General Meetings: Outcome Of Meeting

Back Jun 18, 2020
Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 18 Jun 2020
Time 10:00 AM
Venue(s)

Meeting Room, Securities Services (Holdings) Sdn. Bhd.,

Level 7, Menara Milenium, Jalan Damanlela,

Pusat Bandar Damansara, Damansara Heights,

50490 Kuala Lumpur, Wilayah Persekutuan

Malaysia
Outcome of Meeting

The Board of Directors of Cypark Resources Berhad ("the Company") wishes to announce that all resolutions as set out in the Notice of the Postponed Fifteenth Annual General Meeting ("Postponed 15th AGM") of the Company dated 20 May 2020 were passed by the shareholders of the Company at the Postponed 15th AGM held today. All the resolutions tabled were voted by poll and the results of the poll were validated by Commercial Quest Sdn. Bhd., the independent scrutineer appointed by the Company.

This announcement is dated 18 June 2020.

Voting Results

1. Resolution 1
Description

To approve the payment of Directors' fees for the financial year ending 31 October 2020 and thereafter.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 70 7
No. of Shares 225,593,580 10,468
% of Voted Shares 99.9954 0.0046
Result Accepted

2. Resolution 2
Description

To re-elect Dato' Daud Bin Ahmad, who is due to retire 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 75 5
No. of Shares 226,078,530 8,868
% of Voted Shares 99.9961 0.0039
Result Accepted

3. Resolution 3
Description

To re-elect Encik Headir Bin Mahfidz, who is due to retire 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 67 13
No. of Shares 149,192,480 76,894,918
% of Voted Shares 65.9889 34.0111
Result Accepted

4. Resolution 4
Description

To re-appoint Messrs. Mazars PLT as Auditors of the Company until the conclusion of the next Annual General Meeting and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 74 7
No. of Shares 226,023,430 78,968
% of Voted Shares 99.9651 0.0349
Result Accepted

5. Resolution 5
Description

To retain Dato' Dr. Freezailah Bin Che Yeom as an Independent Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 61 18
No. of Shares 129,187,480 96,899,618
% of Voted Shares 57.1406 42.8594
Result Accepted

6. Resolution 6
Description

To retain Encik Headir bin Mahfidz as an Independent Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 61 18
No. of Shares 129,187,480 96,899,618
% of Voted Shares 57.1406 42.8594
Result Accepted

7. Resolution 7
Description

Proposed Renewal of Existing Shareholder Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 63 8
No. of Shares 116,481,326 27,468
% of Voted Shares 99.9764 0.0236
Result Accepted

8. Resolution 8
Description

Proposed Renewal of Authority for Share Buy-Back.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 76 5
No. of Shares 226,117,080 9,368
% of Voted Shares 99.9959 0.0041
Result Accepted

9. Resolution 9
Description

Authority to Issue Shares pursuant to the Companies Act 2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 66 13
No. of Shares 163,144,180 42,912,268
% of Voted Shares 79.1745 20.8255
Result Accepted

10. Resolution 10
Description

Proposed Renewal of the Authority to allot and issue new ordinary shares in Cypark Resources Berhad ("CRB" or "the Company"), for the purpose of the Dividend Reinvestment Scheme of the Company which will provide the shareholders of CRB with the option to elect to reinvest their cash dividend in CRB shares.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 72 10
No. of Shares 226,028,980 27,618
% of Voted Shares 99.9878 0.0122
Result Accepted



Announcement Info

Company Name CYPARK RESOURCES BERHAD
Stock Name CYPARK
Date Announced 18 Jun 2020
Category General Meeting
Reference Number GMA-17062020-00004
Corporate Action ID MY200617MEET0004