[L&G]: LAND & GENERAL BHD

15-Jul-2013

EGM

31-Jul-2013 15:00

24-Jul-2013

The Saga Room, the Sri Damansara Club, Lot 23304, Persiaran Perdana, Bandar Sri Damansara, 52200 Kuala Lumpur

(I) Proposed renounceable rights issue of RM77,779,589 nominal value of five (5)-year, 1%, irredeemable convertible unsecured loan stocks (“ICULS”) at 100% of the nominal value of RM0.13 each on the basis of RM0.13 nominal value of the ICULS for every one (1) existing ordinary share of RM0.20 each in L&G held on an entitlement date to be determined and announced later (“Proposed Rights Issue of ICULS”); and (II) Proposed acquisition of one (1) block of thirteen (13)-storey stratified office floors being constructed over a piece of freehold land held under Geran 825, Lot No. 3, Presint 3, town and district of Putrajaya, state of Wilayah Persekutuan Putrajaya by Maple Domain Sdn Bhd, a wholly-owned subsidiary of L&G, from Mayland Avenue Sdn Bhd, a wholly-owned subsidiary of Malaysia Land Properties Sdn Bhd, for a total cash consideration of RM72,485,000 (“Proposed Acquisition”)
L&G_Notice of EGM.pdf

LAND & GENERAL BERHAD (“L&G”)

(I) Proposed renounceable rights issue of RM77,779,589 nominal value of five (5)-year, 1%, irredeemable convertible unsecured loan stocks (“ICULS”) at 100% of the nominal value of RM0.13 each on the basis of RM0.13 nominal value of the ICULS for every one (1) existing ordinary share of RM0.20 each in L&G held on an entitlement date to be determined and announced later (“Proposed Rights Issue of ICULS”); and

(II) Proposed acquisition of one (1) block of thirteen (13)-storey stratified office floors being constructed over a piece of freehold land held under Geran 825, Lot No. 3, Presint 3, town and district of Putrajaya, state of Wilayah Persekutuan Putrajaya by Maple Domain Sdn Bhd, a wholly-owned subsidiary of L&G, from Mayland Avenue Sdn Bhd, a wholly-owned subsidiary of Malaysia Land Properties Sdn Bhd, for a total cash consideration of RM72,485,000 (“Proposed Acquisition”).

The announcement released on 15 July 2013 in relation to the Notice of Extraordinary General Meeting in respect of the Proposed Rights Issue of ICULS and Proposed Acquisition refers.

On behalf of the Board of Directors of L&G, we are pleased to inform that all the following resolutions tabled at the EGM which were voted by way of poll, were duly passed.

The poll results are as tabulated below.

Resolutions	FOR		AGAINST
	No of Votes	%	No of Votes	%
Ordinary Resolution 1 – Proposed Rights Issue of ICULS	53,085,700	80.77	12,641,700	19.23
Ordinary Resolution 2 – Proposed Acquisition	52,965,700	80.58	12,761,700	19.42

This announcement is dated 31 July 2013.

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