GENERAL MEETINGS: Outcome of Meeting
| PANDA ECO SYSTEM BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 26 May 2025 |
| Time | 10:00 AM |
| Venue(s) |
Ames Hotel Melaka, Jalan PKAK 2, Pusat Komersial Ayer Keroh, 75450 Ayer Keroh, Melaka Malaysia |
| Outcome of Meeting | The Board of Directors of Panda Eco System Berhad ("the Company") wishes to announce the outcome of the Company's 3rd Annual General Meeting ("AGM") held on 26 May 2025.
The voting in respect of all the resolutions was carried out by way of poll and the results were validated by NeedsBridge Advisory Sdn. Bhd., the Independent Scrutineer appointed for the purpose.
The details of the said results are set out below and as per the attachment.
This announcement is dated 26 May 2025. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To approve a final single tier dividend of 0.25 sen per ordinary share in respect of the financial year ended 31 December 2024. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 22 | 0 |
| No. of Shares | 33,539,400 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To approve the payment of Directors' Fees and Benefits Payable to the Non-Executive Directors of up to RM425,000 for the period from 27 May 2025 until the date of the next Annual General Meeting of the Company to be held in 2026. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 18 | 1 |
| No. of Shares | 32,929,400 | 10,000 |
| % of Voted Shares | 99.9696 | 0.0304 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To re-elect Mr. Chan Kam Chiew as the Director who retires under Clause 95.1 of the Constitution of the Company and being eligible, offer himself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 22 | 0 |
| No. of Shares | 33,539,400 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To re-elect Dato' Leanne Koh Li Ann as the Director who retires under Clause 95.1 of the Constitution of the Company and being eligible, offer herself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 21 | 0 |
| No. of Shares | 33,339,400 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To re-appoint Messrs. Crowe Malaysia PLT as the Auditors of the Company for the financial year ending 31 December 2025 and to authorise the Directors to fix their remuneration. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 21 | 0 |
| No. of Shares | 33,519,400 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
Authority to allot and issue shares pursuant to Sections 75 and 76 of the Companies Act, 2016. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 22 | 0 |
| No. of Shares | 33,539,400 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
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 | 20 | 0 |
| No. of Shares | 20,937,000 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
8. Special Resolution |
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| Description |
Proposed Amendments to the Constitution of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 22 | 0 |
| No. of Shares | 33,539,400 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | PANDA ECO SYSTEM BERHAD |
| Stock Name | PANDA |
| Date Announced | 26 May 2025 |
| Category | General Meeting |
| Reference Number | GMA-26052025-00003 |
| Corporate Action ID | MY250526MEET0003 |