News

General Meetings: Outcome Of Meeting

BackMay 31, 2022
Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 31 May 2022
Time 10:00 AM

 

Venue(s)

 

Conference Room at
Plot 18 & 19, Technoplex, Medan Bayan Lepas,
Taman Perindustrian Bayan Lepas,
Phase IV, 11900 Penang
Malaysia

 

Outcome of Meeting

 

The Board of Pentamaster Corporation Berhad ("the Company") is pleased to announce that at the 20th Annual General Meeting of the Company held on 31 May 2022, all the resolutions set out in the Notice of the 20th Annual General Meeting date 26 April 2022 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 31 May 2022.

Voting Results

1. Ordinary Resolution 1
Description To approve the payment of a final single tier dividend of 2 sen per share for the financial year ended 31 December 2021.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 326 7
No. of Shares 383,193,352 1,905,714
% of Voted Shares 99.5051 0.4949
Result Accepted

2. Ordinary Resolution 2
Description To approve the payment of Directors fees amounting to RM226,270 to Directors of the Company for the financial year ended 31 December 2021.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 304 27
No. of Shares 384,983,039 116,627
% of Voted Shares 99.9697 0.0303
Result Accepted

3. Ordinary Resolution 3
Description To approve the payment of Directors fees amounting to HKD885,720 (approximately RM478,000 equivalent) per annum to Directors of the subsidiary company commencing from the financial year ending 31 December 2022 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 291 39
No. of Shares 384,862,725 155,881
% of Voted Shares 99.9595 0.0405
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 1 June 2022 until the next annual general meeting of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 298 33
No. of Shares 384,952,959 149,207
% of Voted Shares 99.9613 0.0387
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 1 June 2022 until the next annual general meeting of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 298 35
No. of Shares 384,953,959 154,207
% of Voted Shares 99.9600 0.0400
Result Accepted

6. Ordinary Resolution 6
Description To re-elect Mr. Leng Kean Yong 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 277 49
No. of Shares 353,673,979 28,068,252
% of Voted Shares 92.6473 7.3527
Result Accepted

7. Ordinary Resolution 7
Description To re-elect Ms. Gan Pei Joo as a Director of the Company in accordance with Clause 116 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 303 23
No. of Shares 378,976,388 2,765,843
% of Voted Shares 99.2755 0.7245
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 322 11
No. of Shares 385,048,532 58,934
% of Voted Shares 99.9847 0.0153
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 nine (9) 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 297 37
No. of Shares 367,999,551 17,108,215
% of Voted Shares 95.5576 4.4424
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 316 15
No. of Shares 244,648,459 37,087
% of Voted Shares 99.9848 0.0152
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 326 8
No. of Shares 385,101,999 5,767
% of Voted Shares 99.9985 0.0015
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 nine (9) 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 267 57
No. of Shares 123,577,993 117,744,118
% of Voted Shares 51.2087 48.7913
Result Accepted

 

Announcement Info

Company Name PENTAMASTER CORPORATION BERHAD
Stock Name PENTA
Date Announced 31 May 2022
Category General Meeting
Reference Number GMA-27052022-00001
Corporate Action ID MY220527MEET0001