Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
To be held on a fully virtual basis hosted on Securities Services
e-Portal at https://sshsb.net.my/ at Level 7, Menara Milenium,
Jalan Damanlela, Pusat Bandar Damansara, Damansara Heights,
50490 Kuala Lumpur, Wilayah Persekutuan
Malaysia
Outcome of Meeting
The Board of Directors of BP Plastics Holding Bhd is pleased to announce that all resolutions as set out in the Notice of the Eighteenth Annual General Meeting ("18th AGM") of the Company dated 23 May 2022 were duly passed by the shareholders of the Company at the 18th AGM held today.
The voting in respect of the resolutions were carried out by way of poll and the results of the poll were validated by Commercial Quest Sdn. Bhd., the independent scrutineers appointed by the Company.
Details of the results of the polling in respect of all the resolutions at the 18th AGM are set out below.
This announcement is dated 23 May 2022.
Voting Results
1. Ordinary Resolution 1
Description
To re-elect Mr. Hey Shiow Hoe who is retiring pursuant to Clause 122 of the Company's Constitution and being eligible, has offered himself for re-election.
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
108
8
No. of Shares
212,570,686
324,775
% of Voted Shares
99.8474
0.1526
Result
Accepted
2. Ordinary Resolution 2
Description
To re-elect Ms. Tan Ming-Li who is retiring pursuant to Clause 122 of the Company's Constitution and being eligible, has offered herself for re-election.
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
102
14
No. of Shares
207,782,686
5,112,775
% of Voted Shares
97.5985
2.4015
Result
Accepted
3. Ordinary Resolution 3
Description
To approve the payment of the following Directors fees to the Non-Executive Directors of
the Company in respect of the financial year ending 31 December 2022:-
(i) Non-Executive Chairmans fees of RM130,000 per annum; and
(ii) Directors fee for each of the Non-Executive Directors of RM65,000 per annum.
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
100
16
No. of Shares
212,813,733
81,728
% of Voted Shares
99.9616
0.0384
Result
Accepted
4. Ordinary Resolution 4
Description
To approve the payment of Directors benefits up to an amount of RM30,000 in aggregate to the Non-Executive Directors from 24 May 2022 until the next Annual General Meeting of the Company in 2023.
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
99
17
No. of Shares
212,813,583
81,878
% of Voted Shares
99.9615
0.0385
Result
Accepted
5. Ordinary Resolution 5
Description
To re-appoint Messrs. Crowe Malaysia 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
111
5
No. of Shares
212,710,811
184,650
% of Voted Shares
99.9133
0.0867
Result
Accepted
6. Ordinary Resolution 6
Description
To approve the authority to issue and allot shares pursuant to the Companies Act 2016.
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
96
20
No. of Shares
207,934,533
4,960,928
% of Voted Shares
97.6698
2.3302
Result
Accepted
7. Ordinary Resolution 7 (Tier 1)
Description
To approve the retention of Mr. Lim Kim Hock as Independent Non-Executive Director.
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
1
0
No. of Shares
121,500,000
0
% of Voted Shares
100.0000
0.0000
Result
Accepted
8. Ordinary Resolution 7 (Tier 2)
Description
To approve the retention of Mr. Lim Kim Hock as Independent Non-Executive Director.