shares 351,525,267 152,906,530
% of Voted Shares 69.6874 30.3126
Result Accepted

10. Ordinary Resolution 10

Description 
Retention of Mr Lee Peng Khoon as Independent Director.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 203 45
No. of Shares 434,258,841 70,172,956
% of Voted Shares 86.0887 13.9113
Result Accepted

11. Ordinary Resolution 11

Description 
Retention of Mr Chia Swee Yuen as Independent Director.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 215 31
No. of Shares 465,850,341 4,521,730
% of Voted Shares 99.0387 0.9613
Result Accepted

12. Ordinary Resolution 12

Description 
Proposed Establishment of an Employees Share Option Scheme of up to 15% of the total number of Issued Shares of Padini (excluding Treasury Shares, if any) for the Executive Directors and Employees of Padini And its subsidiaries (excluding subsidiaries which are dormant).
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 159 84
No. of Shares 335,431,649 168,989,744
% of Voted Shares 66.4983 33.5017
Result Accepted

13. Ordinary Resolution 13

Description 
Proposed Allocation of ESOS Options to Mr Yong Pang Chaun.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 145 91
No. of Shares 33,590,199 169,083,744
% of Voted Shares 16.5735 83.4265
Result Rejected

14. Ordinary Resolution 14

Description 
Proposed Allocation of ESOS Options to Ms Chong Chin Lin.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 145 91
No. of Shares 33,590,199 169,083,744
% of Voted Shares 16.5735 83.4265
Result Rejected

15. Ordinary Resolution 15

Description 
Proposed Allocation of ESOS Options to Mr Andrew Yong Tze How.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 145 91
No. of Shares 33,590,199 169,083,744
% of Voted Shares 16.5735 83.4265
Result Rejected

16. Ordinary Resolution 16

Description 
Proposed Allocation of ESOS Options to Mr Benjamin Yong Tze Jet.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 145 91
No. of Shares 33,590,199 169,083,744
% of Voted Shares 16.5735 83.4265
Result Rejected

17. Ordinary Resolution 17

Description 
Proposed Allocation of ESOS Options to Ms Chew Voon Chyn.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 146 90
No. of Shares 33,591,199 169,082,744
% of Voted Shares 16.5740 83.4260
Result Rejected

18. Ordinary Resolution 18

Description 
Proposed Allocation of ESOS Options to Ms Sung Fong Fui.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 150 90
No. of Shares 335,269,449 169,082,744
% of Voted Shares 66.4753 33.5247
Result Accepted

19. Ordinary Resolution 19

Description 
Proposed Allocation of ESOS Options to Mr Christopher Yong Tze Yao.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 145 91
No. of Shares 33,590,199 169,083,744
% of Voted Shares 16.5735 83.4265
Result Rejected

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