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The Board of Directors of LPI Capital Bhd (LPI or the Company) is pleased to announce that all the resolutions as set out in the Notice of 65th Annual General Meeting (AGM) of the Company dated 27 February 2026 were duly approved by the shareholders of the Company by way of poll, at the 65th AGM held today. The results of the poll were validated by Coopers Professional Scrutineers Sdn Bhd, the independent scrutineer appointed by the Company.
The detailed results of the poll are set out in the attachment.
This announcement is dated 8 April 2026.
Voting Results
1. Ordinary Resolution 1
Description
To re-elect Mr. Tee Choon Yeow who retires by rotation in accordance with Clause 89 of the Company's Constitution and who being eligible, offer himself for re-election.
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
710
59
No. of Shares
289,040,573
71,506
% of Voted Shares
99.9753
0.0247
Result
Accepted
2. Ordinary Resolution 2
Description
To re-elect Dato' Chia Lee Kee who retires by rotation in accordance with Clause 89 of the Company's Constitution and who being eligible, offer herself for re-election.
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
710
60
No. of Shares
290,138,539
89,566
% of Voted Shares
99.9691
0.0309
Result
Accepted
3. Ordinary Resolution 3
Description
To approve the payment of Directors' Fees and Board Committee Chairman Fees of RM1,177,089 for the financial year ended 31 December 2025.
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
687
79
No. of Shares
288,293,897
420,208
% of Voted Shares
99.8545
0.1455
Result
Accepted
4. Ordinary Resolution 4
Description
To approve the payment of Directors' Benefit on Allowances for Directors amounting to RM325,000 for the financial year ended 31 December 2025.
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
685
83
No. of Shares
288,192,417
536,408
% of Voted Shares
99.8142
0.1858
Result
Accepted
5. Ordinary Resolution 5
Description
To approve the Directors' Benefit on Insurance Coverage for Non-Executive Directors from 65th AGM to 66th AGM of the Company.
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
684
83
No. of Shares
288,627,079
442,546
% of Voted Shares
99.8469
0.1531
Result
Accepted
6. Ordinary Resolution 6
Description
To re-appoint Messrs. KPMG PLT as Auditors of the Company for the financial year ending 31 December 2026 and to authorise the Directors to fix the Auditors' remuneration.
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
711
57
No. of Shares
289,879,121
344,625
% of Voted Shares
99.8813
0.1187
Result
Accepted
7. Ordinary Resolution 7
Description
Proposed Renewal of Existing Shareholders' Mandate for the Disposal by the Company and its Wholly-Owned Subsidiary, Lonpac Insurance Bhd of an aggregate 220,294,480 Ordinary Shares in Public Bank Berhad ("PBB"), representing approximately 1.13%
Equity Interest in PBB to 3rd Party Purchaser(s) to be identified and at price(s) to be determined later via Direct Business Transaction(s), in cash ("Disposal Mandate") ("Proposed Renewal of Disposal Mandate")