General Meetings: Outcome Of Meeting

Back Apr 09, 2019
Type of Meeting Annual General Meeting
Indicator Outcome of Meeting
Date of Meeting 09 Apr 2019
Time 10:00 AM
Venue

Ballroom 2, Level LG, Eastin Hotel, 13, Jalan 16/11, Pusat Dagang Seksyen 16, 46350 Petaling Jaya, Selangor Darul Ehsan
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 Fourteenth Annual General Meeting ("14th AGM") of the Company dated 9 April 2019 were passed by the shareholders of the Company at the 14th AGM held today except for Resolution 3 in relation to the payment of Directors' benefits, which was not tabled at the 14th AGM held today as there would not be any other benefits payable to the Independent Non-Executive Directors. 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 9 April 2019.

Voting Results

Resolution Vote in favour Vote Against Results
No. of Shares % No. of Shares %

Ordinary Resolution 1 To approve the declaration and payment of single-tier final dividend of 3.9 sen per ordinary share for the financial year ended 31 October 2018.

 205,548,983 99.999976 50 0.000024 Carried

Ordinary Resolution 2 To approve the payment of Director’s fees for the financial year ending 31 October 2019 and thereafter.

 182,657,133 89.066942 22,421,350 10.933058 Carried

Ordinary Resolution 4 To re-elect Dato’ Dr. Freezailah Bin Che Yeom, who is due to retire in accordance with Article 84 of the Company’s Articles of Association and being eligible, has offered himself for re-election.

 183,182,483 89.118630 22,366,550 10.881370 Carried

Ordinary Resolution 5 To re-elect Datuk Abdul Malek Bin Abdul Azizi, who is due to retire in accordance with Article 84 of the Company’s Articles of Association and being eligible, has offered himself for re-election.

 180,958,933 90.804076 18,326,100 9.195924 Carried

Ordinary Resolution 6 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.

 204,558,183 99.517998 990,750 0.482002 Carried

Ordinary Resolution 7 Retention of Dato' Dr. Freezailah Bin Che Yeom as an Independent Director.

 177,292,483 88.964319 21,992,450 11.035681 Carried

Ordinary Resolution 8 Retention of Encik Headir Bin Mahfidz as an Independent Director.

 183,547,633 89.296320 22,001,300 10.703680 Carried

Ordinary Resolution 9 Proposed Renewal of Existing Shareholder Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature.

 80,673,929 98.785477 991,850 1.214523 Carried

Ordinary Resolution 10 Proposed Renewal of Authority for Share Buy-Back.

 204,416,833 99.449183 1,132,200 0.550818 Carried

Ordinary Resolution 11 Authority to Issue Shares pursuant to the Companies Act 2016.

 176,294,083 88.463949 22,989,450 11.536051 Carried

Ordinary Resolution 12 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.

 205,548,983 99.999976 50 0.000024 Carried

Special Resolution Proposed Adoption of a New Constitution of the Company.

 205,548,883 99.999927 150 0.000073 Carried

 

Announcement Info

Company Name CYPARK RESOURCES BERHAD
Stock Name CYPARK
Date Announced 09 Apr 2019
Category General Meeting
Reference Number GMA-01042019-00004