GENERAL MEETINGS: Outcome of Meeting
| FORMOSA PROSONIC INDUSTRIES BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 25 Jun 2020 |
| Time | 10:00 AM |
| Venue(s) |
Crown Hall, Level 1, Crystal Crown Harbour View 217 Persiaran Raja Muda Musa 42000 Port Klang Selangor Darul Ehsan Malaysia |
| Outcome of Meeting | The Board of Directors of Formosa Prosonic Industries Berhad ("the Company") wishes to announce that all resolutions as set out in the Notice of the 32nd Annual General Meeting ("AGM") of the Company dated 28 May 2020 and tabled at the said AGM held on 25 June 2020 were duly passed by the shareholders by way of poll.
The results of the poll of the 32nd AGM of the Company were validated by Asia Securities Sdn Bhd, the independent Scrutineer appointed by the Company.
The results of the poll are set out in the attachment below.
This announcement is dated 25 June 2020. |
Voting Results |
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1. Ordinary Resolution |
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| Description |
To approve the payment of Directors Fees in respect of the financial year ended 31 December 2019. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 62 | 1 |
| No. of Shares | 108,156,474 | 9,000 |
| % of Voted Shares | 99.9920 | 0.0080 |
| Result | Accepted | |
2. Ordinary Resolution |
||
| Description |
To approve the payment of Directors benefits of up to RM1,200,000 for the financial period from 1 July 2020 to 30 June 2021. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 62 | 1 |
| No. of Shares | 108,156,474 | 9,000 |
| % of Voted Shares | 99.9920 | 0.0080 |
| Result | Accepted | |
3. Ordinary Resolution |
||
| Description |
To re-elect Director retiring in accordance with Clause 117 of the Constitution of the Company - Mr Chen, Ching-Sen |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 58 | 2 |
| No. of Shares | 104,970,374 | 65,800 |
| % of Voted Shares | 99.9370 | 0.0630 |
| Result | Accepted | |
4. Ordinary Resolution |
||
| Description |
To re-elect Director retiring in accordance with Clause 117 of the Constitution of the Company - Mr Leow Ing Seng |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 58 | 1 |
| No. of Shares | 104,970,374 | 56,800 |
| % of Voted Shares | 99.9460 | 0.0540 |
| Result | Accepted | |
5. Ordinary Resolution |
||
| Description |
To re-elect Mr Koh Meng Ching, Director retiring in accordance with Clause 124 of the Constitution of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 57 | 1 |
| No. of Shares | 104,969,574 | 56,800 |
| % of Voted Shares | 99.9460 | 0.0540 |
| Result | Accepted | |
6. Ordinary Resolution |
||
| Description |
To re-appoint BDO PLT as the Auditors of the Company and to authorise the Directors to fix their remuneration. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 61 | 2 |
| No. of Shares | 108,155,674 | 65,800 |
| % of Voted Shares | 99.9390 | 0.0610 |
| Result | Accepted | |
7. Ordinary Resolution |
||
| Description |
Authority to Allot and Issue Shares Pursuant to Sections 75 and 76 of the Companies Act 2016 |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 62 | 2 |
| No. of Shares | 108,200,474 | 21,800 |
| % of Voted Shares | 99.9800 | 0.0200 |
| Result | Accepted | |
8. Ordinary Resolution |
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| Description |
Proposed Renewal of Authority for Share Buy-Back |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 62 | 1 |
| No. of Shares | 108,156,474 | 9,000 |
| % of Voted Shares | 99.9920 | 0.0080 |
| Result | Accepted | |
9. Ordinary Resolution |
||
| 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 | 62 | 1 |
| No. of Shares | 38,953,274 | 9,000 |
| % of Voted Shares | 99.9770 | 0.0230 |
| Result | Accepted | |
10. Ordinary Resolution |
||
| Description |
Retention of Independent Director in accordance with the Malaysian Code on Corporate Governance - Mr Leow Ing Seng |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 57 | 2 |
| No. of Shares | 104,969,574 | 65,800 |
| % of Voted Shares | 99.9370 | 0.0630 |
| Result | Accepted | |
11. Ordinary Resolution |
||
| Description |
Retention of Independent Director in accordance with the Malaysian Code on Corporate Governance - Mr Lim Chung Yin |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 57 | 1 |
| No. of Shares | 104,969,574 | 56,800 |
| % of Voted Shares | 99.9460 | 0.0540 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | FORMOSA PROSONIC INDUSTRIES BERHAD |
| Stock Name | FPI |
| Date Announced | 25 Jun 2020 |
| Category | General Meeting |
| Reference Number | GMA-25062020-00026 |
| Corporate Action ID | MY200625MEET0025 |