GENERAL MEETINGS: Outcome of Meeting
| BOX-PAK (MALAYSIA) BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 25 Jun 2024 |
| Time | 10:00 AM |
| Venue(s) |
Broadcast Venue Conference Room Lot 6, Jalan Perusahaan Satu 68100 Batu Caves, Selangor Darul Ehsan Malaysia |
| Outcome of Meeting | The Board of Directors of Box-Pak (Malaysia) Bhd. ("the Company") is pleased to announce that all the ordinary resolutions as set out in the Notice of the Fiftieth Annual General Meeting ("AGM") of the Company dated 29 April 2024 were duly passed at the aforesaid AGM which was conducted virtually at the above Broadcast Venue on 25 June 2024.
The Audited Financial Statements of the Group and of the Company for the financial year ended 31 December 2023 and the Reports of the Directors and Auditors thereon were received and duly tabled at the Fiftieth AGM under Agenda 1.
All the ordinary resolutions were voted by way of poll via Remote Participation and Electronic Voting Facilities at https://conveneagm.my/boxpakagm2024 at the Fiftieth AGM in accordance with Paragraph 8.29A(1) of Bursa Malaysia Securities Berhad's Main Market Listing Requirements.
The detailed poll results were verified by the Scrutineers, Quantegic Services Sdn. Bhd. as per the attachment.
Please refer to the table below for the poll results.
This announcement is dated 25 June 2024. |
Voting Results |
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1. Resolution 1 |
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| Description |
To approve the payment of Directors' Fees amounting to RM631,731 payable to the Directors of the Company and its subsidiaries in respect of the financial year ended 31 December 2023. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 24 | 6 |
| No. of Shares | 69,098,323 | 13,102 |
| % of Voted Shares | 99.9810 | 0.0190 |
| Result | Accepted | |
2. Resolution 2 |
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| Description |
To approve the following payment of allowance and benefits for the financial year ending 31 December 2024: (i) meeting allowance of RM1,500 per person per day to the Directors of the Company; and (ii) other benefits of up to RM400,000 to the Non-Executive Directors of the Company and its subsidiaries. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 23 | 7 |
| No. of Shares | 69,098,223 | 13,202 |
| % of Voted Shares | 99.9809 | 0.0191 |
| Result | Accepted | |
3. Resolution 3 |
||
| Description |
To re-elect Director, Yeoh Jin Hoe who retires pursuant to Clause 82 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 29 | 3 |
| No. of Shares | 69,537,923 | 2,502 |
| % of Voted Shares | 99.9964 | 0.0036 |
| Result | Accepted | |
4. Resolution 4 |
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| Description |
To re-appoint BDO PLT, Chartered Accountants as Auditors of the Company to hold office until the conclusion of the next Annual General Meeting of the Company and to authorise the Directors to fix the remuneration of the Auditors. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 30 | 2 |
| No. of Shares | 69,539,923 | 502 |
| % of Voted Shares | 99.9993 | 0.0007 |
| Result | Accepted | |
5. Resolution 5 |
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| Description |
Proposed authority to Directors to allot and issue shares pursuant to Sections 75 and 76 of the Companies Act, 2016. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 27 | 4 |
| No. of Shares | 69,447,823 | 90,602 |
| % of Voted Shares | 99.8697 | 0.1303 |
| Result | Accepted | |
6. Resolution 6 |
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| Description |
Proposed renewal of mandate for the Company and its subsidiaries to enter into recurrent related party transactions of a revenue or trading nature. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 27 | 3 |
| No. of Shares | 3,521,702 | 602 |
| % of Voted Shares | 99.9829 | 0.0171 |
| Result | Accepted | |
7. Resolution 7 |
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| Description |
Proposed retirement gratuity payment to Chee Khay Leong. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 27 | 6 |
| No. of Shares | 69,532,723 | 7,702 |
| % of Voted Shares | 99.9889 | 0.0111 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | BOX-PAK (MALAYSIA) BERHAD |
| Stock Name | BOXPAK |
| Date Announced | 25 Jun 2024 |
| Category | General Meeting |
| Reference Number | GMA-19062024-00011 |
| Corporate Action ID | MY240619MEET0011 |