GENERAL MEETINGS: Outcome of Meeting
| PARAGON UNION BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 24 Jun 2020 |
| Time | 11:30 AM |
| Venue(s) |
Broadcast Venue at Conference Room, Third Floor, Regal House, No. 1, Jalan U-Thant, 55000 Kuala Lumpur Malaysia |
| Outcome of Meeting | The Board of Directors of Paragon Union Berhad (“the Company”) wishes to announce that the resolutions of the Twenty-Sixth Annual General Meeting (“AGM”) of the Company which conducted fully virtual at the Broadcast Venue at Conference Room, Third Floor, Regal House, No. 1, Jalan U-Thant, 55000 Kuala Lumpur on Wednesday, 24 June 2020 at 11.30 a.m. were voted by poll and the result of the poll are as per attachment.
This announcement is dated 24 June 2020. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To approve the Directors fees payable up to an amount of RM 192,000.00 for the financial year ending 31 December 2020. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 11 | 0 |
| No. of Shares | 40,769,294 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To re-elect Mr. Fung Beng Ee who is retiring as a Director of the Company in accordance with Clause 97 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 11 | 0 |
| No. of Shares | 40,769,294 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To re-appoint Messrs. Morison AAC PLT, the retiring Auditors and to authorise the Board of Directors to fix their remuneration. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 11 | 0 |
| No. of Shares | 40,769,294 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
Proposed Retention of Mr. Fung Beng Ee as Independent Non-Executive Director |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 11 | 0 |
| No. of Shares | 40,769,294 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
Proposed Retention of Mr. Lau Yoke Keen as Independent Non-Executive Director |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 11 | 0 |
| No. of Shares | 40,769,294 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
Authority for Directors to issue and allot shares in the Company pursuant to Section 76 of the Companies Act, 2016 |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 11 | 0 |
| No. of Shares | 40,769,294 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
Proposed Allocation of Scheme Shares to Madam Kong See Kuan |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 10 | 0 |
| No. of Shares | 8,828,200 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
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| Description |
Proposed Allocation of Scheme Shares to Mr. Lee Choon Hee |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 11 | 0 |
| No. of Shares | 40,769,294 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
9. Ordinary Resolution 9 |
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| Description |
Proposed Allocation of Scheme Shares to Mr. Fung Beng Ee |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 11 | 0 |
| No. of Shares | 40,769,294 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
10. Ordinary Resolution 10 |
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| Description |
Proposed Allocation of Scheme Shares to Mr. Lau Yoke Keen |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 11 | 0 |
| No. of Shares | 40,769,294 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | PARAGON UNION BERHAD |
| Stock Name | PARAGON |
| Date Announced | 24 Jun 2020 |
| Category | General Meeting |
| Reference Number | GMA-20062020-00004 |
| Corporate Action ID | MY200620MEET0004 |