The Board of Directors of Landmarks Berhad ("the Company") is pleased to announce thatthe resolutionset out in the Notice of Extraordinary Annual General Meeting ("EGM") of the Company dated 15 April 2021was duly passed by the shareholders at the EGM of the Company held earlier today.
The resolutionwas voted by poll and the results of the poll were validated byAsia Securities Sdn. Bhd., the independent Scrutineer appointed by the Company. Details of the poll results are set out in the attachment.
This announcement is dated 30 April 2021.
Voting Results |
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1. Resolution 1 |
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Description |
PROPOSED ACQUISITION BY TIARA GATEWAY PTE LTD, A WHOLLY-OWNED SUBSIDIARY OF PRIMARY GATEWAY SDN BHD, WHICH IN TURN IS A WHOLLY-OWNED SUBSIDIARY OF LANDMARKS OF THE RIGHTS AND INTEREST UNDER HAK GUNA BANGUNAN NO. 00105/SEBONG LAGOI IN RELATION TO A PARCEL OF LAND, IDENTIFIED AS LOT AR1 WISMA, LOCATED AT TREASURE BAY BINTAN, BINTAN ISLAND, REPUBLIC OF INDONESIA, HAVING A TOTAL ESTIMATED AREA OF 12,578 SQUARE METERS AND THE BUILDINGS CONSTRUCTED THEREON FOR A TOTAL CONSIDERATION OF SGD9.78 MILLION (EQUIVALENT TO APPROXIMATELY RM29.77 MILLION) TO BE SATISFIED THROUGH THE ISSUANCE OF 84,830,494 NEW ORDINARY SHARES IN LANDMARKS AT THE ISSUE PRICE OF RM0.34 EACH AND CASH CONSIDERATION OF SGD303,750 (EQUIVALENT TO APPROXIMATELY RM924,919), THROUGH THE PROPOSED ACQUISITION OF THE ENTIRE EQUITY INTEREST IN PT BUANA WISATAMA |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 100 | 13 |
No. of Shares | 240,049,929 | 53,805 |
% of Voted Shares | 99.9776 | 0.0224 |
Result | Accepted | |