[FOCUS]: FOCUS DYNAMICS GROUP BERHAD

02-Jun-2014

EGM

26-Jun-2014 10:30

19-Jun-2014

Machang Room, Level 2, Hotel Equatorial Melaka, Bandar Hilir, 75000 Melaka

FOCUS DYNAMICS TECHNOLOGIES BERHAD ("FOCUS" OR "COMPANY") CIRCULAR TO SHAREHOLDERS IN RELATION TO THE: (I) PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 449,143,740 NEW ORDINARY SHARES OF RM0.10 EACH IN FOCUS (“FOCUS SHARES”) (“RIGHTS SHARES”) WITH UP TO 299,429,160 NEW FREE DETACHABLE WARRANTS ("WARRANTS") WARRANTS AT AN ISSUE PRICE OF RM0.10 PER RIGHTS SHARE ON THE BASIS OF THREE (3) RIGHTS SHARES TOGETHER WITH TWO (2) WARRANTS FOR EVERY THREE (3) EXISTING ORDINARY SHARES OF RM0.10 HELD IN FOCUS ("FOCUS SHARES") HELD ON THE ENTITLEMENT DATE TO BE DETERMINED LATER; (II) PROPOSED DIVERSIFICATION OF THE BUSINESS OF FOCUS INTO THE FOOD AND BEVERAGE BUSINESS; (III) PROPOSED ESTABLISHMENT OF AN EMPLOYEES’ SHARE OPTION SCHEME FOR THE ELIGIBLE EMPLOYEES AND DIRECTORS OF FOCUS AND/OR ITS SUBSIDIARIES; (IV) PROPOSED INCREASE IN THE AUTHORISED SHARE CAPITAL OF THE COMPANY FROM RM100,000,000 COMPRISING 1,000,000,000 FOCUS SHARES TO RM250,000,000 COMPRISING 2,500,000,000 FOCUS SHARES; AND (V) PROPOSED AMENDMENTS TO THE MEMORANDUM AND ARTICLES OF ASSOCIATION OF THE COMPANY (COLLECTIVELY, THE “PROPOSALS”) The date and time of EGM is Thursday, 26 June 2014 at 10:30 a.m. or immediately following the conclusion or adjournment (as the case may be) of the Eleventh Annual General Meeting of Focus, which will be held at the same venue on the same day at 10:00 a.m., whichever is later.
Focus - Notice of EGM.pdf

M&A Securities Sdn Bhd is pleased to announce that the resolutions as set out in the Notice of Extraordinary General Meeting (“EGM”) of Focus Dynamics Technologies Berhad ("Focus") dated 3 June 2014 and tabled at the EGM of Focus held today at Machang Room, Level 2, Hotel Equatorial Melaka, Bandar Hilir, 75000 Melakawere duly approved by the shareholders of Focus.

This announcement is dated 26 June 2014.

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