Boubyan Petrochemical Co. KSC
Ticker: BPCC
Møtedato: 11.06.2023
Møtetype: Annual
| Forslag | Ledelsens anbefalning | Stemme | |
|---|---|---|---|
| Management proposals | |||
| 1 | Forslag Approve Board Report on Company Operations for FY Ended 30/04/2023 | Ledelsens anbefalning For | Stemme For |
| 2 | Forslag Approve Corporate Governance Report and Audit Committee Report for FY Ended 30/04/2023 | Ledelsens anbefalning For | Stemme For |
| 3 | Forslag Approve Auditors' Report on Company Financial Statements for FY Ended 30/04/2023 | Ledelsens anbefalning For | Stemme For |
| 4 | Forslag Accept Consolidated Financial Statements and Statutory Reports for FY Ended 30/04/2023 | Ledelsens anbefalning For | Stemme For |
| 5 | Forslag Approve Special Report on Violations and Penalties for FY Ended 30/04/2023 | Ledelsens anbefalning For | Stemme For |
| 6 | Forslag Approve Dividends of KWD 0.06 per Share for FY Ended 30/04/2023 | Ledelsens anbefalning For | Stemme For |
| 7 | Forslag Discussing Board Recommendation to Discontinue the Transfer of 10 Percent to Optional Reserve for FY Ended 30/04/2023 | Ledelsens anbefalning For | Stemme For |
| 8 | Forslag Discussing Board Recommendation to Discontinue the Transfer of 10 Percent to Statutory Reserve for FY Ended 30/04/2023 | Ledelsens anbefalning For | Stemme For |
| 9 | Forslag Approve Remuneration of Directors of KWD 90,000 for FY Ended 30/04/2023 | Ledelsens anbefalning For | Stemme For |
| 10 | Forslag Authorize Share Repurchase Program of Up to 10 Percent of Issued Share Capital | Ledelsens anbefalning For | Stemme For |
| 11 | Forslag Approve Related Party Transactions Concluded During the FY Ended 30/04/2023 and will be Concluded During the FY Ending on 30/04/2024 Vote rationale: Transactions between related parties should be avoided unless they are demonstrably beneficial to all shareholders. The board should disclose the name and affiliation of each party involved, value and cost of the transaction, and business rationale. Global Voting Guidelines Transaksjoner med nærstående | Ledelsens anbefalning For | Stemme Against |
| 12 | Forslag Approve Discharge of Directors for FY Ended 30/04/2023 | Ledelsens anbefalning For | Stemme For |
| 13 | Forslag Appointment or Reappointment Auditors and Fix Their Remuneration for the FY Ending on 30/04/2024 Taking into Account Mandatory Change Period Vote rationale: The external auditor should act in an independent manner. We will consider the auditor’s independence and any concerns about the accounts or audit procedures. Excessive non-audit-related fees represent a potential conflict of interest and should be avoided. Global Voting Guidelines | Ledelsens anbefalning For | Stemme Against |
| 14 | Forslag Elect Directors Vote rationale: The company should have a robust nomination and election process to ensure an effective board that is accountable to shareholders. Shareholders should be able to participate in frequent elections of all board members, preferably on an annual basis. The company should establish reasonable procedures for shareholders to include proposals in the meeting material distributed by the company, including proposing board candidates. Global Voting Guidelines | Ledelsens anbefalning For | Stemme Against |
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