SCIPACK

2.040

-0.01 (-0.5%)

GENERAL MEETINGS: Outcome of Meeting

SCIENTEX PACKAGING (AYER KEROH) BERHAD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 07 Dec 2022
Time 11:00 AM

Venue(s)
Broadcast venue:

Auditorium, Bangunan Scientex,

No. 9, Persiaran Selangor, Seksyen 15,

40200 Shah Alam, Selangor Darul Ehsan

Malaysia

Virtual Meeting Platform via TIIH Online website

at https://tiih.online

Malaysia

Outcome of Meeting
The Board of Directors of Scientex Packaging (Ayer Keroh) Berhad (formerly known as Daibochi Berhad) (the "Company") is pleased to announce that the resolutions set out in the Notice of Forty-Ninth Annual General Meeting ("AGM") dated 8 November 2022 were duly passed by the shareholders of the Company at the AGM held on 7 December 2022, except for resolutions 13 and 14 which were not approved by the shareholders.

The voting in respect of all the resolutions was carried out by way of poll and the results were validated by Asia Securities Sdn Bhd, the independent scrutineer appointed by the Company.

This announcement is dated 7 December 2022.

Voting Results


1. Ordinary Resolution 1

Description
To approve the declaration of a single tier final dividend of 2.5 sen per ordinary share.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 39 1
No. of Shares 330,013,456 2
% of Voted Shares 99.9999 0.0000
Result Accepted

2. Ordinary Resolution 2

Description
To approve the payment of Non-Executive Directors' fees.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 35 4
No. of Shares 330,006,996 4,762
% of Voted Shares 99.9986 0.0014
Result Accepted

3. Ordinary Resolution 3

Description
To re-elect Mr. Chang Chee Siong as a Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 34 6
No. of Shares 329,894,997 118,461
% of Voted Shares 99.9641 0.0359
Result Accepted

4. Ordinary Resolution 4

Description
To re-elect Ms. Tan Hong Koon as a Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 32 8
No. of Shares 329,874,797 138,661
% of Voted Shares 99.9580 0.0420
Result Accepted

5. Ordinary Resolution 5

Description
To re-elect Mr. Cham Chean Fong @ Sian Chean Fong as a Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 33 7
No. of Shares 293,769,673 36,243,785
% of Voted Shares 89.0175 10.9825
Result Accepted

6. Ordinary Resolution 6

Description
To re-elect Mr. Choo Seng Hong as a Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 31 9
No. of Shares 329,861,797 151,661
% of Voted Shares 99.9540 0.0460
Result Accepted

7. Ordinary Resolution 7

Description
To re-elect Mr. Lim Kah Fan as a Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 33 7
No. of Shares 293,769,673 36,243,785
% of Voted Shares 89.0175 10.9825
Result Accepted

8. Ordinary Resolution 8

Description
To re-elect Madam Koh Huey Min as a Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 33 7
No. of Shares 293,769,673 36,243,785
% of Voted Shares 89.0175 10.9825
Result Accepted

9. Ordinary Resolution 9

Description
To re-appoint Deloitte PLT as the Auditors of the Company and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 38 2
No. of Shares 330,011,756 1,702
% of Voted Shares 99.9995 0.0005
Result Accepted

10. Ordinary Resolution 10

Description
To authorise the Directors to allot and issue shares pursuant to the Companies Act 2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 29 10
No. of Shares 293,734,463 36,179,995
% of Voted Shares 89.0335 10.9665
Result Accepted

11. Ordinary Resolution 11

Description
To approve the Proposed Renewal of Share Buy-Back Authority.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 31 9
No. of Shares 274,817,913 55,195,545
% of Voted Shares 83.2748 16.7252
Result Accepted

12. Ordinary Resolution 12

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 30 5
No. of Shares 55,120,694 111,961
% of Voted Shares 99.7973 0.2027
Result Accepted

13. Ordinary Resolution 13

Description
The Company should commit to adoption of the best practices recommended in the Malaysian Code on Corporate Governance, Bursa Malaysia's Corporate Governance Guide, and other regulatory guidance as updated from time to time, and to any effort required to meet the highest rather than the minimum standards; adoption to be at the earliest opportunity in each respect, and any deviation fully explained in future annual reports and general meetings.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 36 4
No. of Shares 77,939,662 252,073,796
% of Voted Shares 23.6171 76.3829
Result Rejected

14. Ordinary Resolution 14

Description
The Company resume the practice of quarterly briefings by senior management, open to interactive participation by all shareholders and investment analysts.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 36 4
No. of Shares 77,939,662 252,073,796
% of Voted Shares 23.6171 76.3829
Result Rejected






Announcement Info

Company Name SCIENTEX PACKAGING (AYER KEROH) BERHAD
Stock Name SCIPACK
Date Announced 07 Dec 2022
Category General Meeting
Reference Number GMA-05122022-00002
Corporate Action ID MY221205MEET0002