General Meeting
23/05/2022GENERAL MEETINGS: Outcome of Meeting
| PUBLIC BANK BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 23 May 2022 |
| Time | 11:00 AM |
| Venue(s) |
Broadcast Venue at 29th Floor Menara Public Bank, 146 Jalan Ampang 50450 Kuala Lumpur Malaysia Online Platform via TIIH Online website at https://tiih.online with Remote Participation and Voting facilities Malaysia |
| Outcome of Meeting | Public Bank (PBB) wishes to announce that all the 7 ordinary resolutions as set out in the Notice of 56th Annual General Meeting (AGM) dated 22 April 2022 were duly passed by the shareholders at the PBB 56th AGM held virtually today, Monday, 23 May 2022. All the resolutions were voted by poll via Remote Participation and Voting facilities and the results of the poll were validated by Messrs. Deloitte Business Advisory Sdn Bhd, the Independent Scrutineers appointed by PBB. Please refer to the attachment. This announcement is dated 23 May 2022. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To re-elect Ms Gladys Leong who retires pursuant to Clause 105 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 2,740 | 170 |
| No. of Shares | 13,717,719,400 | 8,383,771 |
| % of Voted Shares | 99.9389 | 0.0611 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To re-elect Tan Sri Dato' Sri Dr. Teh Hong Piow who retires by rotation pursuant to Clause 107 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 2,708 | 215 |
| No. of Shares | 13,373,664,634 | 229,789,402 |
| % of Voted Shares | 98.3108 | 1.6892 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To re-elect Tan Sri Dato' Sri Dr. Tay Ah Lek who retires by rotation pursuant to Clause 107 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 2,732 | 185 |
| No. of Shares | 13,656,137,385 | 42,930,531 |
| % of Voted Shares | 99.6866 | 0.3134 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To re-elect Ms Cheah Kim Ling who retires by rotation pursuant to Clause 107 of the Company's Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 2,694 | 208 |
| No. of Shares | 10,728,238,301 | 83,321,240 |
| % of Voted Shares | 99.2293 | 0.7707 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To approve the payment of Directors' fees, Board Committees Members' fees, and allowances to Directors amounting to RM5,845,349 for the financial year ended 31 December 2021. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 2,622 | 279 |
| No. of Shares | 13,570,430,052 | 9,874,891 |
| % of Voted Shares | 99.9273 | 0.0727 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
To approve the payment of remuneration and benefits-in-kind (excluding Director's fee and Board meeting allowance) amounting to RM20,000,000 for financial year ended 31 December 2021 to the Chairman Emeritus, Director and Adviser, Tan Sri Dato' Sri Dr. Teh Hong Piow. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 1,762 | 1,107 |
| No. of Shares | 9,511,307,169 | 3,259,231,959 |
| % of Voted Shares | 74.4785 | 25.5215 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
To re-appoint Messrs Ernst & Young PLT as Auditors of the Company for the financial year ending 31 December 2022 and to authorise the Directors to fix the Auditors' remuneration. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 2,734 | 185 |
| No. of Shares | 13,589,231,535 | 143,386,106 |
| % of Voted Shares | 98.9559 | 1.0441 |
| Result | Accepted | |
Please refer attachment below.
Attachments |
Announcement Info
| Company Name | PUBLIC BANK BERHAD |
| Stock Name | PBBANK |
| Date Announced | 23 May 2022 |
| Category | General Meeting |
| Reference Number | GMA-18052022-00017 |
| Corporate Action ID | MY220518MEET0016 |
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