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GENERAL MEETINGS: Outcome of Meeting

PARAGON GLOBE BERHAD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 30 Aug 2023
Time 10:00 AM

Venue(s)
Level 2, Grand Paragon Hotel,

No. 18, Jalan Harimau, Taman Century,

80250 Johor Bahru,

Johor

Malaysia

Outcome of Meeting

The Board of Directors of Paragon Globe Berhad is pleased to announce that all resolutions as set out in the Notice of the Seventy-Sixth Annual General Meeting ("AGM") of the Company dated 30 August 2023 and tabled at the said meeting, held today, have been duly passed. All the resolutions were voted by poll at the AGM of the Company. The details of the results are as per enclosure.

Messrs Tricor Investor & Issuing House Services Sdn Bhd (Registration No.: 197101000970 (11324-H)) was the poll administrator and the result of the poll was verified by SKY Corporate Services Sdn. Bhd. (Registration No. 199301021831 (276569-W)) being the Independent Scrutineer appointed by the Company.


Voting Results


1. Ordinary Resolution 1

Description
To re-elect  Dato' Sri Edwin Tan Pei Seng who retires during the year in accordance
with the Company's Constitution and being eligible, offer himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 17 1
No. of Shares 41,438,609 2
% of Voted Shares 99.9999 0.0000
Result Accepted

2. Ordinary Resolution 2

Description
To re-elect Tan Sri Datuk Wira Dr. Hj. Mohd Shukor Bin Hj. Mahfar who retires during the year in accordance with the Company's Constitution and being eligible, offer himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 20 1
No. of Shares 428,423,809 2
% of Voted Shares 99.9999 0.0000
Result Accepted

3. Ordinary Resolution 3

Description
To approve the proposed payment of RM66,000 for the Non-Executive Director Fees to Tee Boon Hin for the financial year ending 31 March 2024.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 20 1
No. of Shares 428,423,809 2
% of Voted Shares 99.9999 0.0000
Result Accepted

4. Ordinary Resolution 4

Description
To approve the proposed payment of RM66,000 for the Non-Executive Director Fees to Tan Sri Datuk Wira Dr. Hj. Mohd Shukor Bin Hj. Mahfar for the financial year ending 31 March 2024.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 20 1
No. of Shares 428,423,809 2
% of Voted Shares 99.9999 0.0000
Result Accepted

5. Ordinary Resolution 5

Description
To approve the proposed payment of RM66,000 for the Non-Executive Director Fees to Dato' Haji Ismail Bin Karim for the financial year ending 31 March 2024.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 20 1
No. of Shares 428,423,809 2
% of Voted Shares 99.9999 0.0000
Result Accepted

6. Ordinary Resolution 6

Description
To approve the proposed payment of RM60,000 for the Non-Executive Director Fees to Dato' Jeffrey Lai Jiun Jye for the financial year ending 31 March 2024.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 20 1
No. of Shares 428,423,809 2
% of Voted Shares 99.9999 0.0000
Result Accepted

7. Ordinary Resolution 7

Description
To approve the payment of Non-Executive Directors' Allowances up to an amount of RM100,000 for the period from 30 August 2023 to the next AGM of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 20 1
No. of Shares 428,423,809 2
% of Voted Shares 99.9999 0.0000
Result Accepted

8. Ordinary Resolution 8

Description
To re-appoint Messrs BDO PLT as Auditors of the Company and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 20 1
No. of Shares 428,423,809 2
% of Voted Shares 99.9999 0.0000
Result Accepted

9. Special Resolution 9

Description
To approve waiver of pre-emptive rights of the shareholders under Section 85(1) of Companies Act 2016 read together with Article 55.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 20 1
No. of Shares 428,423,809 2
% of Voted Shares 99.9999 0.0000
Result Accepted

10. Ordinary Resolution 10

Description
To approve the Renewal Mandate for the authority to allot and issue shares pursuant to Sections 75(1) & 76(1).
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 20 1
No. of Shares 428,423,809 2
% of Voted Shares 99.9999 0.0000
Result Accepted

11. Ordinary Resolution 11

Description
To approve the Proposed Renewal Shareholders' Mandate for Existing Recurrent Related Party Transactions and Proposed Shareholders' Mandate for New Recurrent Related Party Transactions of a Revenue or Trading Nature.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 17 1
No. of Shares 41,438,609 2
% of Voted Shares 99.9999 0.0000
Result Accepted



Please refer attachment below.




Announcement Info

Company Name PARAGON GLOBE BERHAD
Stock Name PGLOBE
Date Announced 30 Aug 2023
Category General Meeting
Reference Number GMA-30082023-00007
Corporate Action ID MY230830MEET0007



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