GENERAL MEETINGS: Outcome of Meeting
| BP PLASTICS HOLDING BHD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 10 Aug 2020 |
| Time | 03:00 PM |
| Venue(s) |
Opal Room, Level M, The Katerina Hotel, 8 Jalan Zabedah, 83000 Batu Pahat, Johor Darul Takzim Malaysia |
| Outcome of Meeting | The Board of Directors of BP Plastics Holding Bhd is pleased to announce that all resolutions as set out in the Notice of the Sixteenth Annual General Meeting ("16th AGM") of the Company dated 10 August 2020 were duly passed by the shareholders of the Company at the 16th 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 16th AGM are set out below.
This announcement is dated 10 August 2020. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To re-elect Mr. Lim Chun Yow 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 | 27 | 0 |
| No. of Shares | 134,490,100 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To re-elect Mr. Tan Hock Hin 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 | 26 | 0 |
| No. of Shares | 134,475,100 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To approve the payment of Directors' fees of RM252,000 for the financial year ending 31 December 2020. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 26 | 0 |
| No. of Shares | 134,475,100 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To approve the payment of Directors' benefits up to an amount of RM30,000 in aggregate to the Non-Executive Directors from 11 August 2020 until the next Annual General Meeting of the Company in 2021. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 26 | 0 |
| No. of Shares | 134,475,100 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To re-appoint Messrs. 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 | 27 | 0 |
| No. of Shares | 134,490,100 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| 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 | 27 | 0 |
| No. of Shares | 134,490,100 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
To approve the retention of Mr. Lim Kim Hock as Independent Non-Executive Director. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 1 | 0 |
| No. of Shares | 81,000,000 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
8. Ordinary Resolution 7 (Tier 2) |
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| Description |
To approve the retention of Mr. Lim Kim Hock as Independent Non-Executive Director. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 26 | 0 |
| No. of Shares | 53,490,100 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
Announcement Info
| Company Name | BP PLASTICS HOLDING BHD |
| Stock Name | BPPLAS |
| Date Announced | 10 Aug 2020 |
| Category | General Meeting |
| Reference Number | GMA-06082020-00015 |
| Corporate Action ID | MY200806MEET0015 |