PRG

0.140

-0.005 (-3.4%)

GENERAL MEETINGS: Outcome of Meeting

PRG HOLDINGS BERHAD

Type of Meeting	General
Indicator	Outcome of Meeting
Date of Meeting	29 Jun 2020
Time	10:00 AM

Venue(s)

Arista, Level 3, Hotel Armada Petaling Jaya

Lot 6, Lorong Utara C, Section 52

46200 Petaling Jaya

Selangor Darul Ehsan

Malaysia

Outcome of Meeting

The Board of Directors of PRG Holdings Berhad ("PRG" or "the Company") is pleased to announce that all the ordinary resolutions set out in the Notice of Nineteenth Annual General Meeting were duly passed by the shareholders of the Company at the said Annual General Meeting held on 29 June 2020. 

Details of the results of the poll which were validated by Law Corporate Services Sdn Bhd, the Independent Scrutineer appointed by the Company, are attached herewith. 

This announcement is dated 29 June 2020.

Voting Results

1. Ordinary Resolution 1
Description	To approve the payment of Directors' fees and benefits payable to the Non-Executive Directors up to RM314,000 from 30 June 2020 until the next AGM of the Company
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	23	1
No. of Shares	164,512,780	543,100
% of Voted Shares	99.6710	0.3290
Result	Accepted

2. Ordinary Resolution 2
Description	To re-elect Dato' Wee Cheng Kwan who retires in accordance with Article 92 of the Company's Constitution
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	23	1
No. of Shares	164,512,780	543,100
% of Voted Shares	99.6710	0.3290
Result	Accepted

3. Ordinary Resolution 3
Description	To re-elect Mr Lim Chee Hoong who retires in accordance with Article 92 of the Company's Constitution
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	23	1
No. of Shares	164,512,780	543,100
% of Voted Shares	99.6710	0.3290
Result	Accepted

4. Ordinary Resolution 4
Description	To re-elect Mr Ng Tzee Penn who retires in accordance with Article 99 of the Company's Constitution
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	24	0
No. of Shares	165,055,880	0
% of Voted Shares	100.0000	0.0000
Result	Accepted

5. Ordinary Resolution 5
Description	To re-elect Mr Ji Haitao who retires in accordance with Article 99 of the Company's Constitution
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	23	1
No. of Shares	164,512,780	543,100
% of Voted Shares	99.6710	0.3290
Result	Accepted

6. Ordinary Resolution 6
Description	To re-appoint BDO PLT as the Company's Auditors 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	165,055,880	0
% of Voted Shares	100.0000	0.0000
Result	Accepted

7. Ordinary Resolution 7 - Tier 1
Description	To retain Mr Lim Chee Hoong as Independent Non-Executive Director
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	2	0
No. of Shares	27,587,600	0
% of Voted Shares	100.0000	0.0000
Result	Accepted

8. Ordinary Resolution 7 - Tier 2
Description	To retain Mr Lim Chee Hoong as Independent Non-Executive Director
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	22	0
No. of Shares	137,468,280	0
% of Voted Shares	100.0000	0.0000
Result	Accepted

9. Ordinary Resolution 8
Description	Authority for the Directors to issue shares
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	24	0
No. of Shares	165,055,880	0
% of Voted Shares	100.0000	0.0000
Result	Accepted

Announcement Info

Company Name	PRG HOLDINGS BERHAD
Stock Name	PRG
Date Announced	29 Jun 2020
Category	General Meeting
Reference Number	GMA-27062020-00004
Corporate Action ID	MY200627MEET0004