GENERAL MEETINGS: Outcome of Meeting
| SARAWAK OIL PALMS BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 15 Jul 2020 |
| Time | 10:00 AM |
| Venue(s) |
THE CONFERENCE ROOM OF IMPERIAL HOTEL, JALAN POS, 98000, MIRI, SARAWAK Malaysia |
| Outcome of Meeting | The Board of Directors of Sarawak Oil Palms Berhad ("SOPB"or the "Company") wishes to announce that the resolutions as set out in the Notice of AGM dated 17 June 2020 were duly passed by the shareholders of the Company at the 52nd Annual General Meeting of the Company held on 15 July 2020.
All the resolutions were voted by poll and the results of the poll were validated by Malaysian Issuing House Sdn. Bhd., the independent scrutineer appointed by the Company.
Please refer to the attachment for the poll results.
This announcement is dated 15 July 2020. |
Voting Results |
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1. RESOLUTION 1 |
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| Description |
Declaration of Final Dividend |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 49 | 0 |
| No. of Shares | 446,642,109 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
2. RESOLUTION 2 |
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| Description |
Approval of Directors' fees for financial year ended 31 December 2019 |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 49 | 0 |
| No. of Shares | 446,642,109 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
3. RESOLUTION 3 |
||
| Description |
Approval of Directors' fees for financial year ended 31 December 2020 payable on quarterly in arrears. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 45 | 3 |
| No. of Shares | 444,541,541 | 71,411 |
| % of Voted Shares | 99.9839 | 0.0161 |
| Result | Accepted | |
4. RESOLUTION 4 |
||
| Description |
Approval of Directors Benefits for the period from 1 January 2020 until the conclusion of the next Annual General Meeting |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 45 | 3 |
| No. of Shares | 444,541,541 | 71,411 |
| % of Voted Shares | 99.9839 | 0.0161 |
| Result | Accepted | |
5. RESOLUTION 5 |
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| Description |
Re-election of retiring director: Tan Sri Datuk Ling Chiong Ho |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 40 | 5 |
| No. of Shares | 404,477,041 | 88,311 |
| % of Voted Shares | 99.9781 | 0.0218 |
| Result | Accepted | |
6. RESOLUTION 6 |
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| Description |
Re-election of retiring director: Ling Lu Kuang |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 28 | 20 |
| No. of Shares | 443,675,609 | 937,343 |
| % of Voted Shares | 99.7892 | 0.2108 |
| Result | Accepted | |
7. RESOLUTION 7 |
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| Description |
Re-election of retiring director: Chua Chen San |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 46 | 3 |
| No. of Shares | 446,486,409 | 155,700 |
| % of Voted Shares | 99.9651 | 0.0349 |
| Result | Accepted | |
8. RESOLUTION 8 |
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| Description |
Appointment of Auditors |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 48 | 1 |
| No. of Shares | 446,597,898 | 44,211 |
| % of Voted Shares | 99.9901 | 0.0099 |
| Result | Accepted | |
9. RESOLUTION 9 |
||
| Description |
SPECIAL BUSINESSES Continuation of terms in office of Dr. Lai Yew Hock, Dominic as Independent Non-Executive Director |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 11 | 0 |
| No. of Shares | 429,379,970 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
10. RESOLUTION 10 |
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| Description |
SPECIAL BUSINESSES Proposed Renewal and New Shareholders' Mandate for Recurrent Related Party Transactions of a revenue of trading nature |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 39 | 1 |
| No. of Shares | 175,338,208 | 2,464,400 |
| % of Voted Shares | 98.6140 | 1.3860 |
| Result | Accepted | |
11. SPECIAL RESOLUTION 1 |
||
| Description |
Proposed Adoption of the New Constitution of the Company |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 49 | 0 |
| No. of Shares | 446,642,109 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
12. RESOLUTION 9 (Tier 2) |
||
| Description |
SPECIAL BUSINESSES Continuation of terms in office of Dr. Lai Yew Hock, Dominic as Independent Non-Executive Director |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 33 | 4 |
| No. of Shares | 12,697,171 | 2,535,811 |
| % of Voted Shares | 83.3532 | 16.6468 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | SARAWAK OIL PALMS BERHAD |
| Stock Name | SOP |
| Date Announced | 15 Jul 2020 |
| Category | General Meeting |
| Reference Number | GMA-15072020-00011 |
| Corporate Action ID | MY200715MEET0011 |