The Board of Directors of Lion Posim Berhad ("LPB") wishes to announce that all the ordinary resolutions set out in the Notice of the 40th Annual General Meeting of LPB ("40th AGM") were duly passed by way of poll at the 40th AGM held on 23 May 2023. The results of the poll were duly verified by Commercial Quest Sdn Bhd, the Independent Scrutineers appointed by LPB. Details of the results of the poll are set out below.
Voting Results |
||
1. Ordinary Resolution 1 |
||
Description |
To approve the payment of Directors' fees amounting to RM170,000 for the financial year ended 31 December 2022. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 216 | 61 |
No. of Shares | 171,380,104 | 20,350 |
% of Voted Shares | 99.9881 | 0.0119 |
Result | Accepted | |
2. Ordinary Resolution 2 |
||
Description |
To approve the payment of Directors' benefits of up to RM87,000 for the period commencing after the 40th Annual General Meeting until the next annual general meeting of the Company. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 213 | 64 |
No. of Shares | 171,374,924 | 25,530 |
% of Voted Shares | 99.9851 | 0.0149 |
Result | Accepted | |
3. Ordinary Resolution 3 |
||
Description |
To re-elect Y. Bhg. Tan Sri Cheng Heng Jem who retires by rotation in accordance with Clause 110 of the Company's Constitution and who being eligible, has offered himself for re-election. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 235 | 44 |
No. of Shares | 171,389,108 | 11,448 |
% of Voted Shares | 99.9933 | 0.0067 |
Result | Accepted | |
4. Ordinary Resolution 4 |
||
Description |
To re-elect Ms Cheng Hui Ya, Serena who retires by rotation in accordance with Clause 110 of the Company's Constitution and who being eligible, has offered herself for re-election. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 230 | 49 |
No. of Shares | 171,383,902 | 16,654 |
% of Voted Shares | 99.9903 | 0.0097 |
Result | Accepted | |
5. Ordinary Resolution 5 |
||
Description |
To re-appoint Messrs Mazars PLT as Auditors of the Company and to authorise the Directors to fix their remuneration. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 236 | 43 |
No. of Shares | 171,390,103 | 10,453 |
% of Voted Shares | 99.9939 | 0.0061 |
Result | Accepted | |
6. Ordinary Resolution 6 |
||
Description |
To retain Y. Bhg. Dato' Eow Kwan Hoong as an independent non-executive Director of the Company. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 229 | 49 |
No. of Shares | 171,380,796 | 11,734 |
% of Voted Shares | 99.9932 | 0.0068 |
Result | Accepted | |
7. Ordinary Resolution 7 |
||
Description |
To approve the authority to Directors to issue and allot shares. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 220 | 57 |
No. of Shares | 171,258,320 | 142,036 |
% of Voted Shares | 99.9171 | 0.0829 |
Result | Accepted | |
8. Ordinary Resolution 8 |
||
Description |
To approve the proposed renewal of shareholders' mandate for recurrent related party transactions. |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 205 | 53 |
No. of Shares | 1,247,107 | 11,856 |
% of Voted Shares | 99.0583 | 0.9417 |
Result | Accepted | |