News

General Meetings: Outcome Of Meeting

BackJun 07, 2024
Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 07 Jun 2024
Time 10:30 AM
Venue(s) Level 4, Jadeite Function Room,
Amari SPICE Penang,
2, Persiaran Mahsuri,
11900 Bayan Lepas, Pulau Pinang
Malaysia
Outcome of Meeting

The Board of Pentamaster Corporation Berhad ("the Company") is pleased to announce that at the 22nd Annual General Meeting of the Company held on 7 June 2024, all the resolutions set out in the Notice of the 22nd Annual General Meeting dated 29 April 2024 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 7 June 2024.

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 2023.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 288 5
No. of Shares 453,105,896 3,400
% of Voted Shares 99.9992 0.0008
Result Accepted

2. Ordinary Resolution 2
Description To approve the payment of Directors' fees amounting to RM275,880 to Directors of the Company for the financial year ended 31 December 2023.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 279 13
No. of Shares 446,657,776 6,434,700
% of Voted Shares 98.5798 1.4202
Result Accepted

3. Ordinary Resolution 3
Description To approve the payment of Directors' fees amounting to HKD930,006 (approximately RM560,000 equivalent) per annum to Directors of the subsidiary company commencing from the financial year ending 31 December 2024 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 266 24
No. of Shares 452,739,266 167,880
% of Voted Shares 99.9629 0.0371
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 8 June 2024 until the next annual general meeting of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 282 5
No. of Shares 453,067,396 1,900
% of Voted Shares 99.9996 0.0004
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 8 June 2024 until the next annual general meeting of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 280 6
No. of Shares 453,023,666 36,680
% of Voted Shares 99.9919 0.0081
Result Accepted

6. Ordinary Resolution 6
Description To re-elect Dato' 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 189 103
No. of Shares 380,887,418 72,216,978
% of Voted Shares 84.0617 15.9383
Result Accepted

7. Ordinary Resolution 7
Description To re-elect Ms. Gan Pei Joo 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 216 56
No. of Shares 397,504,062 19,907,439
% of Voted Shares 95.2307 4.7693
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 287 2
No. of Shares 453,102,396 1,500
% of Voted Shares 99.9997 0.0003
Result Accepted

9. Ordinary Resolution 9
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 221 66
No. of Shares 323,375,380 129,682,310
% of Voted Shares 71.3762 28.6238
Result Accepted

10. Ordinary Resolution 10
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 280 8
No. of Shares 312,668,026 24,130
% of Voted Shares 99.9923 0.0077
Result Accepted

11. Ordinary Resolution 11
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 272 24
No. of Shares 395,314,266 57,786,130
% of Voted Shares 87.2465 12.7535
Result Accepted

Announcement Info

Company Name PENTAMASTER CORPORATION BERHAD
Stock Name PENTA
Date Announced 07 Jun 2024
Category General Meeting
Reference Number GMA-07062024-00010
Corporate Action ID MY240607MEET0010