[SOP] General Meeting on 26-Jun-2024

Stock
[SOP]: SARAWAK OIL PALMS BHD
Announcement Date
30-Apr-2024
Reference No.
GMA-30042024-00002
Corporate Action ID
MY240430MEET0002
Type
General Meeting
Date & Time
26-Jun-2024 10:00
Depositor Date
18-Jun-2024
Venue
THE CONFERENCE ROOM OF IMPERIAL HOTEL, JALAN POS 98000 Miri Sarawak
Description
SARAWAK OIL PALMS BERHAD NOTICE OF 56TH ANNUAL GENERAL MEETING
4. SOPB Notice of Meeting.pdf
Outcome

The Board of Directors of Sarawak Oil Palms Berhad ("SOPB"or the "Company") wishes to announce that the resolutions as set out in the Notice of AGM dated 30 April 2024 were duly passed by the shareholders of the Company at the 56th Annual General Meeting of the Company held on 26 June 2024.

All the resolutions were voted by poll and the results of the poll were validated by David Siaw & Co Advocates, the independent scrutineer appointed by the Company.

Please refer to the attachment for the poll results.

This announcement is dated 26 June 2024.

Voting Results

1. Resolution 1

Description 
To declare a Final Dividend in respect of the financial year ended 31 December 2023 as recommended by the Directors.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 128 0
No. of Shares 595,331,726 0
% of Voted Shares 100.0000 0.0000
Result Accepted

2. Resolution 2

Description 
To approve the payment of Directors Fees for the financial year ending 31 December 2024, payable quarterly in arrears after each month of completed service of the Directors during the financial year.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 117 9
No. of Shares 590,075,873 925,003
% of Voted Shares 99.8435 0.1565
Result Accepted

3. Resolution 3

Description 
To approve the payment of Directors benefit for the period from 1 January 2024 until the conclusion of the next Annual General Meeting.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 117 9
No. of Shares 590,075,873 925,003
% of Voted Shares 99.8435 0.1565
Result Accepted

4. Resolution 4

Description 
To re-elect the following Directors who retire pursuant to Article 93 of the Companys Constitution and being eligible, offer themselves for re-election.
- Ling Chiong Sing
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 45 83
No. of Shares 569,585,632 25,746,094
% of Voted Shares 95.6753 4.3247
Result Accepted

5. Resolution 5

Description 
To re-elect the following Directors who retire pursuant to Article 93 of the Companys Constitution and being eligible, offer themselves for re-election.
- Fong Yoo Kaw @ Fong Yee Kow, Victor
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 112 15
No. of Shares 591,186,073 4,095,653
% of Voted Shares 99.3120 0.6880
Result Accepted

6. Resolution 6

Description 
To re-elect the following Directors who retire pursuant to Article 93 of the Companys Constitution and being eligible, offer themselves for re-election.
- Tang Tiong Ing
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 44 84
No. of Shares 569,660,532 25,671,194
% of Voted Shares 95.6879 4.3121
Result Accepted

7. Resolution 7

Description 
To appoint Messrs KPMG PLT as Auditors of the Company and to authorise the Board of Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 111 17
No. of Shares 594,592,913 738,813
% of Voted Shares 99.8759 0.1241
Result Accepted

8. Resolution 8

Description 
As Special Businesses
Continuation in office as Independent Non-Executive Director
- Fong Yoo Kaw @ Fong Yee Kow, Victor
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 108 15
No. of Shares 278,176,873 4,289,753
% of Voted Shares 98.4813 1.5187
Result Accepted

9. Resolution 9

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 121 0
No. of Shares 277,703,080 0
% of Voted Shares 100.0000 0.0000
Result Accepted

10. Resolution 10

Description 
Proposed Authority to issue and allot share pursuant to Sections 75 and 76 of the Companies Act 2016
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 119 9
No. of Shares 591,928,676 3,403,050
% of Voted Shares 99.4284 0.5716
Result Accepted

11. Resolution 11

Description 
Proposed Granting of ESOS Options to Perpetua Phang
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 37 91
No. of Shares 566,285,732 29,045,994
% of Voted Shares 95.1210 4.8790
Result Accepted

12. Resolution 12

Description 
Proposed Granting of ESOS Options to Bibi Umizah Binti Osman
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 36 92
No. of Shares 566,262,782 29,068,944
% of Voted Shares 95.1172 4.8828
Result Accepted

Remark
-
Market Buzz

2024-06-26

Meeting Outcome

General Meeting on 26-Jun-2024.

Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment