General Meetings: Outcome Of Meeting

Back Oct 30, 2024
Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 30 Oct 2024
Time 10:00 AM
Venue(s) Broadcast Venue at 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 the resolutions i.e., Ordinary Resolutions 1 to 8 as set out in the Notice of the Nineteenth Annual General Meeting ("19th AGM") of the Company dated 30 August 2024 had been duly passed by the shareholders of the Company at the 19th 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.

Kindly note that there was a typographical error on item 3 of the Agenda, which relates to Ordinary Resolution 3, as stated in the said Notice of the 19th AGM.

"3. To approve the payment of Directors’ fees and benefits to the Non-Executive Directors of the Company (including the potential appointment of up to two additional Non-Executive Directors) from 31 October 2024 until the next Annual General Meeting of the Company based on the following rates:-"

should be read as -

"3. To approve the payment of Directors’ fees and benefits to the Non-Executive Directors of the Company (including the potential appointment of up to two additional Non-Executive Directors) from 1 March 2024 until the next Annual General Meeting of the Company based on the following rates:-"

This announcement is dated 30 October 2024.

Voting Results

1. Ordinary Resolution 1
Description To approve the payment of Directors' fees and benefits to Dato' Mohammad Zainal Bin Shaari from his date of appointment as Director of the Company until the Nineteenth Annual General Meeting.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 149 29
No. of Shares 457,871,920 43,428
% of Voted Shares 99.9905 0.0095
Result Accepted

2. Ordinary Resolution 2
Description To approve the payment of Directors' fees and benefits to Norita Binti Ja'afar from her date of appointment as Director of the Company until the Nineteenth Annual General Meeting.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 149 29
No. of Shares 457,888,220 27,128
% of Voted Shares 99.9941 0.0059
Result Accepted

3. Ordinary Resolution 3
Description To approve the payment of Directors' fees and benefits to the Non-Executive Directors (including the potential appointment of up to two additional Non-Executive Directors) from 31 October 2024 until the next Annual General Meeting of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 148 29
No. of Shares 457,853,220 27,128
% of Voted Shares 99.9941 0.0059
Result Accepted

4. Ordinary Resolution 4
Description To elect Dato' Mohammad Zainal Bin Shaari, who was appointed by the Board during the financial year and is due to retire in accordance with Clause 118 of the Company's Constitution and being eligible, has offered himself for election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 156 22
No. of Shares 457,843,688 71,660
% of Voted Shares 99.9844 0.0156
Result Accepted

5. Ordinary Resolution 5
Description To elect Norita Binti Ja'afar, who was appointed by the Board during the financial year and is due to retire in accordance with Clause 118 of the Company's Constitution and being eligible, has offered herself for election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 158 20
No. of Shares 457,895,288 20,060
% of Voted Shares 99.9956 0.0044
Result Accepted

6. Ordinary Resolution 6
Description To re-elect Datuk Mohd Adzahar Bin Abdul Wahid, 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 155 23
No. of Shares 457,843,638 71,710
% of Voted Shares 99.9843 0.0157
Result Accepted

7. Ordinary Resolution 7
Description To re-appoint Messrs. Nexia SSY 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 165 13
No. of Shares 457,899,215 16,133
% of Voted Shares 99.9965 0.0035
Result Accepted

8. Ordinary Resolution 8
Description Authority to Issue Shares pursuant to the Companies Act 2016 and Waiver of Pre-Emptive Rights.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 148 28
No. of Shares 457,715,848 118,485
% of Voted Shares 99.9741 0.0259
Result Accepted

Announcement Info

Company Name CYPARK RESOURCES BERHAD
Stock Name CYPARK
Date Announced 30 Oct 2024
Category General Meeting
Reference Number GMA-30102024-00003
Corporate Action ID MY241030MEET0003