GENERAL MEETINGS: Outcome of Meeting
| PLB ENGINEERING BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 26 Jan 2022 |
| Time | 03:00 PM |
| Venue(s) |
PLB Engineering Berhad 3rd Floor, Training Room 1320, Jalan Baru, Taman Chai Leng 13700 Prai, Penang Malaysia |
| Outcome of Meeting | PLB Engineering Berhad ("PLB" or “the Company”) is pleased to announce that all the resolutions as set out in the Notice of the Twenty-Fifth Annual General Meeting (“25th AGM”) dated 31 December 2021 and were voted on poll at the physical 25th AGM of the Company held on 26 January 2022.
The results of the poll were verified by Value Creater Consultancy, the Independent Scrutineer appointed by the Company. The details of the poll results are set out in the table below.
This announcement is dated 26 January 2022. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To approve the payment of Directors fees and benefits of RM132,000.00 for the financial year ending 31 August 2022. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 30 | 0 |
| No. of Shares | 90,290,582 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To re-elect Dato Ong Guat Beng who retires pursuant to Article 111 of the Companys Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 30 | 0 |
| No. of Shares | 90,290,582 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To re-elect Mr Saw Chin Eng who retires pursuant to Article 111 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 29 | 1 |
| No. of Shares | 90,290,482 | 100 |
| % of Voted Shares | 99.9999 | 0.0001 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To re-appoint Messrs Grant Thornton Malaysia PLT as auditors of the Company until the conclusion of the next annual general meeting and to authorise the Directors to fix their remuneration. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 30 | 0 |
| No. of Shares | 90,290,582 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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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 | 0 |
| No. of Shares | 90,290,582 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
To approve the Proposed New and Renewal of Shareholders Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 15 | 0 |
| No. of Shares | 14,176,937 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
Retention of Madam Teoh Siew Tin as an Independent Non-Executive Director. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 29 | 1 |
| No. of Shares | 90,290,482 | 100 |
| % of Voted Shares | 99.9999 | 0.0001 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
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| Description |
Retention of Mr Saw Chin Eng as an Independent Non-Executive Director. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 29 | 1 |
| No. of Shares | 90,290,482 | 100 |
| % of Voted Shares | 99.9999 | 0.0001 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | PLB ENGINEERING BERHAD |
| Stock Name | PLB |
| Date Announced | 26 Jan 2022 |
| Category | General Meeting |
| Reference Number | GMA-25012022-00007 |
| Corporate Action ID | MY220125MEET0007 |