GENERAL MEETINGS: Outcome of Meeting
| PUBLIC BANK BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 15 May 2023 |
| Time | 11:00 AM |
| Venue(s) |
Broadcast Venue at 29th Floor Menara Public Bank, 146 Jalan Ampang 50450 Kuala Lumpur Malaysia Online Platform via TIIH Online website at https://tiih.online with Remote Participation and Voting facilities Malaysia |
| Outcome of Meeting | Public Bank (PBB) wishes to announce that all the 6 ordinary resolutions as set out in the Notice of 57th Annual General Meeting (AGM) dated 14 April 2023 were duly passed by the shareholders at the PBB 57th AGM held virtually today, Monday, 15 May 2023. All the resolutions were voted by poll via Remote Participation and Voting facilities and the results of the poll were validated by Messrs. Deloitte Business Advisory Sdn Bhd, the Independent Scrutineers appointed by PBB. Please refer to the attachment. This announcement is dated 15 May 2023. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To re-elect Mr Lai Wan who retires by rotation pursuant to Clause 107 of the Company's Constitution. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 2,838 | 331 |
| No. of Shares | 12,172,646,525 | 216,659,583 |
| % of Voted Shares | 98.2512 | 1.7488 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To re-elect Mr Lee Chin Guan who retires by rotation pursuant to Clause 107 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 2,820 | 351 |
| No. of Shares | 12,026,382,159 | 361,921,304 |
| % of Voted Shares | 97.0785 | 2.9215 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To re-elect Ms Tham Chai Fhong who retires by rotation pursuant to Clause 107 of the Company's Constitution. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 2,911 | 251 |
| No. of Shares | 12,367,041,826 | 22,213,397 |
| % of Voted Shares | 99.8207 | 0.1793 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To approve the payment of Directors' fees, Board Committees Members' fees, and allowances to Directors amounting to RM5,839,410 for the financial year ended 31 December 2022. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 2,756 | 379 |
| No. of Shares | 12,232,282,600 | 12,491,293 |
| % of Voted Shares | 99.8980 | 0.1020 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To approve the payment of remuneration and benefits-in-kind (excluding Director's fee and Board meeting allowance) amounting to RM20,000,000 for financial year ended 31 December 2022 to the late Chairman Emeritus, Director and Adviser, Tan Sri Dato' Sri Dr. Teh Hong Piow. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 1,931 | 1,178 |
| No. of Shares | 8,585,907,864 | 2,854,344,699 |
| % of Voted Shares | 75.0500 | 24.9500 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
To re-appoint Messrs Ernst & Young PLT as Auditors of the Company for the financial year ending 31 December 2023 and to authorise the Directors to fix the Auditors' remuneration. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 2,893 | 274 |
| No. of Shares | 12,258,879,650 | 138,751,138 |
| % of Voted Shares | 98.8808 | 1.1192 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | PUBLIC BANK BERHAD |
| Stock Name | PBBANK |
| Date Announced | 15 May 2023 |
| Category | General Meeting |
| Reference Number | GMA-11052023-00003 |
| Corporate Action ID | MY230511MEET0003 |