GENERAL MEETINGS: Outcome of Meeting
| PETRON MALAYSIA REFINING & MARKETING BHD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 17 Jun 2025 |
| Time | 02:00 PM |
| Venue(s) |
BALLROOM SIME DARBY CONVENTION CENTRE 1A, JALAN BUKIT KIARA 60000 KUALA LUMPUR Malaysia |
| Outcome of Meeting | Petron Malaysia Refining & Marketing Bhd ("the Company") is pleased to announce that the ordinary resolutions as set out in the Notice of 66th Annual General Meeting ("AGM") dated 25 April 2025 were dulu passed at the AGM held on 17 June 2025.
The Audited Financial Statement for the financial year ended 31 December 2024 and the Reports of the Auditors thereon were received and duly tabled under Agenda 1.
Resolutions 1, 2, 3, 4, 5, 6, 7 and 8 were voted on a poll in accordance with Paragraph 8.29A of Bursa Malaysia Securites Berhad Main Market Listing Requirements. The results of the poll were validated by Coopers Professional Scrutineers Sdn. Bhd. (1193583-M), the independent scrutineer appointed by the Company.
Detailed results are as per attachment and as set out below.
This announcement is dated 17 June 2025. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To approve the declaration of a final dividend of 10 sen per ordinary share for the year ended 31 December 2024 |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 151 | 9 |
| No. of Shares | 205,214,685 | 24,920 |
| % of Voted Shares | 99.9879 | 0.0121 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To re-elect Ms. Aurora T. Calderon retiring in accordance with Article 103 and 104 of the Company's Constitution |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 117 | 43 |
| No. of Shares | 203,594,456 | 1,645,149 |
| % of Voted Shares | 99.1984 | 0.8016 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To re-elect Mr. Fong Seow Kee retiring in accordance with Article 103 and 104 of the Company's Constitution |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 145 | 15 |
| No. of Shares | 205,209,383 | 30,222 |
| % of Voted Shares | 99.9853 | 0.0147 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To re-elect Y. Bhg. Dato' Noorizah Bt. Hj. Abd. Hamid retiring in accordance with Article 103 and 104 of the Company's Constitution |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 145 | 16 |
| No. of Shares | 205,210,373 | 30,232 |
| % of Voted Shares | 99.9853 | 0.0147 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
||
| Description |
To elect Y. Bhg. Datuk Prakash Chandran Madhu Sudanan pursuant to Article 109 of the Company's Constitution |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 145 | 16 |
| No. of Shares | 205,210,374 | 30,231 |
| % of Voted Shares | 99.9853 | 0.0147 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
To approve the payment of Directors' fees and benefits payable to the Independent Directors with effect from 1 January 2025 until the next AGM of the Company |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 134 | 27 |
| No. of Shares | 205,160,273 | 80,332 |
| % of Voted Shares | 99.9609 | 0.0391 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
To appoint Messrs PricewaterhouseCoopers PLT as Auditor of the Company and to authorize the Directors to determine their remuneration |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 148 | 13 |
| No. of Shares | 205,215,474 | 25,131 |
| % of Voted Shares | 99.9878 | 0.0122 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
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| Description |
Proposed Renewal and New Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 145 | 15 |
| No. of Shares | 7,030,021 | 31,521 |
| % of Voted Shares | 99.5536 | 0.4464 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | PETRON MALAYSIA REFINING & MARKETING BHD |
| Stock Name | PETRONM |
| Date Announced | 17 Jun 2025 |
| Category | General Meeting |
| Reference Number | GMA-11062025-00006 |
| Corporate Action ID | MY250611MEET0006 |