GENERAL MEETINGS: Outcome of Meeting
| FOUNDPAC GROUP BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 20 Nov 2025 |
| Time | 09:00 AM |
| Venue(s) |
Wembley Room 10, Level 9, The Wembley, A St Giles Hotel, Penang 183, Jalan Magazine, 10300 Penang Malaysia |
| Outcome of Meeting | 10TH ANNUAL GENERAL MEETING DULY CONVENED AND HELD ON 20 NOVEMBER 2025 (“the AGM”)
On behalf of the Board of Directors of FoundPac Group Berhad (the “Company” or “FPGROUP”), we wish to inform that:- a) Commercial Quest Sdn Bhd was appointed by FPGROUP as scrutineer to validate the votes cast at the AGM; b) all resolutions as set out in the Notice of the AGM of the Company dated 17 October 2025 were duly passed by the shareholders of the Company at the AGM held today.
There was no key matters being discussed at the 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 a Directors' Fee of up to RM171,600 for the period from 1 December 2025 until the next Annual General Meeting ("AGM") of the Company and payment of such Fee to the Non-Executive Directors.
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 27 | 4 |
| No. of Shares | 140,924,200 | 1,023,600 |
| % of Voted Shares | 99.2789 | 0.7211 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To approve the other benefits (excluding Directors' Fee) payable to Non-Executive Directors of up to RM146,900 for the period from 1 December 2025 until the next AGM of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 26 | 3 |
| No. of Shares | 140,903,140 | 795,900 |
| % of Voted Shares | 99.4383 | 0.5617 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To re-elect Dato' Ong Choon Heng, a Director retiring under Paragraph 102 of the Constitution of the Company and who, being eligible offer himself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 26 | 4 |
| No. of Shares | 139,541,900 | 2,395,900 |
| % of Voted Shares | 98.3120 | 1.6880 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To re-elect Mr. Lee Chun Wah, a Director retiring under Paragraph 102 of the Constitution of the Company and who, being eligible offer himself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 26 | 4 |
| No. of Shares | 140,898,140 | 796,000 |
| % of Voted Shares | 99.4382 | 0.5618 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To re-elect Ms. Joyce Wong Ai May, a Director retiring under Paragraph 107 of the Constitution of the Company and who, being eligible offer herself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 26 | 2 |
| No. of Shares | 140,895,140 | 790,900 |
| % of Voted Shares | 99.4418 | 0.5582 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
To re-elect Ms. Wong Wai Sam, a Director retiring under Paragraph 107 of the Constitution of the Company and who, being eligible offer herself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 27 | 2 |
| No. of Shares | 140,894,200 | 790,900 |
| % of Voted Shares | 99.4418 | 0.5582 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
To re-appoint Messrs. KPMG 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 | 30 | 1 |
| No. of Shares | 141,181,900 | 40 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
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| Description |
To approve the Authority to Issue Shares pursuant to the Companies Act 2016 and approvals from the relevant authorities where necessary. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 23 | 6 |
| No. of Shares | 140,881,500 | 802,200 |
| % of Voted Shares | 99.4338 | 0.5662 |
| Result | Accepted | |
9. Ordinary Resolution 9 |
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| Description |
To approve the Renewal of Authority to Purchase the Company's Own Shares. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 29 | 3 |
| No. of Shares | 141,170,900 | 767,940 |
| % of Voted Shares | 99.4590 | 0.5410 |
| Result | Accepted | |
Announcement Info
| Company Name | FOUNDPAC GROUP BERHAD |
| Stock Name | FPGROUP |
| Date Announced | 20 Nov 2025 |
| Category | General Meeting |
| Reference Number | GMA-19112025-00007 |
| Corporate Action ID | MY251119MEET0006 |