[VITROX] Extraordinary on 23-Dec-2021

Stock
[VITROX]: VITROX CORPORATION BHD
Announcement Date
07-Dec-2021
Type
Extraordinary
Date & Time
23-Dec-2021 10:00
Depositor Date
13-Dec-2021
Venue
Fully virtual via online meeting platform hosted on Securities Services e-Portal at https://sshsb.net.my Domain Registration No. with MYNIC Berhad: D4A004360
Description
Extraordinary General Meeting
Notice of EGM and Admin Guide (VCB).pdf
Outcome

Vitrox Corporation Berhad (“VCB” or “Company”)

  • Extraordinary General Meeting duly convened and held on 23 December 2021 (“EGM”)

The Board of Directors of the Company wishes to inform that Commercial Quest Sdn. Bhd. was appointed by VCB as scrutineer to validate the votes cast at the EGM.

The poll-voting results of the EGM are as follows.

Voting Results

1. ORDINARY RESOLUTION 1

Description 
PROPOSED BONUS ISSUE OF UP TO 472,431,300 NEW ORDINARY SHARES IN VITROX ("VITROX SHARE(S)" OR "SHARE(S)") ("BONUS SHARE(S)") ON THE BASIS OF 1 BONUS SHARE FOR EVERY 1 EXISTING VITROX SHARE HELD ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER ("PROPOSED BONUS ISSUE")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 97 1
No. of Shares 340,262,015 300
% of Voted Shares 99.9999 0.0001
Result Accepted

2. ORDINARY RESOLUTION 2

Description 
PROPOSED ESTABLISHMENT OF AN EMPLOYEES SHARE GRANT SCHEME OF UP TO 5% OF THE TOTAL NUMBER OF ISSUED SHARES OF THE COMPANY (EXCLUDING TREASURY SHARES, IF ANY) AT ANY POINT OF TIME DURING THE DURATION OF THE SCHEME FOR THE ELIGIBLE EXECUTIVE DIRECTORS AND EMPLOYEES OF VITROX AND ITS SUBSIDIARIES ("VITROX GROUP" OR "GROUP") (EXCLUDING SUBSIDIARIES WHICH ARE DORMANT, IF ANY) ("PROPOSED SGS OR SCHEME")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 66 33
No. of Shares 309,525,582 29,478,333
% of Voted Shares 91.3044 8.6956
Result Accepted

3. ORDINARY RESOLUTION 3

Description 
PROPOSED GRANTING OF SGS SHARES TO SU PEK FUEN
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 63 34
No. of Shares 183,103,084 29,478,633
% of Voted Shares 86.1330 13.8670
Result Accepted

4. ORDINARY RESOLUTION 4

Description 
PROPOSED GRANTING OF ESOS OPTIONS TO MARY YEO CHEW YEN
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 58 40
No. of Shares 296,273,782 42,499,133
% of Voted Shares 87.4550 12.5450
Result Accepted

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