ORNA

1.020

-0.01 (-1%)

GENERAL MEETINGS: Outcome of Meeting

ORNAPAPER BERHAD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 24 Jul 2020
Time 10:30 AM

Venue(s)
The Function Room 1, Level 2, Holiday Inn Melaka,

Jalan Syed Abdul Aziz,

75000 Melaka

Malaysia

Outcome of Meeting
The Board of Directors of Ornapaper Berhad (“ORNA” or “the Company”) wishes to announce that the shareholders of the Company have approved all the resolutions as set out in the Notice of the Eighteenth Annual General Meeting (“AGM”) dated 25 June 2020 at the Eighteenth AGM held on 24 July 2020.

All the resolutions were voted by poll at the Eighteenth AGM and the results were verified by the representative from Needsbridge Advisory Sdn. Bhd., the Independent Scrutineer appointed by the Company.

The details of the poll results are set out below. 

This announcement is dated 24 July 2020.

Voting Results


1. Resolution 1

Description
To approve the declaration and payment of a final single-tier dividend of 3.0 sen per ordinary share for the financial year ended 31 December 2019.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 23 0
No. of Shares 32,889,243 0
% of Voted Shares 100.0000 0.0000
Result Accepted

2. Resolution 2

Description
To approve the payment of Directors fees amounting to RM340,000/- from 25 July 2020 until the Nineteenth AGM of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 20 0
No. of Shares 32,730,243 0
% of Voted Shares 100.0000 0.0000
Result Accepted

3. Resolution 3

Description
To approve the payment of Directors benefits payable up to an amount of RM28,000/-, from 25 July 2020 until the Nineteenth AGM of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 20 0
No. of Shares 32,730,243 0
% of Voted Shares 100.0000 0.0000
Result Accepted

4. Resolution 4

Description
To re-elect Mr. Siow Kee Yen in accordance with Clause 120 of the Companys Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 23 0
No. of Shares 32,889,243 0
% of Voted Shares 100.0000 0.0000
Result Accepted

5. Resolution 5

Description
To re-elect Mr. Tan Chin Hwee in accordance with Clause 120 of the Companys Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 23 0
No. of Shares 32,889,243 0
% of Voted Shares 100.0000 0.0000
Result Accepted

6. Resolution 6

Description
To re-elect Mr. Sai Han Siong in accordance with Clause 120 of the Companys Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 23 0
No. of Shares 32,889,243 0
% of Voted Shares 100.0000 0.0000
Result Accepted

7. Resolution 7

Description
To re-appoint Messrs. Crowe Malaysia PLT as Auditors of the Company for the ensuing year and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 23 0
No. of Shares 32,889,243 0
% of Voted Shares 100.0000 0.0000
Result Accepted

8. Resolution 8

Description
Authority to Issue Shares pursuant to Sections 75 and 76 of the Companies Act 2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 23 0
No. of Shares 32,889,243 0
% of Voted Shares 100.0000 0.0000
Result Accepted

9. Resolution 9

Description
Retention of Datuk Adillah Binti Ahmad Nordin as an Independent Non-Executive Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 23 0
No. of Shares 32,889,243 0
% of Voted Shares 100.0000 0.0000
Result Accepted

10. Resolution 10

Description
Retention of Mr. Siow Kee Yen as an Independent Non-Executive Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 23 0
No. of Shares 32,889,243 0
% of Voted Shares 100.0000 0.0000
Result Accepted

11. Resolution 11

Description
Proposed Renewal of Existing Shareholders Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 17 0
No. of Shares 9,427,545 0
% of Voted Shares 100.0000 0.0000
Result Accepted

12. Resolution 12

Description
Proposed Renewal of Authority for the Company to Purchase Its Own Shares.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 23 0
No. of Shares 32,889,243 0
% of Voted Shares 100.0000 0.0000
Result Accepted






Announcement Info

Company Name ORNAPAPER BERHAD
Stock Name ORNA
Date Announced 24 Jul 2020
Category General Meeting
Reference Number GMA-23072020-00009
Corporate Action ID MY200723MEET0009