GENERAL MEETINGS: Outcome of Meeting
| BOUSTEAD HEAVY INDUSTRIES CORPORATION BHD |
| Type of Meeting | Extraordinary |
| Indicator | Outcome of Meeting |
| Date of Meeting | 29 Dec 2023 |
| Time | 09:30 AM |
| Venue(s) |
Amphitheatre,The Bousteador, Level 23, No. 10, Jalan PJU 7/6, Mutiara Damansara, 47800 Petaling Jaya, Selangor Malaysia |
| Outcome of Meeting | The Board of Directors of Boustead Heavy Industries Corporation Berhad ("Company") wishes to announce that all the Ordinary Resolutions as set out in the Notice of the Extraordinary General Meeting ("EGM") of the Company dated 14 December 2023 were duly passed by the shareholders at the EGM of the Company.
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.
Please refer to the attachment for the poll results.
This announcement is dated 29 December 2023 |
Voting Results |
||
1. ORDINARY RESOLUTION 1 |
||
| Description |
PROPOSED SETTLEMENT OF FINANCING BANK BORROWINGS WITH AFFIN BANK BERHAD (PROPOSED SETTLEMENT WITH AFFIN) |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 243 | 55 |
| No. of Shares | 36,202,280 | 25,585 |
| % of Voted Shares | 99.9294 | 0.0706 |
| Result | Accepted | |
2. ORDINARY RESOLUTION 2 |
||
| Description |
PROPOSED SETTLEMENT OF AMOUNTS OWING TO BOUSTEAD HOLDINGS BERHAD (BHB) (PROPOSED SETTLEMENT WITH BHB) |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 243 | 55 |
| No. of Shares | 36,202,280 | 25,585 |
| % of Voted Shares | 99.9294 | 0.0706 |
| Result | Accepted | |
3. ORDINARY RESOLUTION 3 |
||
| Description |
PROPOSED ALLOTMENT AND ISSUANCE OF REDEEMABLE CONVERTIBLE PREFERENCE SHARES - CLASS A (RCPS A), ISLAMIC REDEEMABLE CONVERTIBLE PREFERENCE SHARES - CLASS A (RCPS-i A), REDEEMABLE CONVERTIBLE PREFERENCE SHARES - CLASS B (RCPS B), REDEEMABLE PREFERENCE SHARES - CLASS C (RPS C) AND NEW BHIC SHARES IN THE COMPANY AT AN ISSUE PRICE OF RM0.57 EACH (PROPOSED ISSUANCE OF SHARES) |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 242 | 56 |
| No. of Shares | 36,202,260 | 25,685 |
| % of Voted Shares | 99.9291 | 0.0709 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | BOUSTEAD HEAVY INDUSTRIES CORPORATION BHD |
| Stock Name | BHIC |
| Date Announced | 29 Dec 2023 |
| Category | General Meeting |
| Reference Number | GMA-19122023-00009 |
| Corporate Action ID | MY231219MEET0009 |