GENERAL MEETINGS: Notice of Meeting
| Type of Meeting |
General |
| Indicator |
Notice of Meeting |
| Description |
KUMPULAN POWERNET BERHAD
- Notice of Twenty-Third Annual General Meeting ("23rd AGM")
The 23rd AGM of the Company will be conducted fully virtual through live streaming from the broadcast venue via remote participation and voting facilities.
|
| Date of Meeting |
09 Dec 2020 |
| Time |
10:00 AM |
| Venue(s) |
Boardcast venue at Tricor Leadership Room
Unit 32-01, Level 32, Tower A, Vertical Business Suite,
Avenue 3, Bangsar South, No. 8, Jalan Kerinchi,
59200 Kuala Lumpur
Malaysia
|
| Date of General Meeting Record of Depositors |
30 Nov 2020 |
Resolutions |
|
1. For Information
|
| Description |
To receive the Audited Financial Statements for the financial year ended 30 June 2020 together with the Reports of the Directors and Auditors thereon.
|
| Shareholder’s Action |
For Information Only |
|
2. Ordinary Resolution 1
|
| Description |
To approve the payment of a first and final single tier dividend of 2.26 sen per ordinary share in respect of the financial year ended 30 June 2020.
|
| Shareholder’s Action |
For Voting |
|
3. Ordinary Resolution 2
|
| Description |
To approve the payment of Directors' fees of up to RM698,400 for the period from the conclusion of the 23rd AGM until the next Annual General Meeting of the Company.
|
| Shareholder’s Action |
For Voting |
|
4. Ordinary Resolution 3
|
| Description |
To approve the payment of Directors benefits of up to RM323,410 for the period from the conclusion of the 23rd AGM until the next Annual General Meeting of the Company.
|
| Shareholder’s Action |
For Voting |
|
5. Ordinary Resolution 4
|
| Description |
To re-elect Ms Kok Pauline as Director.
|
| Shareholder’s Action |
For Voting |
|
6. Ordinary Resolution 5
|
| Description |
To re-elect Dato Arivalagan A/L Arujunan as Director.
|
| Shareholder’s Action |
For Voting |
|
7. Ordinary Resolution 6
|
| Description |
To re-elect Cik Sarah Azreen Binti Abdul Samat as Director.
|
| Shareholder’s Action |
For Voting |
|
8. Ordinary Resolution 7
|
| Description |
To re-appoint Messrs Al Jafree Salihin Kuzaimi PLT as Auditors of the Company and to authorise the Directors to fix their remuneration.
|
| Shareholder’s Action |
For Voting |
|
9. Ordinary Resolution 8
|
| Description |
Authority to issue and allot shares pursuant to Sections 75 and 76 of the Companies Act 2016.
|
| Shareholder’s Action |
For Voting |
|
10. Ordinary Resolution 9
|
| Description |
Proposed renewal of the existing shareholders' mandate for recurrent related party transactions of a revenue or trading nature.
|
| Shareholder’s Action |
For Voting |
|
11. Ordinary Resolution 10
|
| Description |
Proposed share buy-back authority for the purchase up to ten percent (10%) of the total number of issued shares of the Company.
|
| Shareholder’s Action |
For Voting |
|
12. Special Resolution
|
| Description |
Proposed change of Company's name from "Kumpulan Powernet Berhad" to "KPower Berhad".
|
| Shareholder’s Action |
For Voting |
|
Please refer attachment below.
Announcement Info
| Company Name |
KUMPULAN POWERNET BERHAD
|
| Stock Name |
KPOWER |
| Date Announced |
28 Oct 2020 |
| Category |
General Meeting |
| Reference Number |
GMA-25102020-00005 |
| Corporate Action ID |
MY201025MEET0005 |