[SOLUTN] EGM on 21-Dec-2019

Stock
[SOLUTN]: SOLUTION GROUP BERHAD
Announcement Date
05-Dec-2019
Type
EGM
Date & Time
21-Dec-2019 10:00
Depositor Date
16-Dec-2019
Venue
PT 13796, Jalan Tekno Usahawan 2 Technology Park Malaysia 57000 Kuala Lumpur
Description
NOTICE OF EXTRAORDINARY GENERAL MEETING
SOLUTN - Notice of EGM.pdf
Outcome

The Board of Directors of Solution Group Berhad (formerly known as Solution Engineering Holdings Berhad) (“the Company”) wishes to announce that all resolutions set out in the Notice of Extraordinary General Meeting ("EGM") dated 6 December 2019 had been tabled at the EGM held on 21 December 2019.

The results of the poll were validated by Asia Securities Sdn Berhad, the Independent Scrutineers.

The voting results are shown below.

This announcement is dated 21 December 2019.

Voting Results

1. ORDINARY RESOLUTION 1

Description 
PROPOSED ACQUISITION OF A PIECE OF FREEHOLD LAND MEASURING APPROXIMATELY 6.82 ACRES WHICH FORMS PART OF THE LAND HELD UNDER GRN 582919, LOT 165091, MUKIM PULAI, DAERAH JOHOR BAHRU, JOHOR DARUL TAKZIM UPON WHICH IS ERECTED WITH A PARTIALLY COMPLETED BIO-CHEMICAL PROCESSING PLANT FOR A CASH CONSIDERATION OF RM18.00 MILLION (PROPOSED LAND ACQUISITION)
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 11 17
No. of Shares 881,235 42,904,573
% of Voted Shares 2.0130 97.9870
Result Rejected

2. ORDINARY RESOLUTION 2

Description 
PROPOSED ACQUISITION OF MACHINERY AND EQUIPMENT FOR A CASH CONSIDERATION OF RM7.00 MILLION (PROPOSED MACHINERY ACQUISITION)
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 11 17
No. of Shares 881,235 42,904,573
% of Voted Shares 2.0130 97.9870
Result Rejected

3. ORDINARY RESOLUTION 3

Description 
PROPOSED DIVERSIFICATION OF THE EXISTING BUSINESSES OF SGB AND ITS SUBSIDIARIES (SGB GROUP or GROUP) TO INCLUDE THE PRODUCTION OF LACTIC ACID (PROPOSED DIVERSIFICATION)
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 11 17
No. of Shares 881,235 42,904,573
% of Voted Shares 2.0130 97.9870
Result Rejected

Remark
-
Market Buzz
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment