GENERAL MEETINGS: Outcome of Meeting
| OLYMPIA INDUSTRIES BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 28 May 2025 |
| Time | 10:30 AM |
| Venue(s) |
Ballroom 1 & 2, Level 2 InterContinental Kuala Lumpur 165 Jalan Ampang 50450 Kuala Lumpur Malaysia |
| Outcome of Meeting | The Board of Directors of Olympia Industries Berhad wishes to announce that all the resolutions as set out in the Notice of Forty-Fourth Annual General Meeting ("44th AGM") dated 30 April 2025, were duly passed by way of poll at the 44th AGM of the Company held this morning.
The results of the poll were validated by Scrutineer Solutions Sdn Bhd, the independent scrutineer appointed by the Company.
This announcement is dated 28 May 2025. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To approve the payment of Directors' fees of RM180,000 from the 44th AGM until the next Annual General Meeting of the Company |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 55 | 5 |
| No. of Shares | 583,046,729 | 54,300 |
| % of Voted Shares | 99.9907 | 0.0093 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To approve the payment of Directors' benefits to Non-Executive Directors up to an amount of RM100,000 from the 44th AGM until the next Annual General Meeting of the Company |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 55 | 6 |
| No. of Shares | 583,046,729 | 64,400 |
| % of Voted Shares | 99.9890 | 0.0110 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To re-elect Dato' Sri Yap Wee Keat as Director who retires in accordance with Clause 91 of the Company's Constitution |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 59 | 3 |
| No. of Shares | 583,080,929 | 50,200 |
| % of Voted Shares | 99.9914 | 0.0086 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To re-elect Y.A.M. Tunku Naquiyuddin ibni Almarhum Tuanku Jaafar as Director who retires in accordance with Clause 91 of the Company's Constitution |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 59 | 3 |
| No. of Shares | 583,080,929 | 50,200 |
| % of Voted Shares | 99.9914 | 0.0086 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To re-appoint Messrs. Ernst & Young PLT as Auditors of the Company until the conclusion of the next Annual General Meeting and to authorise the Directors to fix their remuneration |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 60 | 2 |
| No. of Shares | 583,130,929 | 200 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
To authorise the Directors to issue and allot shares pursuant to Sections 75 and 76 of the Companies Act 2016 |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 59 | 3 |
| No. of Shares | 583,126,929 | 4,200 |
| % of Voted Shares | 99.9993 | 0.0007 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
To approve the proposed renewal of Shareholders Mandate for recurrent related party transactions of a revenue or trading nature |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 56 | 2 |
| No. of Shares | 3,619,192 | 200 |
| % of Voted Shares | 99.9945 | 0.0055 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | OLYMPIA INDUSTRIES BERHAD |
| Stock Name | OLYMPIA |
| Date Announced | 28 May 2025 |
| Category | General Meeting |
| Reference Number | GMA-28052025-00026 |
| Corporate Action ID | MY250528MEET0025 |