PERSTIM

1.520

-0.05 (-3.2%)

GENERAL MEETINGS: Outcome of Meeting

PERUSAHAAN SADUR TIMAH MALAYSIA (PERSTIMA) BHD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 26 Aug 2025
Time 02:30 PM

Venue(s)
Dewan Berjaya, Bukit Kiara Equestrian & Country Resort

Jalan Bukit Kiara, Off Jalan Damansara

60000 Kuala Lumpur

Malaysia

Outcome of Meeting

The Board of Directors of Perusahaan Sadur Timah Malaysia (Perstima) Berhad (the "Company") wishes to announce that all the resolutions as set out in the Notice of the Forty-Seventh Annual General Meeting ("47th AGM") of the Company dated 28 July 2025 were duly approved by the shareholders of the Company by way of poll via electronic voting at the 47th AGM of the Company held today, 26 August 2025.

 

The results of the poll were validated by SKY Corporate Services Sdn. Bhd., the Independent Scrutineers appointed by the Company.

 

The details of the poll results for Ordinary Resolutions 7 and 8 are as follows:-

 

Resolution

Description

Sahreholders Action

Voted

No. of Shareholders

No. of Shares

% of Voted Shares

Results

Ordinary 7 -Tier 1

Authority for Mr Dominic Aw Kian-Wee to continue in office as an Independent Director of the Company

For Voting

For

 

 

Against

1

 

 

0

42,402,806

 

 

0

100

 

 

0

Accepted

Ordinary 7 -Tier 2

Authority for Mr Dominic Aw Kian-Wee to continue in office as an Independent Director of the Company

For Voting

For

 

 

Against

25

 

 

9

44,990,622

 

 

72,100

99.8400

 

 

0.1600

Accepted

Ordinary 8

- Tier 1

Authority for Puan Mastura binti Mansor to continue in office as an Independent Director of the Company

For Voting

For

 

 

Against

1

 

 

0

42,402,806

 

 

0

100

 

 

0

Accepted

Ordinary 8

- Tier 2

Authority for Puan Mastura binti Mansor to continue in office as an Independent Director of the Company

For Voting

For

 

 

Against

25

 

 

9

44,990,622

 

 

72,100

99.8400

 

 

0.1600

Accepted

 

 

Please refer to the attachment for the details of the poll results.

 

This announcement is dated 26 August 2025.


Voting Results


1. Ordinary Resolution 1

Description
To re-elect Mr Dominic Aw Kian-Wee who is retiring in accordance with Clause 99 of the Constitution of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 26 9
No. of Shares 87,446,928 18,600
% of Voted Shares 99.9787 0.0213
Result Accepted

2. Ordinary Resolution 2

Description
To re-elect Mr Lim Poh Seong who is retiring in accordance with Clause 106 of the Constitution of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 26 8
No. of Shares 87,446,728 18,500
% of Voted Shares 99.9788 0.0212
Result Accepted

3. Ordinary Resolution 3

Description
To approve the Non-Executive Directors' fees of RM510,000 for the financial year ended 31 March 2025 and the payment thereof.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 25 8
No. of Shares 87,446,628 18,500
% of Voted Shares 99.9788 0.0212
Result Accepted

4. Ordinary Resolution 4

Description
To approve the benefits payable to the Non-Executive Directors up to an aggregate amount of RM35,000 for the period from 27 August 2025 until the next Annual General Meeting of the Company in year 2026 and the payment thereof.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 26 8
No. of Shares 87,446,928 18,500
% of Voted Shares 99.9788 0.0212
Result Accepted

5. Ordinary Resolution 5

Description
To re-appoint KPMG PLT as the Auditors of the Company and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 29 6
No. of Shares 87,458,528 7,000
% of Voted Shares 99.9920 0.0080
Result Accepted

6. Ordinary Resolution 6

Description
Proposed Renewal of Existing Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 27 6
No. of Shares 52,113,428 7,000
% of Voted Shares 99.9866 0.0134
Result Accepted

7. Ordinary Resolution 7

Description
Authority for Mr Dominic Aw Kian-Wee to continue in office as an Independent Director of the Company
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 25 9
No. of Shares 44,990,622 72,100
% of Voted Shares 99.8400 0.1600
Result Accepted

8. Ordinary Resolution 8

Description
Authority for Puan Mastura binti Mansor to continue in office as an Independent Director of the Company
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 25 9
No. of Shares 44,990,622 72,100
% of Voted Shares 99.8400 0.1600
Result Accepted



Please refer attachment below.




Announcement Info

Company Name PERUSAHAAN SADUR TIMAH MALAYSIA (PERSTIMA) BHD
Stock Name PERSTIM
Date Announced 26 Aug 2025
Category General Meeting
Reference Number GMA-26082025-00015
Corporate Action ID MY250826MEET0015