GENERAL MEETINGS: Outcome of Meeting
| PARAMOUNT CORPORATION BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 05 Jun 2025 |
| Time | 10:30 AM |
| Venue(s) |
Mercure Kuala Lumpur Glenmarie Hotel Suite I, Level 2, Mercure Kuala Lumpur Glenmarie Hotel Jalan Kontraktor U1/14, Seksyen U1 40150 Shah Alam, Selangor Darul Ehsan Malaysia |
| Outcome of Meeting | Paramount Corporation Berhad (the Company) is pleased to announce that all the resolutions as set out in the Notice convening the Fifty-Fifth Annual General Meeting (55th AGM) dated 30 April 2025 were duly passed by the shareholders of the Company at the 55th AGM held on 5 June 2025.
All the resolutions were voted by poll and the results of the poll were validated by Scrutineer Solutions Sdn Bhd, the independent scrutineer appointed by the Company.
This announcement is dated 5 June 2025. |
Voting Results |
||
1. Resolution 1 |
||
| Description |
To approve the payment of Directors’ fees and meeting allowances not exceeding an aggregate amount of RM1,500,000.00 for the period from 1 July 2025 to 30 June 2026. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 136 | 4 |
| No. of Shares | 147,926,341 | 4,040 |
| % of Voted Shares | 99.9973 | 0.0027 |
| Result | Accepted | |
2. Resolution 2 |
||
| Description |
To re-elect Mr Quah Chek Tin as a Director who is retiring pursuant to Clause 85 of the Company’s Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 143 | 5 |
| No. of Shares | 329,041,001 | 7,400 |
| % of Voted Shares | 99.9978 | 0.0022 |
| Result | Accepted | |
3. Resolution 3 |
||
| Description |
To re-elect Mr Ong Keng Siew as a Director who is retiring pursuant to Clause 85 of the Company’s Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 138 | 9 |
| No. of Shares | 322,259,951 | 705,670 |
| % of Voted Shares | 99.7815 | 0.2185 |
| Result | Accepted | |
4. Resolution 4 |
||
| Description |
To re-elect Ms Foong Pik Yee as a Director who is retiring pursuant to Clause 85 of the Company’s Constitution. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 143 | 4 |
| No. of Shares | 329,024,361 | 4,040 |
| % of Voted Shares | 99.9988 | 0.0012 |
| Result | Accepted | |
5. Resolution 5 |
||
| Description |
To re-appoint Ernst & Young PLT as Auditors of the Company and to authorise the Directors to fix their remuneration. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 144 | 4 |
| No. of Shares | 329,044,361 | 4,040 |
| % of Voted Shares | 99.9988 | 0.0012 |
| Result | Accepted | |
6. Resolution 6 |
||
| Description |
Authority for Mr Ong Keng Siew to continue in office as an Independent Non-Executive Director |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 138 | 9 |
| No. of Shares | 322,259,951 | 705,670 |
| % of Voted Shares | 99.7815 | 0.2185 |
| Result | Accepted | |
7. Resolution 7 |
||
| Description |
Authority to Directors to allot and issue shares |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 133 | 9 |
| No. of Shares | 232,149,931 | 481,170 |
| % of Voted Shares | 99.7932 | 0.2068 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | PARAMOUNT CORPORATION BERHAD |
| Stock Name | PARAMON |
| Date Announced | 05 Jun 2025 |
| Category | General Meeting |
| Reference Number | GMA-05062025-00010 |
| Corporate Action ID | MY250605MEET0010 |