News

General Meetings: Outcome Of Meeting

BackJun 11, 2021
Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 11 Jun 2021
Time 10:30 AM
Venue(s) Online Meeting Platform provided by SS E Solutions Sdn. Bhd. via its
Securities Services e-Portal (SSeP) at https://sshsb.net.my/login.aspx
Malaysia
Outcome of Meeting

The Board of Pentamaster Corporation Berhad ("the Company") is pleased to announce that at the 19th Annual General Meeting of the Company held on 11 June 2021, all the resolutions set out in the Notice of the 19th Annual General Meeting date 12 May 2021 were duly passed by way of poll.

 

The results of the poll were duly verified by Commercial Quest Sdn. Bhd. the independent Scrutineer appointed by the Company.

 

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

 

This announcement is dated 11 June 2021.

Voting Results

1. Ordinary Resolution 1
Description To approve the payment of a final single tier dividend of 1.5 sen per share for the financial year ended 31 December 2020.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 297 6
No. of Shares 362,377,499 113,050
% of Voted Shares 99.9688 0.0312
Result Accepted

2. Ordinary Resolution 2
Description To approve the payment of Directors fees amounting to RM211,200 to Directors of the Company for the financial year ended 31 December 2020.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 281 18
No. of Shares 362,267,651 162,898
% of Voted Shares 99.9551 0.0449
Result Accepted

3. Ordinary Resolution 3
Description To approve the payment of Directors fees amounting to HKD805,200 (approximately RM429,000 equivalent) per annum to Directors of the subsidiary company commencing from the financial year ending 31 December 2021 and that such fees to the Directors of the subsidiary company shall continue until otherwise resolved.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 275 24
No. of Shares 362,114,566 239,273
% of Voted Shares 99.9340 0.0660
Result Accepted

4. Ordinary Resolution 4
Description To approve the payment of benefits of up to RM35,000 to the Non-Executive Directors of the Company from 12 June 2021 until the next Annual General Meeting of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 273 25
No. of Shares 362,230,751 200,398
% of Voted Shares 99.9447 0.0553
Result Accepted

5. Ordinary Resolution 5
Description To approve the payment of benefits of up to RM35,000 to the Non-Executive Directors of the subsidiary company from 12 June 2021 until the next Annual General Meeting of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 272 26
No. of Shares 362,223,351 206,898
% of Voted Shares 99.9429 0.0571
Result Accepted

6. Ordinary Resolution 6
Description To re-elect Mr. Chuah Choon Bin as a Director of the Company in accordance with Clause 109(a) and (b) of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 250 48
No. of Shares 336,542,849 24,703,375
% of Voted Shares 93.1616 6.8384
Result Accepted

7. Ordinary Resolution 7
Description To re-elect Mr. Loh Nam Hooi as a Director of the Company in accordance with Clause 109(a) and (b) of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 245 55
No. of Shares 295,417,424 66,277,625
% of Voted Shares 81.6758 18.3242
Result Accepted

8. Ordinary Resolution 8
Description To re-appoint Messrs Grant Thornton Malaysia PLT as Auditors of the Company for the ensuing year and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 292 10
No. of Shares 362,378,593 109,956
% of Voted Shares 99.9697 0.0303
Result Accepted

9. Ordinary Resolution 9
Description To authorise Mr. Loh Nam Hooi who has served as an Independent Non-Executive Director of the Company for a cumulative term of more than twelve (12) years to continue to act as an Independent Non-Executive Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 2 0
No. of Shares 140,420,120 0
% of Voted Shares 100.0000 0.0000
Result Accepted

10. Ordinary Resolution 10
Description To empower the Directors to issue and allot up to 10% of the total number of issued shares of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 268 34
No. of Shares 344,503,376 17,933,673
% of Voted Shares 95.0519 4.9481
Result Accepted

11. Ordinary Resolution 11
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 283 16
No. of Shares 221,883,756 131,173
% of Voted Shares 99.9409 0.0591
Result Accepted

12. Ordinary Resolution 12
Description To approve the proposed purchase by the Company of its own shares of up to 10% of its total number of issued shares.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 294 8
No. of Shares 362,380,426 109,523
% of Voted Shares 99.9698 0.0302
Result Accepted

13. Ordinary Resolution 9 (Tier 2)
Description To authorise Mr. Loh Nam Hooi who has served as an Independent Non-Executive Director of the Company for a cumulative term of more than twelve (12) years to continue to act as an Independent Non-Executive Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 246 53
No. of Shares 125,353,959 95,922,970
% of Voted Shares 56.6503 43.3497
Result Accepted

 

Announcement Info

Company Name PENTAMASTER CORPORATION BERHAD
Stock Name PENTA
Date Announced 11 Jun 2021
Category General Meeting
Reference Number GMA-02062021-00013
Corporate Action ID MY210602MEET0009