[MAG] Extraordinary on 07-Aug-2020

Stock
[MAG]: MAG HOLDINGS BERHAD
Announcement Date
15-Jul-2020
Type
Extraordinary
Date & Time
07-Aug-2020 09:00
Depositor Date
29-Jul-2020
Venue
Balai Tunku Abdul Rahman The Royal Commonwealth Society No. 4, Jalan Birah, Damansara Heights 50490 Kuala Lumpur
Description
XingHe Holdings Berhad Notice of Extraordinary General Meeting
XingHe - EGM.pdf
Outcome

XingHe Holdings Berhad ("Company") wishes to announce that all the resolutions set out in the Notice of Extraordinary General Meeting ("EGM") of 16 July 2020 were duly passed at the EGM held on 7 August 2020.

The results of the voting on the said resolutions by poll as set out below were verified by an independent scrutineer, Commercial Quest Sdn. Bhd.

This announcement is dated 7 August2020.

Voting Results

1. ORDINARY RESOLUTION 1

Description 
PROPOSED ISSUANCE OF UP TO 460,887,432 FREE WARRANTS IN THE COMPANY ON THE BASIS OF ONE (1) WARRANT FOR EVERY TWO (2) ORDINARY SHARES IN XINGHE HELD ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 39 0
No. of Shares 294,125,764 0
% of Voted Shares 100.0000 0.0000
Result Accepted

2. ORDINARY RESOLUTION 2

Description 
PROPOSED SHAREHOLDERS' RATIFICATION FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 33 0
No. of Shares 252,750,752 0
% of Voted Shares 100.0000 0.0000
Result Accepted

3. ORDINARY RESOLUTION 3

Description 
PROPOSED SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 33 0
No. of Shares 252,750,752 0
% of Voted Shares 100.0000 0.0000
Result Accepted

4. SPECIAL RESOLUTION

Description 
PROPOSED CHANGE OF NAME OF THE COMPANY FROM "XINGHE HOLDINGS BERHAD" TO "MAG HOLDINGS BERHAD"
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 39 0
No. of Shares 294,125,764 0
% of Voted Shares 100.0000 0.0000
Result Accepted

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