GENERAL MEETINGS: Outcome of Meeting
| PACIFIC & ORIENT BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 24 Feb 2025 |
| Time | 10:30 AM |
| Venue(s) |
Broadcast Venue Conference Room, 17th Floor Wisma Bumi Raya, No. 10, Jalan Raja Laut 50350 Kuala Lumpur Malaysia |
| Outcome of Meeting | The Board of Directors of Pacific & Orient Berhad is pleased to announce that the resolutions as set out in the Notice of 31st Annual General Meeting dated 24 January 2025 were duly passed by way of poll at the 31st Annual General Meeting held on 24 February 2025.
The results were validated by Cygnus Technology Solutions Sdn. Bhd., the independent Scrutineer appointed by the Company.
This announcement is dated 24 February 2025. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To approve the Directors' Fees payable to the Non-Executive Directors of the Company up to an amount of RM800,000 from the day after the 31st Annual General Meeting until the next Annual General Meeting of the Company |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 82 | 13 |
| No. of Shares | 186,531,447 | 1,127,481 |
| % of Voted Shares | 99.3992 | 0.6008 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To approve the Directors' benefits and meeting allowance payable to the Non-Executive Directors of the Company up to an amount of RM200,000 from the day after the 31st Annual General Meeting until the next Annual General Meeting |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 79 | 16 |
| No. of Shares | 186,530,233 | 1,128,695 |
| % of Voted Shares | 99.3985 | 0.6015 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To re-elect Mr. Ong Seng Pheow who retires as Director of the Company pursuant to Article 77 of the Constitution of the Company |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 90 | 5 |
| No. of Shares | 186,544,122 | 1,113,810 |
| % of Voted Shares | 99.4065 | 0.5935 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To re-appoint Messrs. Ernst & Young PLT as Auditors and to authorise the Board of Directors to fixe their remuneration |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 91 | 5 |
| No. of Shares | 186,551,817 | 1,107,115 |
| % of Voted Shares | 99.4100 | 0.5900 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
Authority to allot and issue shares pursuant to Sections 75 & 76 of the Companies Act 2016 |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 87 | 8 |
| No. of Shares | 186,546,247 | 1,112,681 |
| % of Voted Shares | 99.4071 | 0.5929 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
Proposed renewal of authority for the purchase by the Company of its own shares |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 89 | 7 |
| No. of Shares | 186,551,772 | 1,107,160 |
| % of Voted Shares | 99.4100 | 0.5900 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | PACIFIC & ORIENT BERHAD |
| Stock Name | P&O |
| Date Announced | 24 Feb 2025 |
| Category | General Meeting |
| Reference Number | GMA-20022025-00002 |
| Corporate Action ID | MY250220MEET0002 |