Reference is made to the announcements in relation to the Proposed Debt Settlement dated 26 November 2020, 30 November 2020, 21 January 2021 and 10 February 2021 ("Earlier Announcements”),the Circular dated 11 February 2021, and the announcement dated 1 March 2021 ("Termination Announcement").
With reference to the Termination Announcement, the Board of Directors of Eastland Equity Bhd.("Company") wishes to announce thatthe resolutionas prescribed in the Notice of Extraordinary General Meeting ("EGM") of the Company dated 11February 2021was not put forward for voting.
This announcement is dated 3 March2021.
Voting Results |
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1. ORDINARY RESOLUTION |
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Description |
PROPOSED SETTLEMENT OF RM10,990,000 DEBTS OWING TO LEE CHEE KIANG, ITS MANAGING DIRECTOR, VIA THE ISSUANCE OF 104,966,571 NEW ORDINARY SHARES IN EASTLAND EQUITY BHD. ("EASTLAND SHARES") AT AN ISSUE PRICE OF RM0.1047 PER SHARE ("PROPOSED DEBT SETTLEMENT") |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 0 | 0 |
No. of Shares | 0 | 0 |
% of Voted Shares | 0.0000 | 0.0000 |
Result | Withdrawn/ Postponed | |
2024-03-29
2024-03-22