GENERAL MEETINGS: Outcome of Meeting
| UPA CORPORATION BHD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 25 Jun 2021 |
| Time | 11:00 AM |
| Venue(s) |
Broadcast Venue at Lot 8228, 6.5 Miles, Jalan Kuchai Lama, 58200 Kuala Lumpur Malaysia |
| Outcome of Meeting | UPA Corporation Bhd. (“Company”) wishes to inform that at the 25th Annual General Meeting ("25th AGM") of the Company held on Friday, 25 June 2021:
1. the Audited Financial Statements for the financial year ended 31 December 2020 together with the reports of the Directors and Auditors thereon, were properly laid and received by the members present at the 25th AGM; and
2. all the resolutions set forth in the Notice of 25th AGM were duly passed by way of poll.
The poll results at the 25th AGM were verified by M/s SLCC Networks Sdn. Bhd., the Independent Scrutineers appointed by the Company pursuant to Paragraph 8.29A(2) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad. Please refer to the attachment for the details of the poll results.
This announcement is dated 25 June 2021.
Note: On the broadcast venue, kindly refer to the Bursa announcement made on 18 June 2021, with the subject of "Change of Broadcast Venue of the 25th Annual General Meeting of the Company ("25th AGM") to Online Meeting Platform", for your kind reference.
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Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To approve the payment of a Final Single Tier Dividend of 7 sen per share in respect of the financial year ended 31 December 2020. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 26 | 0 |
| No. of Shares | 42,829,559 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To approve the payment of Directors' fees of RM220,000.00 for the financial year ended 31 December 2020. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 19 | 8 |
| No. of Shares | 42,827,551 | 2,128 |
| % of Voted Shares | 99.9950 | 0.0050 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To approve the Directors' benefits of up to RM100,000.00 with effect from 26 June 2021 until the next Annual General Meeting of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 21 | 6 |
| No. of Shares | 42,827,857 | 1,827 |
| % of Voted Shares | 99.9957 | 0.0043 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To re-elect Mr. Kok Kam Moi, the Director who retires in accordance with Clause 86.1 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 28 | 0 |
| No. of Shares | 42,806,687 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To re-elect Mr. Ong Whee Sen, the Director who retires in accordance with Clause 86.1 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 27 | 2 |
| No. of Shares | 42,829,681 | 6 |
| % of Voted Shares | 99.9999 | 0.0001 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
To re-elect Ms. Ma Pin Yen, the Director who retires in accordance with Clause 86.1 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 27 | 2 |
| No. of Shares | 42,829,775 | 6 |
| % of Voted Shares | 99.9999 | 0.0001 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
To re-elect Mr. Cheah Tek Kuang, the Director who retires in accordance with Clause 85.3 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 27 | 3 |
| No. of Shares | 42,829,481 | 306 |
| % of Voted Shares | 99.9993 | 0.0007 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
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| Description |
To re-appoint Messrs. Baker Tilly Monteiro Heng PLT as Auditors of the Company for the ensuing year and to authorise the Directors to fix their remuneration. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 29 | 2 |
| No. of Shares | 42,829,881 | 6 |
| % of Voted Shares | 99.9999 | 0.0001 |
| Result | Accepted | |
9. Ordinary Resolution 9 |
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| Description |
Approval for Allotment of shares or Grant of rights. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 26 | 5 |
| No. of Shares | 42,829,460 | 427 |
| % of Voted Shares | 99.9990 | 0.0010 |
| Result | Accepted | |
10. Ordinary Resolution 10 |
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| Description |
Proposed Share Buy-Back. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 25 | 1 |
| No. of Shares | 42,829,464 | 1 |
| % of Voted Shares | 99.9999 | 0.0001 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | UPA CORPORATION BHD |
| Stock Name | UPA |
| Date Announced | 25 Jun 2021 |
| Category | General Meeting |
| Reference Number | GMA-25062021-00013 |
| Corporate Action ID | MY210625MEET0011 |