[PPB] General Meeting on 17-May-2024

Stock
[PPB]: PPB GROUP BHD
Announcement Date
18-Apr-2024
Reference No.
GMA-17042024-00025
Corporate Action ID
MY240417MEET0025
Type
General Meeting
Date & Time
17-May-2024 10:00
Depositor Date
08-May-2024
Venue
Sabah Room, B2 Level Shangri-La Kuala Lumpur 11 Jalan Sultan Ismail 50250 Kuala Lumpur
Description
Notice of the 55th Annual General Meeting
Notice of 55th AGM Admin guide and proxy form.pdf
Outcome

PPB Group Berhad wishes to announce that all the proposed resolutions set out in the Notice of the 55th Annual General Meeting ("AGM") of the Company dated 19 April 2024were duly passed at the AGM.

All the resolutions were voted by poll and the results of the poll were validated by Asia Securities Sdn Bhd, the independent scrutineer appointed by the Company.

Please refer to the attachment for the poll results.

Thisannouncement is dated 17 May 2024.

Voting Results

1. Ordinary Resolution 1

Description 
To approve the payment of a final dividend of 30 sen per share in respect of financial year ended 31 December 2023 as recommended by the Directors.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 610 0
No. of Shares 1,145,996,870 0
% of Voted Shares 100.0000 0.0000
Result Accepted

2. Ordinary Resolution 2

Description 
To approve an increase in Directors' fees amounting to RM1,274,151/- for the financial year ended 31 December 2023.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 587 7
No. of Shares 1,144,248,489 7,512
% of Voted Shares 99.9993 0.0007
Result Accepted

3. Ordinary Resolution 3

Description 
To approve the payment of benefits to Directors amounting to RM1,070,000/- for the period from 1 July 2024 to 30 June 2025.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 587 7
No. of Shares 1,144,229,375 7,028
% of Voted Shares 99.9994 0.0006
Result Accepted

4. Ordinary Resolution 4

Description 
To re-elect Mr Soh Chin Teck as a Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 460 159
No. of Shares 935,974,596 209,535,649
% of Voted Shares 81.7080 18.2920
Result Accepted

5. Ordinary Resolution 5

Description 
To re-appoint Ernst & Young PLT as auditors of the Company and authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 607 3
No. of Shares 1,145,994,830 2,040
% of Voted Shares 99.9998 0.0002
Result Accepted

6. Ordinary Resolution 6

Description 
To approve the continuation of Mr Soh Chin Teck as an independent director.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 488 131
No. of Shares 930,286,166 215,224,079
% of Voted Shares 81.2120 18.7890
Result Accepted

7. Ordinary Resolution 7

Description 
To approve the continuation of Encik Ahmad Riza bin Basir as an independent director.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 487 115
No. of Shares 930,090,569 213,502,428
% of Voted Shares 81.3310 18.6690
Result Accepted

8. Ordinary Resolution 8

Description 
To approve the payment of gratuity to the former Chairman of the Board of Directors of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 112 498
No. of Shares 805,674,619 336,306,251
% of Voted Shares 70.5510 29.4490
Result Accepted

9. Ordinary Resolution 9

Description 
To authorise the Directors to allot and issue shares.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 578 33
No. of Shares 960,809,165 185,187,705
% of Voted Shares 83.8410 16.1600
Result Accepted

10. Ordinary Resolution 10

Description 
To approve a shareholders mandate for recurrent related party transactions of a revenue or trading nature with persons connected with PGEO Group Sdn Bhd.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 607 2
No. of Shares 1,145,992,640 4,110
% of Voted Shares 99.9996 0.0004
Result Accepted

11. Ordinary Resolution 11

Description 
To approve the renewal of authority for PPB Group Berhad to purchase its own ordinary shares up to 10% of the issued shares.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 559 54
No. of Shares 985,836,850 160,097,480
% of Voted Shares 86.0290 13.9710
Result Accepted

Remark
-
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment