SHAH ALAM, Malaysia, May 27 (Bernama) — Kumpulan Perangsang Selangor Berhad’s (“KPS” or “the Company” or “the Group”) (KPS, Bursa: 5843; Bloomberg: KUPS:MK; Reuters: KPSB.KL) shareholders approved all resolutions on the agenda at the 44th Annual General Meeting (“AGM”). Subsequently, at the Extraordinary General Meeting (“EGM”), the shareholders also approved the proposed deferment of the second-year profit guarantee by Toyoplas Manufacturing (Malaysia) Sdn Bhd (“Toyoplas”).
As part of safety measures given COVID-19 pandemic, and in line with the Guidance Note on the conduct of general meeting issued by the Securities Commission Malaysia on 5 March 2021, the AGM and EGM were conducted entirely through live streaming, broadcast from KPS’ Corporate Office. KPS had prior planned to allow shareholders to vote electronically and transmit questions or remarks to the Board of Directors on the Remote Participation and Voting (RPV) platform.