The Board of Directors of XOX Bhd(“XOX” or “the Company”) wishes to announce thatall the Ordinary Resolutions set out in the Notice of PostponedExtraordinaryGeneral Meeting (“EGM”) dated 16June 2020 wereduly passed by way of poll at the EGM of the Company held on 1 July2020.
The results of the poll were validated by Sharepolls Sdn. Bhd., the Independent Scrutineer appointed by the Company.
This announcement is dated 1 July2020.
Voting Results |
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1. Ordinary Resolution |
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Description |
PROPOSED PRIVATE PLACEMENT OF UP TO 327,719,000 NEW ORDINARY SHARES IN XOX, REPRESENTING 30% OF THE TOTAL NUMBER OF ISSUED SHARES OF XOX, TO INDEPENDENT THIRD-PARTY INVESTOR(S) TO BE IDENTIFIED LATER AT AN ISSUE PRICE TO BE DETERMINED LATER |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 14 | 1 |
No. of Shares | 171,338,095 | 305,000 |
% of Voted Shares | 99.8223 | 0.1777 |
Result | Accepted | |
2. Ordinary Resolution |
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Description |
PROPOSED INCREASE OF THE DIRECTORS FEES |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 9 | 6 |
No. of Shares | 170,139,595 | 1,503,500 |
% of Voted Shares | 99.1241 | 0.8759 |
Result | Accepted | |
3. Ordinary Resolution |
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Description |
PROPOSED PAYMENT OF DIRECTORS FEES AND OTHER BENEFITS PAYABLES |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 10 | 5 |
No. of Shares | 170,181,595 | 1,461,500 |
% of Voted Shares | 99.1485 | 0.8515 |
Result | Accepted | |
4. Ordinary Resolution |
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Description |
AUTHORITY TO ALLOT AND ISSUE SHARES PURSUANT TO SECTIONS 75 AND 76 OF THE COMPANIES ACT, 2016 |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 14 | 1 |
No. of Shares | 171,338,095 | 305,000 |
% of Voted Shares | 99.8223 | 0.1777 |
Result | Accepted | |