[LYC] Extraordinary on 19-Aug-2021

Stock
[LYC]: LYC HEALTHCARE BERHAD
Announcement Date
29-Jul-2021
Type
Extraordinary
Date & Time
19-Aug-2021 10:30
Depositor Date
12-Aug-2021
Venue
Online meeting platform at https://meeting.boardroomlimited.my (Domain Registration No. with MYNIC - D6A357657) provided by Boardroom Share Registrars Sdn. Bhd.
Description
LYC HEALTHCARE BERHAD ("LYC") - Notice of Extraordinary General Meeting
LYC - Notice of EGM.pdf
Outcome

The Board of Directors of LYC Healthcare Berhad ("the Company") is pleased to announce that all the resolutions set out in the Notice of Extraordinary General Meeting ("EGM") of the Company dated 30 July 2021were duly passed by the shareholders at the EGM of the Company held on 19 August 2021 at 10.30 a.m.

All the resolutions were votedby poll via remote participation and electronic voting, and the results of the poll were validated by SKY Corporate Services Sdn Bhd, the Independent Scrutineer appointed by the Company. Details of the poll results are set out below.

This announcement is dated 19 August 2021.

Voting Results

1. Ordinary Resolution 1

Description 
Proposed acquisition by LYC Nutrihealth Sdn Bhd, an indirect wholly-owned subsidiary of LYC, of a 70% equity interest in Aqurate Ingredients Intl (M) Sdn Bhd for a purchase consideration of RM36,400,000 to be satisfied entirely in cash.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 46 1
No. of Shares 173,890,574 88
% of Voted Shares 99.9999 0.0001
Result Accepted

2. Ordinary Resolution 2

Description 
Proposed diversification of the existing principal activities of LYC and its subsidiaries to include the nutraceutical business.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 46 1
No. of Shares 173,890,650 12
% of Voted Shares 100.0000 0.0000
Result Accepted

Remark
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2024-04-25

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