GENERAL MEETINGS: Outcome of Meeting
| UPA CORPORATION BHD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 13 Jun 2025 |
| Time | 11:00 AM |
| Venue(s) |
Seng Peng Hall, Ground Floor Wisma Chinese Chamber 258, Jalan Ampang 50450 Kuala Lumpur, Wilayah Persekutuan Malaysia |
| Outcome of Meeting | UPA Corporation Bhd. (“Company”) wishes to inform that at the 29th Annual General Meeting ("29th AGM") of the Company held on Friday, 13 June 2025:
1. the Audited Financial Statements for the financial year ended 31 December 2024 together with the reports of the Directors and Auditors thereon, were properly laid and received by the members present at the 29th AGM; and
2. all the resolutions set forth in the Notice of 29th AGM dated 30 April 2025 were duly passed by way of poll.
The poll results at the 29th AGM were verified by M/s Lawco Corporate Services Sdn. Bhd., the Independent Scrutineers appointed by the Company pursuant to Paragraph 8.29A(2) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad. Please refer to the attachment for the details of the poll results.
This announcement is dated 13 June 2025. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To approve the payment of Directors' fees of RM300,000.00 for the financial year ended 31 December 2024. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 29 | 1 |
| No. of Shares | 130,176,796 | 3,000 |
| % of Voted Shares | 99.9977 | 0.0023 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
||
| Description |
To approve the Directors' benefits of up to RM150,000.00 with effect from 14 June 2025 until the next Annual General Meeting of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 29 | 1 |
| No. of Shares | 130,176,796 | 3,000 |
| % of Voted Shares | 99.9977 | 0.0023 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
||
| Description |
To re-elect Mr. Chua Ngeun Lok, the Director who retires in accordance with Clause 86.1 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 29 | 1 |
| No. of Shares | 130,176,796 | 3,000 |
| % of Voted Shares | 99.9977 | 0.0023 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
||
| Description |
To re-elect Mr. Chua Ngeun Seong, the Director who retires in accordance with Clause 86.1 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 29 | 1 |
| No. of Shares | 130,176,796 | 3,000 |
| % of Voted Shares | 99.9977 | 0.0023 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
||
| Description |
To re-appoint Messrs. Baker Tilly Monteiro Heng 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 | 29 | 1 |
| No. of Shares | 130,176,796 | 3,000 |
| % of Voted Shares | 99.9977 | 0.0023 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
||
| Description |
Retention of Mr. Low Hong Keng as Independent Non-Executive Director. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 29 | 1 |
| No. of Shares | 130,176,796 | 3,000 |
| % of Voted Shares | 99.9977 | 0.0023 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
||
| Description |
Retention of Mr. Ong Whee Sen as Independent Non-Executive Director. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 27 | 3 |
| No. of Shares | 130,174,796 | 5,000 |
| % of Voted Shares | 99.9962 | 0.0038 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
||
| Description |
Approval for Allotment of shares or Grant of rights. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 27 | 3 |
| No. of Shares | 130,171,896 | 7,900 |
| % of Voted Shares | 99.9939 | 0.0061 |
| Result | Accepted | |
9. Ordinary Resolution 9 |
||
| Description |
Proposed Share Buy-Back. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 29 | 1 |
| No. of Shares | 130,176,796 | 3,000 |
| % of Voted Shares | 99.9977 | 0.0023 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | UPA CORPORATION BHD |
| Stock Name | UPA |
| Date Announced | 13 Jun 2025 |
| Category | General Meeting |
| Reference Number | GMA-13062025-00011 |
| Corporate Action ID | MY250613MEET0011 |