[PGLOBE] Extraordinary on 10-Jun-2020

Stock
[PGLOBE]: PARAGON GLOBE BERHAD
Announcement Date
21-May-2020
Type
Extraordinary
Date & Time
10-Jun-2020 11:00
Depositor Date
02-Jun-2020
Venue
Level 32, Paragon Residences, Jalan Tengku Petri 1, Straits View, 80200 Johor Bahru, Johor
Description
NOTICE OF POSTPONEMENT OF EXTRAORDINARY GENERAL MEETING Postponed Extraordinary General Meeting (EGM) of Paragon Globe Berhad ("Paragon Globe" or "Company") will be conducted via FULLY VIRTUAL MEETING from the Broadcast Venue.
PGB_Notice of Postponed EGM.pdf
Outcome

The Board of Directors of Paragon Globe Berhad is pleased to announce that all resolutions as set out in the Notice of the Postponed Extraordinary General Meeting ("EGM") of the Company dated 21 May 2020 and tabled at the said meeting, held today, have been duly passed. All the resolutions were voted by poll at the EGM of the Company. The details of the results are as per enclosure.

The result of the poll was verified by Scrutineer Solutions Sdn Bhd(Company No.: 201601026122 (1197061-U)), being the Independent Scrutineer appointed by the Company.

Voting Results

1. ORDINARY RESOLUTION I

Description 
PROPOSED ACQUISITION BY PARAGON GLOBE PROPERTIES SDN BHD (PARAGON GLOBE PROPERTIES), A WHOLLY OWNED SUBSIDIARY OF PARAGON GLOBE, OF PART OF THE FREEHOLD LAND HELD UNDER GERAN 507162 LOT 149989 (FORMERLY HELD UNDER HS(D) 484311 PTD 175988), PTD 175989,  GERAN 507161 LOT 149991 (FORMERLY HELD UNDER HS(D) 484312 PTD 175990), ALL IN MUKIM OF PULAI, DISTRICT OF JOHOR BAHRU, STATE OF JOHOR, MEASURING APPROXIMATELY 31.1 ACRES IN AREA KNOWN AS PLOT ED-5A AND PLOT ED-5B FROM ISKANDAR CAPITAL SDN BHD
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 16 1
No. of Shares 116,782,119 2
% of Voted Shares 99.9999 0.0000
Result Accepted

2. ORDINARY RESOLUTION II

Description 
THE PROPOSED SUBSCRIPTION OF ORDINARY SHARES IN BUILTECH ACRES SDN BHD (BUILTECH) BY THE COMPANY REPRESENTING APPROXIMATELY 99.06% OF THE ENLARGED ISSUED SHARE CAPITAL OF BUILTECH FOR A CASH CONSIDERATION OF RM52,900,000
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 12 1
No. of Shares 21,539,914 2
% of Voted Shares 99.9999 0.0000
Result Accepted

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