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General Meetings: Outcome Of Meeting

BackMay 28, 2025

 

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 28 May 2025
Time 10:30 AM
Venue(s) Kristal Ballroom, Level 1, Hilton Petaling Jaya
No. 2, Jalan Barat
46200 Petaling Jaya
Selangor Darul Ehsan
Malaysia
Outcome of Meeting

The Board of Directors of APM Automotive Holdings Berhad ("the Company") wishes to announce that all the resolutions as set out in the Notice of the Twenty-Eighth Annual General Meeting (“28th AGM”) of the Company dated 29 April 2025 were voted by poll at the 28th AGM of the Company held on 28 May 2025. 

 

The results of the poll were validated by Scrutineer Solutions Sdn. Bhd., the independent scrutineer appointed by the Company. The details of the said results are set out below and as per the attachment. 

 

This announcement is dated 28 May 2025.

 

Voting Results

1. Ordinary Resolution 1
Description To re-elect Low Seng Chee as Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 104 4
No. of Shares 150,733,362 1,130,650
% of Voted Shares 99.2555 0.7445
Result Accepted

2. Ordinary Resolution 2
Description To re-elect Nicholas Tan Chye Seng as Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 104 4
No. of Shares 150,733,362 1,130,650
% of Voted Shares 99.2555 0.7445
Result Accepted

3. Ordinary Resolution 3
Description To re-elect Dato' Chan Choy Lin as Director of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 105 3
No. of Shares 151,852,862 11,150
% of Voted Shares 99.9927 0.0073
Result Accepted

4. Ordinary Resolution 4
Description To approve the payment of Directors fees of up to RM885,000 in aggregate to the Non-Executive Directors of the Company during the course of the period from 29 May 2025 until the next Annual General Meeting of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 105 2
No. of Shares 148,386,148 5,849
% of Voted Shares 99.9961 0.0039
Result Accepted

5. Ordinary Resolution 5
Description To approve the payment of Directors' benefits of up to RM230,000 in aggregate to the Non-Executive Directors of the Company during the course of the period from 29 May 2025 until the next Annual General Meeting of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 105 2
No. of Shares 148,386,148 5,849
% of Voted Shares 99.9961 0.0039
Result Accepted

6. Ordinary Resolution 6
Description To re-appoint KPMG PLT as Auditors of the Company for the financial year ending 31 December 2025 and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 105 3
No. of Shares 151,821,662 42,350
% of Voted Shares 99.9721 0.0279
Result Accepted

7. Ordinary Resolution 7
Description Proposed Renewal of Authority for the Company to purchase its own ordinary shares.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 105 1
No. of Shares 147,003,697 250
% of Voted Shares 99.9998 0.0002
Result Accepted

8. Ordinary Resolution 8
Description Proposed Shareholders' Mandate for Recurrent Related Party Transactions with Tan Chong Motor Holdings Berhad and its subsidiaries.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 72 22
No. of Shares 12,879,981 33,513,448
% of Voted Shares 27.7625 72.2375
Result Rejected

9. Ordinary Resolution 9
Description Proposed Shareholders' Mandate for Recurrent Related Party Transactions with Warisan TC Holdings Berhad and its subsidiaries.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 72 22
No. of Shares 12,879,981 33,513,448
% of Voted Shares 27.7625 72.2375
Result Rejected

10. Ordinary Resolution 10
Description Proposed Shareholders' Mandate for Recurrent Related Party Transactions with Tan Chong International Limited and its subsidiaries.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 90 4
No. of Shares 42,785,041 3,608,388
% of Voted Shares 92.2222 7.7778
Result Accepted

 

Please refer attachment below.


Announcement Info

Company Name APM AUTOMOTIVE HOLDINGS BERHAD
Stock Name APM
Date Announced 28 May 2025
Category General Meeting
Reference Number GMA-28052025-00034
Corporate Action ID MY250528MEET0032

Attachments

  1. 28th_AGM_-_Poll_Results_20250528.pdf (Size: 137,492 bytes)