[PINEPAC] General Meeting on 27-Nov-2024

Stock
[PINEPAC]: PINEHILL PACIFIC BERHAD
Announcement Date
25-Oct-2024
Reference No.
GMA-20102024-00003
Corporate Action ID
MY241020MEET0003
Type
General Meeting
Date & Time
27-Nov-2024 11:00
Depositor Date
19-Nov-2024
Venue
Meeting Room of Securities Services (Holdings) Sdn Bhd Level 7, Menara Milenium, Jalan Damanlela Pusat Bandar Damansara, Damansara Heights 50490 Kuala Lumpur, Wilayah Persekutuan
Description
PINEHILL PACIFIC BERHAD - NOTICE OF ONE-HUNDREDTH AND SECOND ANNUAL GENERAL MEETING
AGM Notice and Admin Guide.pdf
Outcome

The Board of Directors of Pinehill Pacific Berhad ("PinePac" or "Company") is pleased to announce that all the resolutions as set out in the Notice of the One-Hundredth and SecondAnnual General Meeting ("102nd AGM") of PinePacdated 28 October 2024were duly passed by way of poll at the 102nd AGM of PinePac, which was conducted on a virtual basis at the Broadcast Venue atMeeting Room of Securities Services (Holdings) Sdn Bhd, Level 7, Menara Milenium, Jalan Damanlela, Pusat Bandar Damansara, Damansara Heights, 50490 Kuala Lumpur, Wilayah Persekutuan,Malaysia,on 27 November 2024.

All the resolutions were voted by poll and the results of the poll were validated by Commercial Quest Sdn. Bhd, the independent scrutineer appointed for the 102nd AGM of the Company.

The details of the poll results are set out below.

Voting Results

1. Resolution 1

Description 
To approve the payment of Directors Fees of RM192,000/- for the financial year ended 30 June 2024.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 330 21
No. of Shares 49,135,774 50,207
% of Voted Shares 99.8979 0.1021
Result Accepted

2. Resolution 2

Description 
To approve the payment of benefits payable to the Non-Executive Directors of up to an amount of RM95,000/- from 1 July 2024 until the conclusion of the next Annual General Meeting of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 326 25
No. of Shares 49,131,672 54,309
% of Voted Shares 99.8896 0.1104
Result Accepted

3. Resolution 3

Description 
To re-elect Dato Nik Mohd Amin Bin Nik Abu Bakar who retire by rotation pursuant to Clause 100 of the Company's Constitution, and who being eligible, has offered himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 333 18
No. of Shares 49,182,976 7,005
% of Voted Shares 99.9858 0.0142
Result Accepted

4. Resolution 4

Description 
To re-elect Mr. K. Selveswaran Kanagaratnam who retire by rotation pursuant to Clause 100 of the Company's Constitution, and who being eligible, has offered himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 334 17
No. of Shares 49,183,976 6,005
% of Voted Shares 99.9878 0.0122
Result Accepted

5. Resolution 5

Description 
To re-appoint Messrs Grant Thornton Malaysia PLT as Auditors of the Company for the financial year ending 30 June 2025 and to authorise the Directors to fix their remuneration for that year.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 336 14
No. of Shares 49,182,978 2,003
% of Voted Shares 99.9959 0.0041
Result Accepted

6. Resolution 6

Description 
Authority to Issue Shares Pursuant to Sections 75 and 76 of the Companies Act 2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 332 22
No. of Shares 49,139,172 51,209
% of Voted Shares 99.8959 0.1041
Result Accepted

Remark
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Market Buzz

2024-11-27

Meeting Outcome

General Meeting on 27-Nov-2024.

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