[KANGER] Extraordinary on 28-Jun-2021

Stock
[KANGER]: KANGER INTERNATIONAL BERHAD
Announcement Date
10-Jun-2021
Type
Extraordinary
Date & Time
28-Jun-2021 10:30
Depositor Date
21-Jun-2021
Venue
Main Venue at Board Room of K-3-12 & K-3-13, Solaris Mont Kiara No. 2, Jalan Solaris, Mont Kiara 50480 Kuala Lumpur Wilayah Persekutuan (KL)
Description
Extraordinary General Meeting
Kanger-Notice of EGM.pdf
Outcome

Kanger International Berhad("Kanger" or the "Company") wishes to announce that at the Extraordinary GeneralMeeting ("EGM") of Kangerheld today, all the Ordinary Resolutions as set out in the Notice of EGM dated 11 June 2021, was duly passed by the shareholders of Kanger.

The voting in respect of the resolutions was carried out by way of a poll and the results werevalidated by SharePollsSdn. Bhd., the Independent Scrutineer appointed for the purpose.

The details of the said results areset out below.

This announcement is dated 28 June 2021.

Voting Results

1. ORDINARY RESOLUTION 1

Description 
PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 2,861,936,149 NEW ORDINARY SHARES IN KANGER ("KANGER SHARE(S)" OR "SHARE(S)") ("RIGHTS SHARE(S)") AT AN ISSUE PRICE OF RM0.06 PER RIGHTS SHARE ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 1 EXISTING KANGER SHARE HELD, TOGETHER WITH UP TO 2,861,936,149 FREE DETACHABLE WARRANTS IN KANGER ("WARRANT(S) B") ON THE BASIS OF 1 WARRANT B FOR EVERY 1 RIGHTS SHARE SUBSCRIBED FOR, ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER ("PROPOSED RIGHTS ISSUE WITH WARRANTS")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 25 18
No. of Shares 355,819,123 6,682,490
% of Voted Shares 98.1566 1.8434
Result Accepted

2. ORDINARY RESOLUTION 2

Description 
PROPOSED ACQUISITION BY KANGER VENTURES SDN BHD (FORMERLY KNOWN AS KANGER DEVELOPMENT (M) SDN BHD), A WHOLLY-OWNED SUBSIDIARY OF KANGER, OF 126 UNITS OF PROPOSED SERVICED APARTMENTS LOCATED ON THE 30TH TO 45TH FLOORS OF TOWER A, ANTARA @ GENTING HIGHLANDS, SITED ON A PIECE OF FREEHOLD LAND HELD UNDER TITLE NO. GRN 45572 (FORMERLY HSD 18603), LOT 43031 (FORMERLY PT 23923), MUKIM AND DISTRICT OF BENTONG, PAHANG DARUL MAKMUR FROM THE DEVELOPER, NAMELY ASET KAYAMAS SDN BHD ("VENDOR") FOR A TOTAL PURCHASE CONSIDERATION OF RM142,870,000 TO BE SATISFIED ENTIRELY VIA CASH ("PROPOSED ACQUISITION")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 32 11
No. of Shares 358,607,203 3,894,410
% of Voted Shares 98.9257 1.0743
Result Accepted

3. ORDINARY RESOLUTION 3

Description 
PROPOSED DIVERSIFICATION OF THE EXISTING PRINCIPAL ACTIVITIES OF KANGER AND ITS SUBSIDIARIES TO INCLUDE CONSTRUCTION AND RELATED ACTIVITIES ("PROPOSED DIVERSIFICATION")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 35 8
No. of Shares 358,830,903 3,670,710
% of Voted Shares 98.9874 1.0126
Result Accepted

Remark
-
Market Buzz

2024-04-15

Forum

1 New Comment

Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment