GENERAL MEETINGS: Outcome of Meeting

FOUNDPAC GROUP BERHAD

Type of Meeting Annual General Meeting
Indicator Outcome of Meeting
Date of Meeting 21 Nov 2018
Time 09:00 AM
Venue
Etoile Room, Hotel Equatorial Penang, 1 Jalan Bukit Jambul, Bayan Lepas, 11900 Penang
Outcome of Meeting

THIRD ANNUAL GENERAL MEETING DULY CONVENED AND HELD ON 21 NOVEMBER 2018

On behalf of the Board of Directors of FoundPac Group Berhad (the “Company” or “FPGROUP”), we wish to inform that Symphony Merchant Sdn. Bhd. was appointed by FPGROUP as scrutineer to validate the votes cast at the AGM. The poll-voting results of the AGM are as follows.

There is no key matters being discussed at the AGM. 

Voting Results

Resolution Vote in favour Vote Against Results
No. of Shares % No. of Shares %
To approve the payment of Directors’ Fee of up to RM130,000/- for the period from
December 1, 2018 until the next Annual General Meeting of the Company.
256,578,600 100.000000 100 0.000000 Carried
To approve the other benefits (excluding Directors’ Fee) payable to Non-Executive Directors of
up to RM178,400 for the period from December 1, 2018 until the next Annual General Meeting of
the Company.
256,994,380 99.804100 504,320 0.195900 Carried
To re-elect Tan Sin Khoon, a Director retiring under Article 97(1) of the Articles of Association of the Company.
257,480,720 100.000000 0 0.000000 Carried
To re-elect Teoh Lay Fung, a Director retiring under Article 97(1) of the Articles of Association of the Company.
257,061,560 100.000000 0 0.000000 Carried
To re-appoint Messrs. Crowe Malaysia (formerly known as Crowe Horwath) as Auditors of the Company for the ensuing year and to authorise the Directors to fix their remuneration.
257,125,560 99.980600 50,000 0.019400 Carried
To approve the authority to Issue Shares pursuant to Companies Act 2016 and approvals from Bursa Securities and other relevant governmental/ regulatory authorities where necessary. 
257,047,860 99.824900 450,840 0.175100 Carried
To approve the proposed renewal of authority to purchase up to ten percent (10%) of its own shares in the total issued shares of the Company.
239,613,760 99.950900 117,800 0.049100 Carried




Announcement Info

Company Name FOUNDPAC GROUP BERHAD
Stock Name FPGROUP
Date Announced 21 Nov 2018
Category General Meeting
Reference Number GMA-19112018-00003