GENERAL MEETINGS: Outcome of Meeting
| PARAGON UNION BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 31 May 2021 |
| Time | 11:00 AM |
| Venue(s) |
Broadcast Venue at Board Room, Lot 14, Jalan Satu, Kawasan Perindustrian Cheras Jaya, Batu 11, Cheras, 43200 Selangor Darul Ehsan Malaysia |
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| Outcome of Meeting | The Board of Directors of Paragon Union Berhad (“the Company”) wishes to announce that the resolutions of the Twenty-Seventh Annual General Meeting (“AGM”) of the Company which conducted fully virtual at the Broadcast Venue at Board Room, Lot 14, Jalan Satu, Kawasan Perindustrian Cheras Jaya, Batu 11, Cheras, 43200 Selangor Darul Ehsan on Monday, 31 May 2021 at 11.00 a.m. were voted by poll and the result of the poll are as per attachment.
Details of the poll results for Ordinary Resolution 6 is as follows:
This announcement is dated 31 May 2021. |
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Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To approve the Directors' fees and benefits payable up to an amount of RM 320,000.00 for the financial year ending 31 December 2021. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 11 | 3 |
| No. of Shares | 43,051,384 | 2,010 |
| % of Voted Shares | 99.9953 | 0.0047 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To re-elect Mr. Lau Yoke Keen who is retiring as a Director of the Company in accordance with Clause 97 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 13 | 1 |
| No. of Shares | 43,052,394 | 1,000 |
| % of Voted Shares | 99.9977 | 0.0023 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To re-elect Mr. Koon Hoi Chun who is retiring as a Director of the Company in accordance with Clause 104 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 14 | 0 |
| No. of Shares | 43,053,394 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To re-elect Mr. Chan Weng Fui who is retiring as a Director of the Company in accordance with Clause 104 of the Company's Constitution. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 13 | 1 |
| No. of Shares | 43,052,394 | 1,000 |
| % of Voted Shares | 99.9977 | 0.0023 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To re-appoint Messrs. HLB AAC PLT (formerly known as Morison AAC PLT), the retiring 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 | 13 | 1 |
| No. of Shares | 43,052,394 | 1,000 |
| % of Voted Shares | 99.9977 | 0.0023 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
Proposed Retention of Mr. Fung Beng Ee as Independent Non-Executive Director. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 13 | 1 |
| No. of Shares | 43,052,394 | 1,000 |
| % of Voted Shares | 99.9977 | 0.0023 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
Proposed Retention of Mr. Lau Yoke Keen as Independent Non-Executive Director. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 13 | 1 |
| No. of Shares | 43,052,394 | 1,000 |
| % of Voted Shares | 99.9977 | 0.0023 |
| Result | Accepted | |
8. Special Resolution |
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| Description |
Proposed Amendments to the Constitution of the Company. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 13 | 1 |
| No. of Shares | 43,052,394 | 1,000 |
| % of Voted Shares | 99.9977 | 0.0023 |
| Result | Accepted | |
9. Ordinary Resolution 8 |
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| Description |
Authority for Directors to issue and allot shares in the Company pursuant to Sections 75 and 76 of the Companies Act, 2016. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 13 | 1 |
| No. of Shares | 43,052,394 | 1,000 |
| % of Voted Shares | 99.9977 | 0.0023 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | PARAGON UNION BERHAD |
| Stock Name | PARAGON |
| Date Announced | 31 May 2021 |
| Category | General Meeting |
| Reference Number | GMA-30052021-00001 |
| Corporate Action ID | MY210530MEET0001 |