The Peria Karamalai Tea & Produce Company Limited (PKTEA) — Voting Results

📢 Key Event
Material related party transactions approved with 92.52% shareholder support via postal ballot e-voting.

🔄 What Changed
One ordinary resolution passed; 44 members participated with 2.03% voting participation rate.

💡 Investor Takeaway
Related party transaction approval obtained with strong majority support, but minimal shareholder participation (2.03%) raises governance engagement concerns.

PKTEA conducted a postal ballot through remote e-voting on material related party transactions. The ordinary resolution received 92.52% votes in favour (58,230 votes) against 7.48% opposition (4,711 votes) from 44 members participating. The resolution passed with requisite majority on 22 March 2026. Voting participation was limited, with only 62,941 valid votes polled out of 3,095,879 total shares, representing 2.03% voting participation.

📄 View Original Announcement (PDF)

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