GENERAL MEETINGS: Outcome of Meeting
PACIFIC & ORIENT BERHAD |
Type of Meeting | General |
Indicator | Outcome of Meeting |
Date of Meeting | 10 Mar 2021 |
Time | 10:30 AM |
Venue(s) |
Broadcast Venue Conference Room, 17th Floor, Wisma Bumi Raya, No. 10, Jalan Raja Laut, 50350 Kuala Lumpur, Malaysia |
Outcome of Meeting | The Board of Directors of Pacific & Orient Berhad ("the Company") is pleased to announce that the resolutions as set out in the Notice of 27th Annual General Meeting dated 29 January 2021 were duly passed by way of poll at the 27th Annual General Meeting held on 10 March 2021.
The results were validated by Cygnus IT Solutions PLT, the Independent Scrutineer appointed by the Company.
This announcement is dated 10 March 2021. |
Voting Results |
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1. Ordinary Resolution 1 |
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Description |
To approve the Directors' fees payable to the Non-Executive Directors of the Company up to an amount of RM600,000 from the day after the 27th Annual General Meeting until the next Annual General Meeting of the Company |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 81 | 9 |
No. of Shares | 171,420,229 | 18,903 |
% of Voted Shares | 99.9890 | 0.0110 |
Result | Accepted | |
2. Ordinary Resolution 2 |
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Description |
To approve the Directors' benefits and meeting allowance payable to the Non-Executive Directors of the Company up to an amount of RM100,000 from the day after the 27th Annual General Meeting until the next Annual General Meeting of the Company |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 77 | 13 |
No. of Shares | 171,414,644 | 24,488 |
% of Voted Shares | 99.9857 | 0.0143 |
Result | Accepted | |
3. Ordinary Resolution 3 |
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Description |
To re-elect Mr. Chan Hua Eng who retires as a Director of the Company pursuant to Article 77 of the Constitution of the Company |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 84 | 5 |
No. of Shares | 171,100,248 | 7,320 |
% of Voted Shares | 99.9957 | 0.0043 |
Result | Accepted | |
4. Ordinary Resolution 4 |
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Description |
To re-elect Dato' Dr. Zaha Rina binti Zahari who retires as a Director of the Company pursuant to Article 77 of the Constitution of the Company |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 81 | 7 |
No. of Shares | 170,431,736 | 7,330 |
% of Voted Shares | 99.9957 | 0.0043 |
Result | Accepted | |
5. Ordinary Resolution 5 |
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Description |
To re-appoint Messrs. Ernst & Young PLT as Auditors and to authorise the Board of Directors to fix their remuneration |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 86 | 4 |
No. of Shares | 171,432,123 | 7,009 |
% of Voted Shares | 99.9959 | 0.0041 |
Result | Accepted | |
6. Ordinary Resolution 6 |
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Description |
Authority to allot and issue shares pursuant to Sections 75 & 76 of the Companies Act 2016 |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 82 | 8 |
No. of Shares | 171,414,340 | 24,792 |
% of Voted Shares | 99.9855 | 0.0145 |
Result | Accepted | |
7. Ordinary Resolution 7 |
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Description |
Proposed Renewal of authority for the purchase by the Company of its own shares |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 87 | 3 |
No. of Shares | 171,432,083 | 7,049 |
% of Voted Shares | 99.9959 | 0.0041 |
Result | Accepted | |
8. Ordinary Resolution 8 |
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Description |
To retain Mr. Michael Yee Kim Shing as Independent Director - Tier 1 |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 19 | 0 |
No. of Shares | 166,801,752 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
9. Ordinary Resolution 8 |
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Description |
To retain Mr. Michael Yee Kim Shing as Independent Director - Tier 2 |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 63 | 6 |
No. of Shares | 4,340,465 | 62,582 |
% of Voted Shares | 98.5787 | 1.4213 |
Result | Accepted | |
10. Ordinary Resolution 9 |
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Description |
To retain Tunku Dato' Mu'tamir bin Tunku Tan Sri Mohamed as Independent Director - Tier 1 |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 19 | 0 |
No. of Shares | 166,801,752 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
11. Ordinary Resolution 9 |
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Description |
To retain Tunku Dato' Mu'tamir bin Tunku Tan Sri Mohamed as Independent Director - Tier 2 |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 60 | 9 |
No. of Shares | 4,340,405 | 62,642 |
% of Voted Shares | 98.5773 | 1.4227 |
Result | Accepted | |
Please refer attachment below.
Announcement Info
Company Name | PACIFIC & ORIENT BERHAD |
Stock Name | P&O |
Date Announced | 10 Mar 2021 |
Category | General Meeting |
Reference Number | GMA-08032021-00005 |
Corporate Action ID | MY210308MEET0005 |