LPI

12.300

(%)

GENERAL MEETINGS: Outcome of Meeting

LPI CAPITAL BHD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 12 Apr 2023
Time 11:00 AM

Venue(s)
Broadcast Venue at

29th Floor, Menara Public Bank,

146 Jalan Ampang, 50450 Kuala Lumpur

Malaysia

Outcome of Meeting

The Board of Directors of LPI Capital Bhd (LPI or the Company) is pleased to announce that all the resolutions as set out in the Notice of 62nd Annual General Meeting (AGM) of the Company dated 1 March 2023 were duly approved by the shareholders of the Company by way of poll, at the 62nd AGM held today. The results of the poll were validated by Deloitte Business Advisory Sdn Bhd, the independent scrutineer appointed by the Company.

 

The detailed results of the poll are set out in the attachment.

 

This announcement is dated 12 April 2023.


Voting Results


1. Ordinary Resolution 1

Description
To re-elect Mr. Tan Kok Guan who retires by rotation in accordance with Clause 94 of the Company's Constitution and who being eligible, offer himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 689 112
No. of Shares 268,560,475 49,713
% of Voted Shares 99.9815 0.0185
Result Accepted

2. Ordinary Resolution 2

Description
To re-elect Mr. Quah Poh Keat who retires by rotation in accordance with Clause 94 of the Company's Constitution and who being eligible, offer himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 688 112
No. of Shares 268,905,469 62,198
% of Voted Shares 99.9769 0.0231
Result Accepted

3. Ordinary Resolution 3

Description
To approve the payment of Directors' Fees of RM1,610,000 for the financial year ended 31 December 2022.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 654 141
No. of Shares 265,087,974 66,912
% of Voted Shares 99.9748 0.0252
Result Accepted

4. Ordinary Resolution 4

Description
To approve the payment of Directors' Benefit on Allowances for Directors amounting to RM351,000 for the financial year ended 31 December 2022.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 640 155
No. of Shares 264,896,034 258,735
% of Voted Shares 99.9024 0.0976
Result Accepted

5. Ordinary Resolution 5

Description
To approve the Directors' Benefit on Insurance Coverage for Non-Executive Directors from 62nd AGM to 63rd AGM of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 660 136
No. of Shares 265,411,263 99,926
% of Voted Shares 99.9624 0.0376
Result Accepted

6. Ordinary Resolution 6

Description
To re-appoint Messrs. KPMG PLT as Auditors of the Company for the financial year ending 31 December 2023 and to authorise the Directors to fix the Auditors remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 701 98
No. of Shares 268,759,062 208,505
% of Voted Shares 99.9225 0.0775
Result Accepted

7. Special Resolution 1

Description
Proposed Adoption of the New Constitution of the Company
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 683 109
No. of Shares 268,880,151 54,178
% of Voted Shares 99.9799 0.0201
Result Accepted



Please refer attachment below.

Attachments

LPI 2023 AGM Poll Results.pdf
190.1 kB




Announcement Info

Company Name LPI CAPITAL BHD
Stock Name LPI
Date Announced 12 Apr 2023
Category General Meeting
Reference Number GMA-06042023-00003
Corporate Action ID MY230406MEET0003