[DRBHCOM]: DRB-HICOM BHD

25-Sep-2018

EGM

15-Oct-2018 11:30

08-Oct-2018

GLENMARIE BALLROOM HOLIDAY INN KUALA LUMPUR GLENMARIE NO. 1, JALAN USAHAWAN U1/8, SEKSYEN U1 40250 SHAH ALAM SELANGOR DARUL EHSAN (Note: The EGM will be held at 11.30 a.m. or immediately following the conclusion or adjournment, as the case may be, of the EGM of the Proposed Disposal of Alam Flora Sdn Bhd, which will be held at the same venue on the same day at 9.00 a.m., whichever is later)

NOTICE OF EXTRAORDINARY GENERAL MEETING
DRB-HICOM Berhad - Notice of EGM.pdf

DRB-HICOM Berhad ("DRB-HICOM" or "Company")

Proposed disposal of ten (10) property assets, total effective equity interest of 70.6% in Horsedale Development Berhad and 100% equity interest and 100% redeemable preference shares in Rebak Island Marina Berhad, to Prisma Dimensi Sdn Bhd and Kelana Ventures Sdn Bhd, for a total disposal consideration of approximately RM1,934.7 million (subject to adjustment) to be satisfied via a freehold land in Johor and cash consideration of approximately RM288.7 million (subject to adjustment) ( Proposed Disposals )

On behalf of the Board of Directors of DRB-HICOM, Maybank Investment Bank Berhad wishes to announce that the Ordinary Resolution in relation to the Proposed Disposals as set out in the Notice of the Extraordinary General Meeting ( EGM ) dated 26 September 2018was duly passed by the shareholders of DRB-HICOM at the EGM held today.

The Ordinary Resolution was voted by poll and the result of the poll was validated by Symphony Corporatehouse Sdn Bhd, the independent scrutineer appointed by the Company.

Please refer to the attachment for the pollresults.

This announcement is dated 15 October 2018.

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