GENERAL MEETINGS: Outcome of Meeting

PETRON MALAYSIA REFINING & MARKETING BHD

Type of Meeting Annual General Meeting
Indicator Outcome of Meeting
Date of Meeting 07 Jun 2018
Time 02:00 PM
Venue
Ballroom, Ground Level,
Grand Dorsett Subang Hotel,
Jalan SS12/1,
47500 Subang Jaya,
Selangor
Outcome of Meeting

Petron Malaysia Refining & Marketing Bhd ("the Company") is pleased to announce that at the Company's 59th Annual General Meeting ("AGM") that was held at Ballroom, Ground Level, Grand Dorsett Subang Hotel, Jalan SS21/1, 47500 Subang Jaya, Selangor on Thursday 7th June, 2018 at 2:00pm, all resolutions tabled were duly approved. All voting was done by poll via electronic voting. The results of the poll were validated by Coopers Professional Scrutineers Sdn. Bhd., the independent scrutineer appointed by the Company.

Following our Notice of AGM dated 27 April 2018 and in relation to Resolution 4 (Appointment of Y.Bhg. Dato Zainal Abidin Putih for another term as Independent Director), we wish to inform that we had obtained legal advice that having a two-tier voting on the appointment may be contrary to Section 291 and 293 of the Companies Act 2016 in that we must first amend our Articles of Association / Constitution to provide for such two-tier voting. This was informed to the shareholders at the AGM. As such, we wish to inform that voting on Resolution 4 was not on a two-tier basis but on a normal voting by poll.

Please refer to the attachment for the detailed outcome of the 59th AGM of the Company.

This anouncement is dated 7 June 2018.



Please refer attachment below.

Attachments

PETRONM AGM RESULT.pdf
276.1 kB



Announcement Info

Company Name PETRON MALAYSIA REFINING & MARKETING BHD
Stock Name PETRONM
Date Announced 07 Jun 2018
Category General Meeting
Reference Number GMA-06062018-00011