[BPPLAS] General Meeting on 24-May-2024

Stock
[BPPLAS]: BP PLASTICS HOLDING BHD
Announcement Date
23-Apr-2024
Reference No.
GMA-23042024-00021
Corporate Action ID
MY240423MEET0020
Type
General Meeting
Date & Time
24-May-2024 09:00
Depositor Date
20-May-2024
Venue
To be held on a fully virtual basis hosted on Securities Services e-Portal at https://sshsb.net.my/ at Level 7, Menara Milenium, Jalan Damanlela, Pusat Bandar Damansara, Damansara Heights, 50490 Kuala Lumpur, Wilayah Persekutuan
Description
BP Plastics Holding Bhd - Notice of Twentieth Annual General Meeting
BPPLAS - Notice of 20th AGM and Admin Guide.pdf.pdf
Outcome
The Board of Directors of BP Plastics Holding Bhd is pleased to announce that all resolutions as set out in the Notice of the Twentieth Annual General Meeting ("20th AGM") of the Company dated 24 May 2024 were duly passed by the shareholders of the Company at the 20th AGM held today. 

The voting in respect of the resolutions were carried out by way of poll and the results of the poll were validated by Commercial Quest Sdn. Bhd., the independent scrutineers appointed by the Company. 

Details of the results of the polling in respect of all the resolutions at the 20th AGM are set out below. 

This announcement is dated 24 May 2024.

Voting Results

1. Ordinary Resolution 1

Description 
To re-elect Mr. Tan See Khim who is retiring pursuant to Clause 122 of the Company's Constitution and being eligible, has offered himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 101 9
No. of Shares 193,736,610 312,300
% of Voted Shares 99.8391 0.1609
Result Accepted

2. Ordinary Resolution 2

Description 
To re-elect Mr. Lim Kim Hock who is retiring pursuant to Clause 122 of the Company's Constitution and being eligible, has offered himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 101 9
No. of Shares 220,438,108 312,300
% of Voted Shares 99.8585 0.1415
Result Accepted

3. Ordinary Resolution 3

Description 
To re-elect Ms. Chuah Sue Yin who is retiring pursuant to Clause 122 of the Company's Constitution and being eligible, has offered himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 103 7
No. of Shares 220,716,708 33,700
% of Voted Shares 99.9847 0.0153
Result Accepted

4. Ordinary Resolution 4

Description 
To approve the payment of Directors fees of RM325,000 to the Non-Executive Directors of the Company for the financial year ending 31 December 2024.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 93 16
No. of Shares 220,675,555 52,353
% of Voted Shares 99.9763 0.0237
Result Accepted

5. Ordinary Resolution 5

Description 
To approve the payment of Directors benefits up to an amount of RM30,000 in aggregate to the Non-Executive Directors from 25 May 2024 until the next Annual General Meeting of the Company in 2025.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 93 16
No. of Shares 220,675,555 52,353
% of Voted Shares 99.9763 0.0237
Result Accepted

6. Ordinary Resolution 6

Description 
To re-appoint Crowe Malaysia PLT as Auditors of the Company for the ensuing year and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 103 7
No. of Shares 220,717,758 32,650
% of Voted Shares 99.9852 0.0148
Result Accepted

7. Ordinary Resolution 7

Description 
To approve the authority to issue and allot shares pursuant to the Companies Act 2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 90 20
No. of Shares 211,456,955 9,293,453
% of Voted Shares 95.7901 4.2099
Result Accepted

8. Ordinary Resolution 8 (Tier 1)

Description 
To approve the retention of Ms. Tan Ming-Li as Independent Non-Executive Director.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1 0
No. of Shares 121,500,000 0
% of Voted Shares 100.0000 0.0000
Result Accepted

9. Ordinary Resolution 8 (Tier 2)

Description 
To approve the retention of Ms. Tan Ming-Li as Independent Non-Executive Director.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 90 19
No. of Shares 89,603,758 9,646,650
% of Voted Shares 90.2805 9.7195
Result Accepted

10. Ordinary Resolution 9 (Tier 1)

Description 
To approve the retention of Mr. Tan Hock Hin as Independent Non-Executive Director.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 1 0
No. of Shares 121,500,000 0
% of Voted Shares 100.0000 0.0000
Result Accepted

11. Ordinary Resolution 9 (Tier 2)

Description 
To approve the retention of Mr. Tan Hock Hin as Independent Non-Executive Director.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 89 19
No. of Shares 89,581,258 9,646,650
% of Voted Shares 90.2783 9.7217
Result Accepted

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