GENERAL MEETINGS: Outcome of Meeting
Amended Announcements
Please refer to the earlier announcement reference number: GMA-20032025-00007
| PHARMANIAGA BERHAD |
| Type of Meeting | Extraordinary |
| Indicator | Outcome of Meeting |
| Date of Meeting | 20 Mar 2025 |
| Time | 10:00 AM |
| Venue(s) |
Royale Ballroom, Level 2, Royale Chulan Damansara, 2 Jalan PJU 7/3, Mutiara Damansara, 47810 Petaling Jaya, Selangor Darul Ehsan Malaysia |
| Outcome of Meeting | The Board of Directors of Pharmaniaga Berhad ("Company") wishes to announce that all Resolutions as set out in the Notice of the Extraordinary General Meeting ("EGM") of the Company dated 19 February 2025 and Amended Notice of EGM dated 27 February 2025 were duly passed by the shareholders at the EGM of the Company today. All the Resolutions were voted by poll and the results of the poll were validated by Quantegic Services Sdn. Bhd., the independent scrutineer appointed by the Company. Please refer to the attachment for the poll results. This announcement is dated 20 March 2025. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
Proposed renounceable rights issue of new ordinary shares in the Company ("Rights Shares") to raise gross proceeds of up to RM353.5 million on an entitlement date to be determined and announced later ("Proposed Rights Issue")
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 157 | 14 |
| No. of Shares | 795,434,198 | 677,440 |
| % of Voted Shares | 99.9149 | 0.0851 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
Proposed private placement of new Pharmaniaga shares to third party investor(s) to be identified later at an issue price to be determined later to raise gross proceeds of up to RM300.0 million, with a minimum of RM215.0 million ("Proposed Private Placement")
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 158 | 13 |
| No. of Shares | 795,527,938 | 583,700 |
| % of Voted Shares | 99.9267 | 0.0733 |
| Result | Accepted | |
3. Special Resolution 1 |
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| Description |
Proposed capital reduction of the issued share capital of the Company by the cancellation of RM520.0 million issued share capital which is lost and/or unrepresented by available assets pursuant to Section 117 of the Companies Act 2016 ("Act") ("Proposed Capital Reduction")
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 156 | 14 |
| No. of Shares | 796,037,183 | 72,455 |
| % of Voted Shares | 99.9909 | 0.0091 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | PHARMANIAGA BERHAD |
| Stock Name | PHARMA |
| Date Announced | 20 Mar 2025 |
| Category | General Meeting |
| Reference Number | GMA-20032025-00008 |
| Corporate Action ID | MY250320MEET0007 |