FPI

2.610

-0.01 (-0.4%)

GENERAL MEETINGS: Outcome of Meeting

FORMOSA PROSONIC INDUSTRIES BERHAD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 25 Jun 2020
Time 10:00 AM

Venue(s)
Crown Hall, Level 1, Crystal Crown Harbour View

217 Persiaran Raja Muda Musa

42000 Port Klang

Selangor Darul Ehsan

Malaysia

Outcome of Meeting

The Board of Directors of Formosa Prosonic Industries Berhad ("the Company") wishes to announce that all resolutions as set out in the Notice of the 32nd Annual General Meeting ("AGM") of the Company dated 28 May 2020 and tabled at the said AGM held on 25 June 2020 were duly passed by the shareholders by way of poll. 

 

The results of the poll of the 32nd AGM of the Company were validated by Asia Securities Sdn Bhd, the independent Scrutineer appointed by the Company.

 

The results of the poll are set out in the attachment below.

 

This announcement is dated 25 June 2020.


Voting Results


1. Ordinary Resolution

Description
To approve the payment of Directors Fees in respect of the financial year ended 31 December 2019.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 62 1
No. of Shares 108,156,474 9,000
% of Voted Shares 99.9920 0.0080
Result Accepted

2. Ordinary Resolution

Description
To approve the payment of Directors benefits of up to RM1,200,000 for the financial period from 1 July 2020 to 30 June 2021.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 62 1
No. of Shares 108,156,474 9,000
% of Voted Shares 99.9920 0.0080
Result Accepted

3. Ordinary Resolution

Description
To re-elect Director retiring in accordance with Clause 117 of the Constitution of the Company - Mr Chen, Ching-Sen
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 58 2
No. of Shares 104,970,374 65,800
% of Voted Shares 99.9370 0.0630
Result Accepted

4. Ordinary Resolution

Description
To re-elect Director retiring in accordance with Clause 117 of the Constitution of the Company - Mr Leow Ing Seng
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 58 1
No. of Shares 104,970,374 56,800
% of Voted Shares 99.9460 0.0540
Result Accepted

5. Ordinary Resolution

Description
To re-elect Mr Koh Meng Ching, Director retiring in accordance with Clause 124 of the Constitution of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 57 1
No. of Shares 104,969,574 56,800
% of Voted Shares 99.9460 0.0540
Result Accepted

6. Ordinary Resolution

Description
To re-appoint 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 61 2
No. of Shares 108,155,674 65,800
% of Voted Shares 99.9390 0.0610
Result Accepted

7. Ordinary Resolution

Description
Authority to Allot and Issue Shares Pursuant to Sections 75 and 76 of the Companies Act
2016
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 62 2
No. of Shares 108,200,474 21,800
% of Voted Shares 99.9800 0.0200
Result Accepted

8. Ordinary Resolution

Description
Proposed Renewal of Authority for Share Buy-Back
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 62 1
No. of Shares 108,156,474 9,000
% of Voted Shares 99.9920 0.0080
Result Accepted

9. Ordinary Resolution

Description
Proposed Renewal of Shareholders Mandate for Recurrent Related Party Transactions of a
Revenue or Trading Nature
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 62 1
No. of Shares 38,953,274 9,000
% of Voted Shares 99.9770 0.0230
Result Accepted

10. Ordinary Resolution

Description
Retention of Independent Director in accordance with the Malaysian Code on Corporate Governance - Mr Leow Ing Seng
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 57 2
No. of Shares 104,969,574 65,800
% of Voted Shares 99.9370 0.0630
Result Accepted

11. Ordinary Resolution

Description
Retention of Independent Director in accordance with the Malaysian Code on Corporate Governance - Mr Lim Chung Yin
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 57 1
No. of Shares 104,969,574 56,800
% of Voted Shares 99.9460 0.0540
Result Accepted



Please refer attachment below.




Announcement Info

Company Name FORMOSA PROSONIC INDUSTRIES BERHAD
Stock Name FPI
Date Announced 25 Jun 2020
Category General Meeting
Reference Number GMA-25062020-00026
Corporate Action ID MY200625MEET0025