General Meeting

16/06/2021

GENERAL MEETINGS: Outcome of Meeting

PARKWOOD HOLDINGS BERHAD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 16 Jun 2021
Time 11:00 AM

Venue(s) 
Online meeting platform at https://web.lumiagm.com

provided by Boardroom Share Registrars Sdn Bhd in

Malaysia

Outcome of Meeting

The Board of Directors of Parkwood Holdings Berhad (formerly known as Amalgamated Industrial Steel Berhad) (“Parkwood” or the “Company”) is pleased to announce that all the resolutions set out in the Notice of the Fiftieth Annual General Meeting (“50th AGM”) of the Company dated 30 April 2021 and the Addendum to the Notice of the 50th AGM dated 4 June 2021 were duly passed by the shareholders by way of poll via Online Meeting Platform provided by Boardroom Share Registrars Sdn. Bhd at https://web.lumiagm.com, at the 50th AGM of the Company held today, 16 June 2021 at 11.00 a.m. at the main venue at 11th Floor, Menara Symphony, No. 5, Jalan Prof. Khoo Kay Kim, Seksyen 13, 46200 Petaling Jaya, Selangor Darul Ehsan, Malaysia.

All the resolutions were voted by poll and the results the poll which were validated by SKY Corporate Services Sdn. Bhd., the independent scrutineer appointed by the Company, are set out below.

Note : The voting for Ordinary Resolution 7 is through 2-tier voting process – please refer to the poll results attached for Tier 1 and Tier 2 results.

This announcement is dated 16 June 2021.

Voting Results

1. Ordinary Resolution 1

Description 
To approve the payment of Directors' fees of RM96,000.00 for the financial year ended 31 December 2020.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 51 18
No. of Shares 162,045,977 25,400
% of Voted Shares 99.9843 0.0157
Result Accepted

2. Ordinary Resolution 2

Description 
To approve the payment of Directors' benefits (other than Directors' fees) up to an amount of RM111,288 for the period from 17 June 2021 until the next AGM of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 49 20
No. of Shares 162,041,777 29,600
% of Voted Shares 99.9817 0.0183
Result Accepted

3. Ordinary Resolution 3

Description 
To re-elect Tuan Haji Fauzi Bin Mustapha, Director who retires by rotation pursuant to Clause 123 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 63 8
No. of Shares 162,394,087 4,415
% of Voted Shares 99.9973 0.0027
Result Accepted

4. Ordinary Resolution 4

Description 
To re-elect Datuk Hew Lee Lam Sang, Director who retires by rotation pursuant to Clause 123 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 64 7
No. of Shares 162,392,487 4,215
% of Voted Shares 99.9974 0.0026
Result Accepted

5. Ordinary Resolution 5

Description 
To re-appoint Crowe Malaysia PLT as Auditors of the Company for the ensuing year and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 66 6
No. of Shares 162,414,387 4,115
% of Voted Shares 99.9975 0.0025
Result Accepted

6. Ordinary Resolution 6

Description 
To authorise the Directors to allot and issue shares pursuant to Sections 75 and 76 of the Companies Act, 2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 60 12
No. of Shares 162,404,196 14,306
% of Voted Shares 99.9912 0.0088
Result Accepted

7. Ordinary Resolution 7

Description 
To retain Tuan Haji Fauzi Bin Mustapha as Independent Non-Executive Director.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 62 9
No. of Shares 162,393,987 4,515
% of Voted Shares 99.9972 0.0028
Result Accepted

8. Ordinary Resolution 8

Description 
To retain Dato' Ghazali Bin Mat Ariff as Independent Non-Executive Director.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 61 11
No. of Shares 162,413,897 4,605
% of Voted Shares 99.9972 0.0028
Result Accepted



Please refer attachment below.



Announcement Info

Company Name PARKWOOD HOLDINGS BERHAD
Stock Name PARKWD
Date Announced 16 Jun 2021
Category General Meeting
Reference Number GMA-10062021-00017
Corporate Action ID MY210610MEET0012


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