PIE

3.060

-0.08 (-2.5%)

GENERAL MEETINGS: Outcome of Meeting

P.I.E. INDUSTRIAL BERHAD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 20 May 2022
Time 09:00 AM

Venue(s)
Meeting Room 1, Level 1, Ixora Hotel,

Jalan Baru, Bandar Perai Jaya

13600 Perai, Penang

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-Fifth Annual General Meeting (“25th AGM”) dated  21 April 2022 were voted on poll at the 25th AGM of the Company held on 20 May 2022.

 

The results of the poll were verified by Symphony Corporate Service 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 20 May 2022. 


Voting Results


1. Ordinary Resolution 1

Description
To approve the payment of Directors Fees of up to RM81,000.00 for the
financial year ended 31 December 2021.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 46 0
No. of Shares 227,115,297 0
% of Voted Shares 100.0000 0.0000
Result Accepted

2. Ordinary Resolution 2

Description
To approve the benefits payable (excluding Directors Fees) to the Non-Executive
Directors up to an amount of RM35,200.00 from 1 June 2022 until the next Annual General Meeting (AGM) of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 47 0
No. of Shares 227,202,297 0
% of Voted Shares 100.0000 0.0000
Result Accepted

3. Ordinary Resolution 3

Description
To re-elect Mr Lee Cheow Kooi who retires pursuant to Article 102(1) of the
Companys Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 26 15
No. of Shares 197,912,097 26,427,900
% of Voted Shares 88.2197 11.7803
Result Accepted

4. Ordinary Resolution 4

Description
To re-elect Mr Wong Thai Sun who retires pursuant to Article 102(1) of the
Companys Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 32 15
No. of Shares 200,733,997 26,427,900
% of Voted Shares 88.3661 11.6339
Result Accepted

5. Ordinary Resolution 5

Description
To re-elect Mr Lim Chien Ch'eng who retires pursuant to Article 107(2) of the
Companys Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 37 15
No. of Shares 200,807,897 26,427,900
% of Voted Shares 88.3698 11.6302
Result Accepted

6. Ordinary Resolution 6

Description
To 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 50 0
No. of Shares 227,196,797 0
% of Voted Shares 100.0000 0.0000
Result Accepted

7. Ordinary Resolution 7

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 45 2
No. of Shares 227,125,297 43,100
% of Voted Shares 99.9810 0.0190
Result Accepted

8. Ordinary Resolution 8

Description
To approve the authority to purchase Company's own share.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 47 0
No. of Shares 227,162,397 0
% of Voted Shares 100.0000 0.0000
Result Accepted

9. Ordinary Resolution 9

Description
To approve the Proposed 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 31 0
No. of Shares 3,276,912 0
% of Voted Shares 100.0000 0.0000
Result Accepted



Please refer attachment below.

Attachments

PIB_25th AGM Vote Summary.pdf
1.0 MB




Announcement Info

Company Name P.I.E. INDUSTRIAL BERHAD
Stock Name PIE
Date Announced 20 May 2022
Category General Meeting
Reference Number GMA-18052022-00021
Corporate Action ID MY220518MEET0020