PLB

1.050

(%)

GENERAL MEETINGS: Outcome of Meeting

PLB ENGINEERING BERHAD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 21 Jan 2020
Time 03:00 PM

Venue(s)
PLB Engineering Berhad,

3rd Floor, Training Room,

1320, Jalan Baru, Taman Chai Leng

13700, Prai, Penang

Malaysia

Outcome of Meeting

The Board of Directors of PLB Engineering Berhad ("PLB" or "the Company") wishes to announce that the resolutions as set out in Notice of Annual General Meeting (“AGM”)  of the Company dated 23 December 2019 were duly passed by the shareholders of the Company at the AGM held today.

 

All the resolutions were voted by poll and the results of the poll were validated by Value Creator Consultancy, the independent scrutineer appointed by the Company.

Please refer to the attachment for the poll results.

 

This announcement is dated 21 January 2020.


Voting Results


1. Ordinary Resolution 1

Description
To approve the payment of Directors fees and benefits of RM132,000.00 for the financial year ending 31 August 2020.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 24 0
No. of Shares 35,621,365 0
% of Voted Shares 100.0000 0.0000
Result Accepted

2. Ordinary Resolution 2

Description
To re-elect Dato Seri Ong Choo Hoon retiring by rotation pursuant to the Company's Constitution 
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 24 0
No. of Shares 35,621,365 0
% of Voted Shares 100.0000 0.0000
Result Accepted

3. Ordinary Resolution 3

Description
To re-elect Mr Ong Seng Chye retiring by rotation pursuant to the Companys Constitution  

Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 24 0
No. of Shares 35,621,365 0
% of Voted Shares 100.0000 0.0000
Result Accepted

4. Ordinary Resolution 4

Description
To re-appoint Messrs Grant Thornton as auditors of the Company until the conclusion of the next annual general meeting and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 24 0
No. of Shares 35,621,365 0
% of Voted Shares 100.0000 0.0000
Result Accepted

5. Ordinary Resolution 5

Description
AUTHORITY TO ALLOT AND ISSUE SHARES 
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 24 0
No. of Shares 35,621,365 0
% of Voted Shares 100.0000 0.0000
Result Accepted

6. Ordinary Resolution 6

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 12 0
No. of Shares 14,173,774 0
% of Voted Shares 100.0000 0.0000
Result Accepted

7. Ordinary Resolution 7

Description
RETENTION OF INDEPENDENT NON-EXECUTIVE DIRECTORS - Madam Teoh Siew Tin
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 21 3
No. of Shares 35,515,065 106,300
% of Voted Shares 99.7000 0.3000
Result Accepted

8. Ordinary Resolution 8

Description
RETENTION OF INDEPENDENT NON-EXECUTIVE DIRECTORS - Mr Saw Chin Eng 
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 23 1
No. of Shares 35,621,265 100
% of Voted Shares 99.9900 0.0100
Result Accepted



Please refer attachment below.

Attachments

PLB- AGM Outcomes.pdf
1.0 MB




Announcement Info

Company Name PLB ENGINEERING BERHAD
Stock Name PLB
Date Announced 21 Jan 2020
Category General Meeting
Reference Number GMA-17012020-00006
Corporate Action ID MY200117MEET0006