GENERAL MEETINGS: Outcome of Meeting

PANDA ECO SYSTEM BERHAD

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 19 Jun 2024
Time 10:00 AM

Venue(s) 
Ames Hotel Melaka,

Jalan PKAK 2,

Pusat Komersial Ayer Keroh,

75450 Ayer Keroh, Melaka

Malaysia

Outcome of Meeting

The Board of Directors of Panda Eco System Berhad ("the Company") wishes to announce the outcome of the Company's 2nd Annual General Meeting ("AGM") held on 19 June 2024.

The voting in respect of all the resolutions was carried out by way of poll and the results were validated by NeedsBridge Advisory Sdn Bhd, the Independent Scrutineer appointed for the purpose.

The details of the said results are set out below and as per the attachment.

This announcement is dated 19 June 2024.

Voting Results

1. Ordinary Resolution 1

Description 
To approve the payment of Directors' Fees and Benefits Payable to the Non-Executive Directors of RM143,500 for the financial year ended 31 December 2023.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 19 0
No. of Shares 493,012,200 0
% of Voted Shares 100.0000 0.0000
Result Accepted

2. Ordinary Resolution 2

Description 
To approve the payment of Directors' Fees and Benefits Payable to the Non-Executive Directors of up to RM550,000 for the period from 1 January 2024 until the date of the next Annual General Meeting of the Company to be held in 2025.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 19 0
No. of Shares 493,012,200 0
% of Voted Shares 100.0000 0.0000
Result Accepted

3. Ordinary Resolution 3

Description 
To re-elect Mr. Loo Chee Wee as the Director who retires under Clause 95.1 of the Constitution of the Company and being eligible, offer himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 22 0
No. of Shares 493,612,200 0
% of Voted Shares 100.0000 0.0000
Result Accepted

4. Ordinary Resolution 4

Description 
To re-elect Mr. Tay Kheng Seng as the Director who retires under Clause 95.1 of the Constitution of the Company and being eligible, offer himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 22 0
No. of Shares 493,612,200 0
% of Voted Shares 100.0000 0.0000
Result Accepted

5. Ordinary Resolution 5

Description 
To re-appoint Messrs. Crowe Malaysia PLT as the Auditors of the Company for the financial year ending 31 December 2024 and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 22 0
No. of Shares 493,612,200 0
% of Voted Shares 100.0000 0.0000
Result Accepted

6. Ordinary Resolution 6

Description 
Authority to allot and issue shares pursuant to Section 75 and Section 76 of the Companies Act, 2016
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 22 0
No. of Shares 493,612,200 0
% of Voted Shares 100.0000 0.0000
Result Accepted

7. Ordinary Resolution 7

Description 
Proposed Shareholders' Ratification and Proposed New Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 20 0
No. of Shares 15,395,000 0
% of Voted Shares 100.0000 0.0000
Result Accepted





Announcement Info

Company Name PANDA ECO SYSTEM BERHAD
Stock Name PANDA
Date Announced 19 Jun 2024
Category General Meeting
Reference Number GMA-19062024-00005
Corporate Action ID MY240619MEET0005


Please refer attachment below.

  1. PESB-2nd AGM-Poll Results.pdf