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General Meetings: Outcome Of Meeting
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 01 Jun 2023 |
| Time | 10:30 AM |
| Venue(s) |
Broadcast Venue at Tricor Business Centre, Gemilang Room Unit 29-01, Level 29, Tower A, Vertical Business Suite Avenue 3, Bangsar South, No. 8, Jalan Kerinchi 59200 Kuala Lumpur Online Platform via TIIH Online website at https://tiih.online with Remote Participation and Voting facilities 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 Twenty-Sixth Annual General Meeting (“26th AGM”) of the Company dated 28 April 2023 were duly passed by the shareholders at the 26th AGM of the Company held on 1 June 2023. All the resolutions were voted by poll and the results of the poll were validated by Asia Securities Sdn Berhad, the independent scrutineer appointed by the Company. Please refer to the attachment for the poll results. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To re-elect Dato' Tan Heng Chew as Director of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 242 | 39 |
| No. of Shares | 105,428,299 | 361,677 |
| % of Voted Shares | 99.6581 | 0.3419 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To re-elect Dato N. Sadasivan s/o N.N. Pillay as Director of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 241 | 39 |
| No. of Shares | 105,428,189 | 361,757 |
| % of Voted Shares | 99.6580 | 0.3420 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To re-elect Lee Min On as Director of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 242 | 39 |
| No. of Shares | 105,428,289 | 361,687 |
| % of Voted Shares | 99.6581 | 0.3419 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
||
| Description |
To approve the payment of Directors fees of up to RM773,000 in aggregate to the Non-Executive Directors of the Company during the course of the period from 2 June 2023 until the next Annual General Meeting of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 229 | 51 |
| No. of Shares | 105,419,349 | 370,477 |
| % of Voted Shares | 99.6498 | 0.3502 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
||
| Description |
To approve payment of Directors benefits of up to RM150,000 in aggregate to the Non-Executive Directors of the Company during the course of the period from 2 June 2023 until the next Annual General Meeting of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 226 | 54 |
| No. of Shares | 105,400,629 | 389,197 |
| % of Voted Shares | 99.6321 | 0.3679 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
||
| Description |
To approve the payment of Directors fees of up to RM60,000 in aggregate and Directors benefits of up to RM15,000 in aggregate to the Non-Independent Non-Executive Directors of the Company during the course of the period from 1 April 2023 until the date of 26th Annual General Meeting of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 228 | 53 |
| No. of Shares | 105,401,349 | 388,627 |
| % of Voted Shares | 99.6326 | 0.3674 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
To re-appoint KPMG PLT as Auditors of the Company for the financial year ending 31 December 2023 and to authorise the Directors to fix their remuneration. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 245 | 35 |
| No. of Shares | 105,736,801 | 53,145 |
| % of Voted Shares | 99.9498 | 0.0502 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
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| 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 | 242 | 40 |
| No. of Shares | 105,399,913 | 458,063 |
| % of Voted Shares | 99.5673 | 0.4327 |
| Result | Accepted | |
9. Ordinary Resolution 9 |
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| 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 | 230 | 35 |
| No. of Shares | 744,822 | 379,053 |
| % of Voted Shares | 66.2727 | 33.7273 |
| Result | Accepted | |
10. Ordinary Resolution 10 |
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| 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 | 228 | 36 |
| No. of Shares | 731,222 | 379,153 |
| % of Voted Shares | 65.8536 | 34.1464 |
| Result | Accepted | |
11. Ordinary Resolution 11 |
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| 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 | 226 | 39 |
| No. of Shares | 731,217 | 379,188 |
| % of Voted Shares | 65.8514 | 34.1486 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | APM AUTOMOTIVE HOLDINGS BERHAD |
| Stock Name | APM |
| Date Announced | 01 Jun 2023 |
| Category | General Meeting |
| Reference Number | GMA-29052023-00031 |
| Corporate Action ID | MY230529MEET0030 |
Attachments
- 26th_AGM_-_Poll_Results.pdf (Size: 386,974 bytes)