GENERAL MEETINGS: Outcome of Meeting
| UPA CORPORATION BHD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 24 Jun 2022 |
| Time | 11:00 AM |
| Venue(s) |
A fully virtual basis via the online meeting platform at https://bit.ly/3tzWIbJ provided by Bina Management (M) Sdn. Bhd. in Malaysia (Domain Registration Number 57236023) Malaysia |
| Outcome of Meeting | UPA Corporation Bhd. (“Company”) wishes to inform that at the 26th Annual General Meeting ("26th AGM") of the Company held on Friday, 24 June 2022:
1. the Audited Financial Statements for the financial year ended 31 December 2021 together with the reports of the Directors and Auditors thereon, were properly laid and received by the members present at the 26th AGM; and
2. all the resolutions set forth in the Notice of 26th AGM were duly passed by way of poll.
The poll results at the 26th AGM were verified by M/s HMC Corporate Services 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 24 June 2022. |
Voting Results |
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1. Ordinary Resolution 1 |
||
| Description |
To approve the payment of a Final Single Tier Dividend of 8 sen per share in respect of the financial year ended 31 December 2021. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 42 | 0 |
| No. of Shares | 44,098,883 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
||
| Description |
To approve the payment of Directors' fees of RM220,000.00 for the financial year ended 31 December 2021. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 35 | 7 |
| No. of Shares | 44,097,073 | 1,810 |
| % of Voted Shares | 99.9959 | 0.0041 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
||
| Description |
To approve the Directors' benefits of up to RM100,000.00 with effect from 25 June 2022 until the next Annual General Meeting of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 36 | 6 |
| No. of Shares | 44,097,074 | 1,809 |
| % of Voted Shares | 99.9959 | 0.0041 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
||
| Description |
To re-elect Mr. Chua Ngeun Lok, 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 | 40 | 2 |
| No. of Shares | 44,098,875 | 8 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
||
| Description |
To re-elect Mr. Chua Ngeun Seong, 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 | 40 | 2 |
| No. of Shares | 44,098,875 | 8 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
||
| 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 | 40 | 2 |
| No. of Shares | 44,098,875 | 8 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
||
| Description |
Approval for Allotment of shares or Grant of rights. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 38 | 4 |
| No. of Shares | 44,097,274 | 1,609 |
| % of Voted Shares | 99.9964 | 0.0036 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
||
| Description |
Proposed Share Buy-Back. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 40 | 2 |
| No. of Shares | 44,098,877 | 6 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | UPA CORPORATION BHD |
| Stock Name | UPA |
| Date Announced | 24 Jun 2022 |
| Category | General Meeting |
| Reference Number | GMA-23062022-00019 |
| Corporate Action ID | MY220623MEET0019 |