LPI

12.140

-0.16 (-1.3%)

GENERAL MEETINGS: Outcome of Meeting

LPI CAPITAL BHD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 31 Mar 2021
Time 11:00 AM

Venue(s)
Broadcast Venue at

29th Floor, Menara Public Bank,

146 Jalan Ampang, 50450 Kuala Lumpur

Malaysia

Outcome of Meeting

The Board of Directors of LPI Capital Bhd (LPI or the Company) is pleased to announce that all the resolutions as set out in the Notice of 60th Annual General Meeting (AGM) of the Company dated 3 March 2021 were duly approved by the shareholders of the Company by way of poll, at the 60th AGM held today. The results of the poll were validated by Deloitte Risk Advisory Sdn Bhd, the independent scrutineer appointed by the Company.

 

The detailed results of the poll are set out in the attachment.

 

This announcement is dated 31 March 2021.


Voting Results


1. Ordinary Resolution 1

Description
To re-elect Tan Sri Dato' Sri Dr. Teh Hong Piow who retires by rotation in accordance with Clause 94 of the Company's Constitution and who being eligible, offer himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 564 50
No. of Shares 288,003,488 158,462
% of Voted Shares 99.9450 0.0550
Result Accepted

2. Ordinary Resolution 2

Description
To re-elect Mr. Tee Choon Yeow who retires by rotation in accordance with Clause 94 of the Company's Constitution and who being eligible, offer himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 545 67
No. of Shares 281,865,927 10,739,583
% of Voted Shares 96.3297 3.6703
Result Accepted

3. Ordinary Resolution 3

Description
To re-elect Dato' Chia Lee Kee who retires in accordance with Clause 99 of the Company's Constitution and who being eligible, offer herself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 565 49
No. of Shares 293,644,057 136,453
% of Voted Shares 99.9536 0.0464
Result Accepted

4. Ordinary Resolution 4

Description
To approve the payment of Directors' Fees of RM1,430,000 for the financial year ended 31 December 2020.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 539 64
No. of Shares 284,231,235 43,955
% of Voted Shares 99.9845 0.0155
Result Accepted

5. Ordinary Resolution 5

Description
To approve the payment of Directors' Benefit on Allowances for Directors amounting to RM271,500 for the financial year ended 31 December 2020.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 530 78
No. of Shares 284,148,250 150,260
% of Voted Shares 99.9471 0.0529
Result Accepted

6. Ordinary Resolution 6

Description
To approve the Directors' Benefit on Insurance Coverage for Non-Executive Directors from 60th AGM to 61st AGM of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 535 72
No. of Shares 284,595,532 55,578
% of Voted Shares 99.9805 0.0195
Result Accepted

7. Ordinary Resolution 7

Description
To re-appoint Messrs. KPMG PLT as Auditors of the Company for the financial year ending 31 December 2021 and to authorise the Directors to fix the Auditors' remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 566 48
No. of Shares 293,569,503 214,087
% of Voted Shares 99.9271 0.0729
Result Accepted



Please refer attachment below.




Announcement Info

Company Name LPI CAPITAL BHD
Stock Name LPI
Date Announced 31 Mar 2021
Category General Meeting
Reference Number GMA-30032021-00001
Corporate Action ID MY210330MEET0001