News

General Meetings: Outcome of Meeting

BackJun 10, 2019
Type of Meeting Annual General Meeting
Indicator Outcome of Meeting
Date of Meeting 10 Jun 2019
Time 12:00 PM
Venue

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

The Board of Pentamaster Corporation Berhad ("PCB" or "the Company") is pleased to announce that at the 17th Annual General Meeting of the Company held on 10 June 2019, all the resolutions set out in the Notice of the Annual General Meeting dated 29 April 2019 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 in the attachment.

This announcement is dated 10 June 2019.

Voting Results

Resolution Vote in favour Vote Against Results
No. of Shares % No. of Shares %

Ordinary Resolution 1 To approve the payment of Directors’ fees amounting to RM192,000 to Directors of the Company for the financial year ended 31 December 2018.

 138,818,498 100.000000 100 0.000000 Carried

Ordinary Resolution 2 To approve the payment of Directors’ fees amounting to HKD732,000 (approximately RM390,000 equivalent) per annum to Directors of the subsidiary company commencing from the financial year ending 31 December 2019 and that such fees to the Directors of the subsidiary company shall continue until otherwise resolved.

 125,545,086 90.440000 13,273,512 9.560000 Carried

Ordinary Resolution 3 To approve the payment of benefits of up to RM35,000 to the Non-Executive Directors of the Company from 11 June 2019 until the next Annual General Meeting of the Company.

 131,173,898 100.000000 100 0.000000 Carried

Ordinary Resolution 4 To approve the payment of benefits of up to RM35,000 to the Non-Executive Directors of the subsidiary company from 11 June 2019 until the next Annual General Meeting of the Company.

 131,173,898 100.000000 100 0.000000 Carried

Ordinary Resolution 5 To re-elect Mr. Chuah Choon Bin as a Director of the Company in accordance with Article 95(1) of the Company’s Constitution.

 128,542,286 93.450000 9,010,612 6.550000 Carried

Ordinary Resolution 6 To re-elect Mr. Chuah Chong Ewe as a Director of the Company in accordance with Article 95(1) of the Company’s Constitution.

 136,369,284 99.140000 1,183,614 0.860000 Carried

Ordinary Resolution 7 To re-appoint Grant Thornton as Auditors of the Company and to authorize the Directors to fix their remuneration.

 124,013,670 90.160000 13,539,228 9.840000 Carried

Ordinary Resolution 8 (1st tier) 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 12 years to continue to act as an Independent Non-Executive Director of the Company.

 62,186,720 100.000000 0 0.000000 Carried

Ordinary Resolution 8 (2nd tier) 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 12 years to continue to act as an Independent Non-Executive Director of the Company.

 59,780,252 79.320000 15,585,926 20.680000 Carried

Ordinary Resolution 9 To empower the Directors to issue and allot up to 10% of the total number of issued shares of the Company.

 125,545,086 90.440000 13,273,512 9.560000 Carried

Ordinary Resolution 10 To approve the proposed renewal of shareholders’ mandate for Recurrent Related Party Transactions of a revenue or trading nature.

 124,428,352 100.000000 0 0.000000 Carried

Ordinary Resolution 11 To approve the proposed purchase by the Company of its own shares of up to 10% of its total number of issued shares.

 138,818,498 100.000000 100 0.000000 Carried

Special Resolution 1 To approve the proposed adoption of new Constitution.

 138,818,598 100.000000 0 0.000000 Carried




Announcement Info

Company Name PENTAMASTER CORPORATION BERHAD
Stock Name PENTA
Date Announced 10 Jun 2019
Category General Meeting
Reference Number GMA-07062019-00001