PIE

3.520

+0.02 (+0.6%)

GENERAL MEETINGS: Outcome of Meeting

P.I.E. INDUSTRIAL BERHAD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 30 Jun 2020
Time 09:00 AM

Venue(s)
Plot 4, Jalan Jalawat 1

Seberang Jaya Industrial Estate

13700 Prai

Penang

Malaysia

Outcome of Meeting

P.I.E. Industrial Berhad (“PIE” or “the Company”)

  • 23rd Annual General Meeting duly convened and held on 30 June 2020 (23rd AGM)

 

On behalf of the Board of Directors of PIE, we wish to inform that Commercial Quest Sdn Bhd was appointed by PIE as scrutineer to validate the votes cast at the AGM. 

 

Please be informed that a summary of the key matters discussed and deliberated at the AGM will be published at PIE’s corporate website within fourteen (14) days from the date of AGM.

 

The poll-voting results of the AGM are as follows.


Voting Results


1. Ordinary Resolution 1

Description
To approve the payment of Directors Fees of up to RM69,000 for the financial year ended 31 December 2019.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 30 0
No. of Shares 199,575,144 0
% of Voted Shares 100.0000 0.0000
Result Accepted

2. Ordinary Resolution 2

Description
To re-elect Mr Mui Chung Meng as Director pursuant to Article102(1) of the Company's Constitution
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 29 0
No. of Shares 199,575,044 0
% of Voted Shares 100.0000 0.0000
Result Accepted

3. Ordinary Resolution 3

Description
To re-elect Mr Wong Thai Sun as Director pursuant to Article 107(2) of the Company's Constitution
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 29 0
No. of Shares 199,575,044 0
% of Voted Shares 100.0000 0.0000
Result Accepted

4. Ordinary Resolution 4

Description
To approve the benefits payable (excluding Directors Fees) to the Non-Executive Directors up to an amount of RM60,000 from 1 July 2020 until the next Annual General Meeting (AGM) of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 30 0
No. of Shares 199,575,144 0
% of Voted Shares 100.0000 0.0000
Result Accepted

5. Ordinary Resolution 5

Description
To re-appoint Messrs. Grant Thornton 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 28 0
No. of Shares 199,465,144 0
% of Voted Shares 100.0000 0.0000
Result Accepted

6. Ordinary Resolution 6

Description
To retain Mr Loo Hooi Beng as an Independent Non-Executive Director
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 27 0
No. of Shares 199,455,144 0
% of Voted Shares 100.0000 0.0000
Result Accepted

7. Ordinary Resolution 7

Description
Authority to Issue Shares
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 27 0
No. of Shares 199,455,144 0
% of Voted Shares 100.0000 0.0000
Result Accepted

8. Ordinary Resolution 8

Description
Renewal of Authority to Purchase its own Shares
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 27 0
No. of Shares 199,455,144 0
% of Voted Shares 100.0000 0.0000
Result Accepted

9. Ordinary Resolution 9

Description
Proposed Renewal of Shareholders Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature (Proposed Shareholders Mandate)
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 25 0
No. of Shares 1,995,159 0
% of Voted Shares 100.0000 0.0000
Result Accepted



Please refer attachment below.




Announcement Info

Company Name P.I.E. INDUSTRIAL BERHAD
Stock Name PIE
Date Announced 30 Jun 2020
Category General Meeting
Reference Number GMA-23062020-00009
Corporate Action ID MY200623MEET0009