[PGLOBE]: PARAGON GLOBE BERHAD

15-Sep-2014

EGM

30-Sep-2014 10:30

24-Sep-2014

Dewan Berjaya, Bukit Kiara Equestrian and Country Resort, Jalan Bukit Kiara,Off Jalan Damansara, 60000 Kuala Lumpur

Date of General Meeting Record of Depositors We refer to the Company's announcement made on 12 September 2014 on the Notice of Extraordinary General Meeting ("EGM") scheduled to be held on 30 September 2014, the Board wishes to clarify that the Date of Record of Depositors for the said EGM should be 24 September 2014 instead of 26 September 2014.

The Board of Directors of GBH wishes to announce that pursuant to the Company’s announcements made on 30 September 2014 in respect of the mutual agreement on termination of the MOA for the Proposed RTO Exercise, and the proposed withdrawal of Ordinary Resolution 2 to be tabled at the Extraordinary General Meeting (“EGM”), the Board of Directors had via an Emergency Board Meeting held before the commencement of the EGM on 30 September 2014 deliberated on the matter and had proposed to seek shareholders’ approval whether to proceed with tabling and deliberating on Ordinary Resolution 1, in relation to the Proposed Disposal and Tenancy.

During the EGM, shareholders were briefed in detail about the termination of the Proposed RTO Exercise and that Ordinary Resolution 2 pertaining to Proposed Provision of Financial Assistance would be withdrawn. Thereafter, the motion on whether to proceed with tabling and deliberating Ordinary Resolution 1 was put to voting on a show of hands. By a simple majority of votes, shareholders present at the meeting voted in favour to proceed with the deliberation and voting of Ordinary Resolution 1.

Ordinary Resolution 1, which was conducted by poll, was approved by the shareholders present. The total number of votes cast on the poll was 30,455,683. The poll results registered shareholders holding 99.566% of the ordinary shares voting in favour of Ordinary Resolution 1, with shareholders holding 0.434% of the ordinary shares voted against.

This announcement is dated 30 September 2014.

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