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 |
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1. Ordinary Resolution 1 |
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Description |
To approve the payment of Directors fees and benefits of RM132,000.00 for the financial year ending 31 August 2020. |
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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 |
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Description |
To re-elect Dato Seri Ong Choo Hoon retiring by rotation pursuant to the Company's Constitution |
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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 |
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Description |
To re-elect Mr Ong Seng Chye retiring by rotation pursuant to the Companys Constitution |
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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 |
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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. |
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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 |
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Description |
AUTHORITY TO ALLOT AND ISSUE SHARES |
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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 |
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Description |
PROPOSED RENEWAL OF SHAREHOLDERS MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE |
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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 |
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Description |
RETENTION OF INDEPENDENT NON-EXECUTIVE DIRECTORS - Madam Teoh Siew Tin |
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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 |
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Description |
RETENTION OF INDEPENDENT NON-EXECUTIVE DIRECTORS - Mr Saw Chin Eng |
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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.
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 |