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Dewan Berjaya, Bukit Kiara Equestrian & Country Resort,
Jalan Bukit Kiara, Off Jalan Damansara,
60000 Kuala Lumpur,
Wilayah Persekutuan
Malaysia
Outcome of Meeting
The Board of Directors of Prestar Resources Berhad (“the Company”) wishes to inform that all of the resolutions as per the Notice of the Fortieth Annual General Meeting ("40th AGM") dated 28 April 2025 were duly passed and approved by the shareholders of the Company at the 40th AGM held today. All the resolutions were voted by poll and the results of the poll were validated by Commercial Quest Sdn. Bhd., the independent scrutineer appointed by the Company.
Voting Results
1. Resolution 1
Description
To approve the payment of Directors' fees amounting to RM277,000.00 for the financial year ended 31 December 2024.
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
36
0
No. of Shares
42,374,365
0
% of Voted Shares
100.0000
0.0000
Result
Accepted
2. Resolution 2
Description
To approve an amount of up to RM30,000.00 as benefits payable to the Non-Executive Directors from 19 June 2025 to the next Annual General Meeting of the Company to be held in 2026.
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
45
1
No. of Shares
167,700,948
168
% of Voted Shares
99.9999
0.0001
Result
Accepted
3. Resolution 3
Description
To re-elect Mr. Jason Toh Jin Hin, who retires pursuant to Clause 103 of the Company's Constitution, and being eligible, has offered himself for re-election.
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
46
0
No. of Shares
166,401,116
0
% of Voted Shares
100.0000
0.0000
Result
Accepted
4. Resolution 4
Description
To re-elect Mr. Toh Yew Seng, who retires by rotation pursuant to Clause 118 of the Company's Constitution, and being eligible, has offered himself for re-election.
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
45
0
No. of Shares
159,756,817
0
% of Voted Shares
100.0000
0.0000
Result
Accepted
5. Resolution 5
Description
To re-elect Dato' Siew Mun Wai, who retires by rotation pursuant to Clause 118 of the Company's Constitution, and being eligible, has offered himself for re-election.
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
46
1
No. of Shares
168,900,948
168
% of Voted Shares
99.9999
0.0001
Result
Accepted
6. Resolution 6
Description
To re-elect Dato' Quah Thain Khan, who retires by rotation pursuant to Clause 118 of the Company's Constitution, and being eligible, has offered himself for re-election.
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
46
1
No. of Shares
168,900,948
168
% of Voted Shares
99.9999
0.0001
Result
Accepted
7. Resolution 7
Description
To appoint Crowe Malaysia 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
1
No. of Shares
168,900,948
168
% of Voted Shares
99.9999
0.0001
Result
Accepted
8. Resolution 8
Description
Authority to Issue Shares pursuant to the Companies Act 2016 and Waiver of Pre-Emptive Rights.
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
46
1
No. of Shares
168,900,948
168
% of Voted Shares
99.9999
0.0001
Result
Accepted
9. Resolution 9
Description
Proposed Renewal of Share Buy-Back Authority.
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
47
0
No. of Shares
168,901,116
0
% of Voted Shares
100.0000
0.0000
Result
Accepted
10. Resolution 10
Description
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
30
1
No. of Shares
21,885,295
168
% of Voted Shares
99.9992
0.0008
Result
Accepted
11. Resolution 11
Description
Proposed New Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature.