[ORNA] General Meeting on 26-Jun-2024

Stock
[ORNA]: ORNAPAPER BHD
Announcement Date
29-Apr-2024
Reference No.
GMA-24042024-00050
Corporate Action ID
MY240424MEET0049
Type
General Meeting
Date & Time
26-Jun-2024 10:30
Depositor Date
18-Jun-2024
Venue
Function Room 2, Level 2, Holiday Inn Melaka, Jalan Syed Abdul Aziz, 75000 Melaka
Description
Twenty-Second Annual General Meeting
Notice of 22nd AGM.pdf
Outcome

The Board of Directors of Ornapaper Berhad ("ORNA"or "the Company") wishes to announce that the shareholders of the Company have approved all the resolutions as set out in the Notice of the Twenty-Second Annual General Meeting (“AGM”) dated 30 April 2024 at the Twenty-Second AGM held today.

All the resolutions were voted by poll at the Twenty-Second AGM and the results were verified by the representative from Needsbridge Advisory Sdn. Bhd., the Independent Scrutineer appointed by the Company.

The details of the poll results are set out below.

This announcement is dated 26 June 2024.

Remarks: Tier 1 and Tier 2 results for Resolution 10

Resolution

Description

Shareholders Action

Voted

Results

Voted

No. of Shareholders

No. of Shares

% of Voted Shares

Resolution 10 (Tier 1)

Retention of Mr. Tan Chin Hwee as an Independent Non-Executive Director of the Company.

For voting

For

Against

4

0

38,479,543

0

100.000000

0.000000

Accepted

Resolution 10 (Tier 2)

Retention of Mr. Tan Chin Hwee as an Independent Non-Executive Director of the Company.

For voting

For

Against

17

0

3,328,500

0

100.000000

0.000000

Accepted

Voting Results

1. Resolution 1

Description 
To approve the payment of Directors' fees up to an amount of RM255,000/- from 27 June 2024 until the Twenty-Third AGM of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 21 0
No. of Shares 41,808,043 0
% of Voted Shares 100.0000 0.0000
Result Accepted

2. Resolution 2

Description 
To approve the payment of Directors' benefits payable up to an amount of RM32,000/-, from 27 June 2024 until the Twenty-Third AGM of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 21 0
No. of Shares 41,808,043 0
% of Voted Shares 100.0000 0.0000
Result Accepted

3. Resolution 3

Description 
To re-elect Mr. Sai Han Siong who is retiring in accordance with Clause 120 of the Company's Constitution and being eligible, has offered himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 21 0
No. of Shares 41,808,043 0
% of Voted Shares 100.0000 0.0000
Result Accepted

4. Resolution 4

Description 
To re-elect Mr. Ang Kwee Teng who is retiring in accordance with Clause 119 of the Company's Constitution and being eligible, has offered himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 21 0
No. of Shares 41,808,043 0
% of Voted Shares 100.0000 0.0000
Result Accepted

5. Resolution 5

Description 
To re-elect Mr. Lim Kit Ming who is retiring in accordance with Clause 119 of the Company's Constitution and being eligible, has offered himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 21 0
No. of Shares 41,808,043 0
% of Voted Shares 100.0000 0.0000
Result Accepted

6. Resolution 6

Description 
To re-elect Ms. Sean Ne Teo who is retiring in accordance with Clause 119 of the Company's Constitution and being eligible, has offered herself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 21 0
No. of Shares 41,808,043 0
% of Voted Shares 100.0000 0.0000
Result Accepted

7. Resolution 7

Description 
To re-elect Mr. Lim Joo Song who is retiring in accordance with Clause 119 of the Company's Constitution and being eligible, has offered himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 21 0
No. of Shares 41,808,043 0
% of Voted Shares 100.0000 0.0000
Result Accepted

8. Resolution 8

Description 
To re-appoint Crowe Malaysia 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 21 0
No. of Shares 41,808,043 0
% of Voted Shares 100.0000 0.0000
Result Accepted

9. Resolution 9

Description 
Authority to Issue Shares pursuant to Sections 75 and 76 of the Companies Act 2016 and Waiver of Pre-Emptive Rights.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 21 0
No. of Shares 41,808,043 0
% of Voted Shares 100.0000 0.0000
Result Accepted

10. Resolution 10

Description 
Retention of Mr. Tan Chin Hwee as an Independent Non-Executive Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 21 0
No. of Shares 41,808,043 0
% of Voted Shares 100.0000 0.0000
Result Accepted

11. Resolution 11

Description 
Proposed Renewal of Shareholders' Mandate for Existing Recurrent Related Party Transactions of a Revenue or Trading Nature.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 13 0
No. of Shares 2,154,000 0
% of Voted Shares 100.0000 0.0000
Result Accepted

12. Resolution 12

Description 
Proposed Renewal of Authority for the Company to Purchase Its Own Shares.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 21 0
No. of Shares 41,808,043 0
% of Voted Shares 100.0000 0.0000
Result Accepted

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