GENERAL MEETINGS: Outcome of Meeting
| P.I.E. INDUSTRIAL BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 21 May 2021 |
| Time | 03:00 PM |
| Venue(s) |
Broadcast Venue: Plot 4, Jalan Jelawat 1 Seberang Jaya Industrial Estate 13700 Prai, Pulau Pinang Malaysia |
| Outcome of Meeting | P.I.E. Industrial Berhad ("PIB" or “the Company”) is pleased to announce that all the resolutions as set out in the Notice of the Twenty-Fourth Annual General Meeting (“24th AGM”) dated 22 April 2021 were voted on poll at the virtual 24th AGM of the Company held on 21 May 2021.
The results of the poll were verified by Commercial Quest Sdn Bhd, the Independent Scrutineer appointed by the Company. The details of the poll results are set out in the table below.
This announcement is dated 21 May 2021. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To approve the payment of a Special Single Tier Dividend of 2.6 sen per share for the financial year ended 31 December 2020. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 32 | 1 |
| No. of Shares | 202,230,833 | 1,000 |
| % of Voted Shares | 99.9995 | 0.0005 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To approve the payment of a First and Final Single Tier Dividend of 2.4 sen per share for the financial year ended 31 December 2020. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 32 | 1 |
| No. of Shares | 202,230,833 | 1,000 |
| % of Voted Shares | 99.9995 | 0.0005 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To approve the payment of Directors Fees of up to RM69,000.00 for the financial year ended 31 December 2020. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 32 | 1 |
| No. of Shares | 202,230,833 | 1,000 |
| % of Voted Shares | 99.9995 | 0.0005 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To re-elect Mr Loo Hooi Beng as Director pursuant to Article102(1) of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 30 | 3 |
| No. of Shares | 202,226,233 | 5,600 |
| % of Voted Shares | 99.9972 | 0.0028 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To re-elect Ms Koay San San as Director pursuant to Article102(1) of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 32 | 1 |
| No. of Shares | 202,230,833 | 1,000 |
| % of Voted Shares | 99.9995 | 0.0005 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
To re-elect Mr Lan, Kuo-Yi as Director pursuant to Article 107(2) of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 30 | 3 |
| No. of Shares | 202,230,734 | 1,099 |
| % of Voted Shares | 99.9995 | 0.0005 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
To approve the benefits payable (excluding Directors Fees) to the Non-Executive Directors up to an amount of RM60,000.00 from 1 June 2021 until the next Annual General Meeting of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 31 | 1 |
| No. of Shares | 202,215,833 | 1,000 |
| % of Voted Shares | 99.9995 | 0.0005 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
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| Description |
To re-appoint Messrs. Deloitte PLT as Auditors of the Company for the ensuing year and to authorize the Directors to fix their remuneration. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 32 | 1 |
| No. of Shares | 202,230,833 | 1,000 |
| % of Voted Shares | 99.9995 | 0.0005 |
| Result | Accepted | |
9. Ordinary Resolution 9 |
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| Description |
To retain Mr Loo Hooi Beng as an Independent Non-Executive Director. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 29 | 3 |
| No. of Shares | 202,211,233 | 5,600 |
| % of Voted Shares | 99.9972 | 0.0028 |
| Result | Accepted | |
10. Ordinary Resolution 10 |
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| Description |
To authorise Directors to allot and issue shares pursuant to Sections 75 & 76 of the Companies Act, 2016. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 30 | 3 |
| No. of Shares | 202,226,233 | 5,600 |
| % of Voted Shares | 99.9972 | 0.0028 |
| Result | Accepted | |
11. Ordinary Resolution 11 |
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| Description |
To approve the Proposed Renewal of Shareholders Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 29 | 1 |
| No. of Shares | 4,760,848 | 1,000 |
| % of Voted Shares | 99.9790 | 0.0210 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | P.I.E. INDUSTRIAL BERHAD |
| Stock Name | PIE |
| Date Announced | 21 May 2021 |
| Category | General Meeting |
| Reference Number | GMA-21052021-00019 |
| Corporate Action ID | MY210521MEET0018 |