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General Meetings: Outcome Of Meeting (Amended Announcement)

BackAug 29, 2017
Type of Meeting Annual General Meeting
Indicator Outcome of Meeting
Date of Meeting 28 Aug 2017
Time 10:00 AM
Venue

Pelita Ballroom, Level 4, Avillion Port Dickson, 3rd Mile, Jalan Pantai, 71000 Port Dickson, Negeri Sembilan

Outcome of Meeting

The Board Of Directors of Reliance Pacific Berhad ("RPB") wishes to announce that all resolutions set out in the Notice of the 25th Annual General Meeting dated 31 July 2017 were duly approved by way of voting on poll by the shareholders of the Company at the AGM held today except for the Resolution 7 which was withdrawn at the Board Meeting held on 27 August 2017 due to the following reasons:-

The mandate was approved at the last AGM and for the past 10 months, the mandate was never exercised on as the market sentiments and financial health of the Company did not attract any serious investors keen to take a substantial stake in the Company. As such, the Board do not foresee any changes in these sentiment for the next financial year.

However, moving forward should there be such an opportunity, the Board is of the opinion that it is better to go direct to shareholders for such an approval rather than a blanket mandate as per the Resolution that is now withdrawn. 

The results were validated by the Independent Scrutineer, Symphony Corporatehouse Sdn Bhd. 

The attachment being the results of the poll, was omitted from the announcement yesterday.

 

 

Please refer attachment below.

 


Announcement Info

Company Name RELIANCE PACIFIC BERHAD
Stock Name RPB
Date Announced 29 Aug 2017
Category General Meeting
Reference Number GMA-29082017-00003

Attachments

  1. POLL_RESULT_RELIANCE.pdf (Size: 0 bytes)