GENERAL MEETINGS: Outcome of Meeting
| SARAWAK OIL PALMS BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 25 Jun 2021 |
| Time | 10:00 AM |
| Venue(s) |
Broadcast Venue : Conference Room of Sarawak Oil Palms Berhad, 5th Floor, Lot 872 & 873, Block 16, Kuching Central Land District, Jalan Datuk Tawi Sli, 93250 Kuching, Sarawak Malaysia |
| Outcome of Meeting | The Board of Directors of Sarawak Oil Palms Berhad ("SOPB"or the "Company") wishes to announce that the resolutions as set out in the Notice of AGM dated 05 May 2021 were duly passed by the shareholders of the Company at the fully virtual 53rd Annual General Meeting of the Company held on 25 June 2021. The resolutions were voted by poll and the results of the poll were validated by Sky Corporate Services Sdn. Bhd., the independent scrutineer appointed by the Company. We wish to inform that Resolution No.7 – Re-election of Datuk Amar Haji Ahmad Tarmizi Bin Haji Sulaiman was withdrawn at the meeting. Datuk Amar Haji Ahmad Tarmizi Bin Haji Sulaiman who supposed to retire by rotation under Article 93 and 96 of the Company’s Constitution had tendered his resignation on 31 May 2021, after the issuance of the Notice of AGM on 5 May 2021. Resignation of Datuk Amar Haji Ahmad Tarmizi Bin Haji Sulaiman on 31 May 2021 was due to his retirement from his office with State Financial Secretary. This announcement is dated 25 June 2021. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To declare a Final Dividend in respect of the financial year ended 31 December 2020 as recommended by the Directors. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 104 | 3 |
| No. of Shares | 419,676,677 | 9,400 |
| % of Voted Shares | 99.9978 | 0.0022 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To approve payment of Directors fees in respect of the financial year ended 31 December 2020. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 88 | 15 |
| No. of Shares | 419,626,783 | 24,066 |
| % of Voted Shares | 99.9943 | 0.0057 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To approve the payment of Directors Fees for the financial year ending 31 December 2021, payable quarterly in arrears after each month of completed service of the Directors during the financial year. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 85 | 17 |
| No. of Shares | 419,379,583 | 51,266 |
| % of Voted Shares | 99.9878 | 0.0122 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To approve the payment of Directors benefit for the period from 1 January 2021 until the conclusion of the next Annual General Meeting. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 84 | 18 |
| No. of Shares | 419,373,883 | 56,966 |
| % of Voted Shares | 99.9864 | 0.0136 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To re-elect Directors who retire pursuant to Article 93, 96 and 100 of the Companys Constitution and being eligible, offer themselves for re-election :- Ling Chiong Sing |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 92 | 9 |
| No. of Shares | 419,336,549 | 58,100 |
| % of Voted Shares | 99.9861 | 0.0139 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
To re-elect Directors who retire pursuant to Article 93, 96 and 100 of the Companys Constitution and being eligible, offer themselves for re-election :- Dr. Lai Yew Hock, Dominic. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 87 | 15 |
| No. of Shares | 416,979,539 | 2,465,110 |
| % of Voted Shares | 99.4123 | 0.5877 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
To re-elect Directors who retire pursuant to Article 93, 96 and 100 of the Companys Constitution and being eligible, offer themselves for re-election :- Datuk Amar Haji Ahmad Tarmizi Bin Haji Sulaiman |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 0 | 0 |
| No. of Shares | 0 | 0 |
| % of Voted Shares | 0.0000 | 0.0000 |
| Result | Withdrawn/ Postponed | |
8. Ordinary Resolution 8 |
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| Description |
To re-elect Directors who retire pursuant to Article 93, 96 and 100 of the Companys Constitution and being eligible, offer themselves for re-election :- Fong Yoo Kaw @ Fong Yee Kow, Victor |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 90 | 11 |
| No. of Shares | 419,249,833 | 137,616 |
| % of Voted Shares | 99.9672 | 0.0328 |
| Result | Accepted | |
9. Ordinary Resolution 9 |
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| Description |
To appoint Messrs KPMG PLT as Auditors of the Company and to authorise the Board of Directors to fix their remuneration. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 96 | 8 |
| No. of Shares | 419,655,968 | 13,681 |
| % of Voted Shares | 99.9967 | 0.0033 |
| Result | Accepted | |
10. Ordinary Resolution 10 |
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| Description |
SPECIAL BUSINESS Continuation of terms in office of Dr. Lai Yew Hock, Dominic as Independent Non-Executive Director |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 4 | 0 |
| No. of Shares | 202,835,500 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
11. Ordinary Resolution 11 |
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| Description |
Proposed Renewal and New Shareholders Mandate for Recurrent Related Party Transactions of a revenue of trading nature |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 89 | 8 |
| No. of Shares | 216,710,916 | 13,102 |
| % of Voted Shares | 99.9940 | 0.0060 |
| Result | Accepted | |
12. Ordinary Resolution 12 |
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| Description |
Approval to issue and allot shares pursuant to Sections 75 and 76 of the Companies Act 2016 |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 88 | 16 |
| No. of Shares | 419,614,080 | 55,569 |
| % of Voted Shares | 99.9868 | 0.0132 |
| Result | Accepted | |
13. Ordinary Resolution 10 - Tier 2 |
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| Description |
SPECIAL BUSINESS Continuation of terms in office of Dr. Lai Yew Hock, Dominic as Independent Non-Executive Director |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 86 | 13 |
| No. of Shares | 214,390,749 | 2,438,400 |
| % of Voted Shares | 98.8754 | 1.1246 |
| Result | Accepted | |
Announcement Info
| Company Name | SARAWAK OIL PALMS BERHAD |
| Stock Name | SOP |
| Date Announced | 25 Jun 2021 |
| Category | General Meeting |
| Reference Number | GMA-25062021-00021 |
| Corporate Action ID | MY210625MEET0015 |