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”)
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 |
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1. Ordinary Resolution 1 |
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Description |
To approve the payment of Directors Fees of up to RM69,000 for the financial year ended 31 December 2019. |
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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 |
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Description |
To re-elect Mr Mui Chung Meng as Director pursuant to Article102(1) of the Company's Constitution |
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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 |
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Description |
To re-elect Mr Wong Thai Sun as Director pursuant to Article 107(2) of the Company's Constitution |
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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 |
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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. |
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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 |
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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 |
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Description |
To retain Mr Loo Hooi Beng as an Independent Non-Executive Director |
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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 |
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Description |
Authority to Issue Shares |
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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 |
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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 |
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Description |
Proposed Renewal of Shareholders Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature (Proposed Shareholders Mandate) |
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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 |