LIONPSIM

0.270

-0.025 (-8.5%)

GENERAL MEETINGS: Outcome of Meeting

LION POSIM BERHAD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 27 May 2025
Time 10:30 AM

Venue(s) 
Meeting Hall, Level 16, Lion Office Tower

No. 1 Jalan Nagasari

50200 Kuala Lumpur

Wilayah Persekutuan

Malaysia

Outcome of Meeting 
The Board of Directors of Lion Posim Berhad ("LPB") wishes to announce that all the ordinary resolutions set out in the Notice of the 42nd Annual General Meeting of LPB ("42nd AGM") were duly passed by the Shareholders by way of poll at the 42nd AGM held on 27 May 2025. The results of the poll were duly verified by Commercial Quest Sdn Bhd, the Independent Scrutineers appointed by LPB. 

Details of the results of the poll are set out below.

Voting Results

1. Ordinary Resolution 1

Description 
To approve the payment of Directors' fees amounting to RM168,700 for the financial year ended 31 December 2024.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 46 0
No. of Shares 170,473,151 0
% of Voted Shares 100.0000 0.0000
Result Accepted

2. Ordinary Resolution 2

Description 
To approve the payment of Directors' benefits of up to RM87,000 for the period commencing after the 42nd Annual General Meeting until the next annual general meeting of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 46 0
No. of Shares 170,473,151 0
% of Voted Shares 100.0000 0.0000
Result Accepted

3. Ordinary Resolution 3

Description 
To re-elect Dr Folk Jee Yoong who retires by rotation in accordance with Clause 110 of the Company's Constitution and who being eligible, has offered himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 46 0
No. of Shares 170,473,151 0
% of Voted Shares 100.0000 0.0000
Result Accepted

4. Ordinary Resolution 4

Description 
To re-elect Mr Liew Jee Min @ Chong Jee Min who was appointed during the financial year and retires in accordance with Clause 111 of the Company's Constitution and who being eligible, has offered himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 46 0
No. of Shares 170,473,151 0
% of Voted Shares 100.0000 0.0000
Result Accepted

5. Ordinary Resolution 5

Description 
To re-appoint Messrs Forvis Mazars PLT as Auditors of the Company and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 46 0
No. of Shares 170,473,151 0
% of Voted Shares 100.0000 0.0000
Result Accepted

6. Ordinary Resolution 6

Description 
To approve the authority to Directors to issue and allot shares.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 46 0
No. of Shares 170,473,151 0
% of Voted Shares 100.0000 0.0000
Result Accepted

7. Ordinary Resolution 7

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 27 0
No. of Shares 331,758 0
% of Voted Shares 100.0000 0.0000
Result Accepted



Please refer attachment below.

Attachments

LPB - Poll Results (AGM - 27.05.2025).pdf
105.0 kB



Announcement Info

Company Name LION POSIM BERHAD
Stock Name LIONPSIM
Date Announced 27 May 2025
Category General Meeting
Reference Number GMA-23052025-00028
Corporate Action ID MY250523MEET0028


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