[Coretronic] Subsidiary P.I.E. Industrial Berhad Announces Results of Annual General Meeting
P.I.E. Industrial Berhad, a key subsidiary of Coretronic, held its annual general meeting on May 22, 2026, where it approved financial reports, reappointed directors, passed compensation schemes, and authorized capital policy measures.
📋 Article Processing Timeline
- 📰 Published: May 22, 2026 at 09:00
- 🔍 Collected: May 23, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 23, 2026 at 08:22 (22 min after Collected)
1. Date of Annual General Meeting: May 22, 2026
2. Key Resolution 1, Surplus Distribution or Loss Offsetting: None.
3. Key Resolution 2, Articles of Incorporation Amendment: None.
4. Key Resolution 3, Business Report and Financial Statements: Approved.
5. Key Resolution 4, Director and Supervisor Election: Ms. Koay San San, Dato’ Heng Huck Lee, and Mr. Che Kian Yeap were reappointed as directors.
6. Key Resolution 5, Other Matters:
(1) Approved 2026 director compensation of 200,000 MYR.
(2) Approved non-executive director compensation from May 23, 2026, until the next annual general meeting of up to 120,000 MYR.
(3) Approved 2024 director compensation of 90,000 MYR.
(4) Approved the reappointment of Messrs. Deloitte PLT as the annual audit firm, with remuneration delegated to the board of directors.
(5) Approved authorizing the board of directors to decide on new share issuance in accordance with relevant company laws.
(6) Approved the execution of share repurchases.
(7) Approved the planning of recurrent related party transactions.
7. Other remarks: None.
2. Key Resolution 1, Surplus Distribution or Loss Offsetting: None.
3. Key Resolution 2, Articles of Incorporation Amendment: None.
4. Key Resolution 3, Business Report and Financial Statements: Approved.
5. Key Resolution 4, Director and Supervisor Election: Ms. Koay San San, Dato’ Heng Huck Lee, and Mr. Che Kian Yeap were reappointed as directors.
6. Key Resolution 5, Other Matters:
(1) Approved 2026 director compensation of 200,000 MYR.
(2) Approved non-executive director compensation from May 23, 2026, until the next annual general meeting of up to 120,000 MYR.
(3) Approved 2024 director compensation of 90,000 MYR.
(4) Approved the reappointment of Messrs. Deloitte PLT as the annual audit firm, with remuneration delegated to the board of directors.
(5) Approved authorizing the board of directors to decide on new share issuance in accordance with relevant company laws.
(6) Approved the execution of share repurchases.
(7) Approved the planning of recurrent related party transactions.
7. Other remarks: None.
FAQ
What was decided at P.I.E. Industrial Berhad's annual general meeting?
Resolutions included the approval of financial reports, reappointment of directors, compensation schemes, and the continuity of the auditing firm.
Were there any decisions regarding capital policy?
Yes, authority for issuing new shares and executing share buybacks was granted to the board.
Who is the parent company of this entity?
Coretronic (廣宇).