[TA] Extraordinary on 30-Nov-2020

Stock
[TA]: TA ENTERPRISE BHD
Announcement Date
12-Nov-2020
Type
Extraordinary
Date & Time
30-Nov-2020 11:00
Depositor Date
23-Nov-2020
Venue
Broadcast Venue The Auditorium, 10th Floor, Menara TA One 22 Jalan P. Ramlee, 50250 Kuala Lumpur
Description
Notice of Extraordinary General Meeting ("EGM") Due to the COVID-19 outbreak, the EGM of the Company will be held on a fully virtual basis via remote participation through live stream and online voting.
TAE-EGM Notice-Final.pdf
Outcome

The Board of Directors of TA Enterprise Berhad (“the Company”) wishes to announce that all the resolutions set out in the Notice of Extraordinary General Meeting (“EGM”) dated 13 November 2020 were duly passed by shareholders at the EGM held on 30 November 2020 by way of poll.

The results of the poll were verified by Asia Securities Sdn Berhad, the Independent Scrutineers appointed by the Company.

Voting Results

1. Ordinary Resolution 1

Description 
PROPOSED ACQUISITION OF ADDITIONAL INTEREST IN TA GLOBAL BERHAD (TAG) VIA A PROPOSED CONDITIONAL VOLUNTARY TAKE-OVER OFFER (PROPOSED VGO) BY TAE TO ACQUIRE UP TO 2,119,389,362 ORDINARY SHARES IN TAG (TAG SHARES) (OFFER SHARES), REPRESENTING UP TO 39.83% EQUITY INTEREST IN TAG, FOR A CONSIDERATION OF RM0.28 PER OFFER SHARE WHICH SHALL BE SATISFIED BY WAY OF THE CASH OPTION OR SHARE EXCHANGE OPTION
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 170 38
No. of Shares 481,938,774 366,532
% of Voted Shares 99.9240 0.0760
Result Accepted

2. Ordinary Resolution 2

Description 
PROPOSED ISSUANCE OF UP TO 555,506,253 NEW TAE SHARES (SUBSCRIPTION SHARES) AT AN ISSUE PRICE OF RM 0.655 EACH TO BE SUBSCRIBED BY DATUK TTK TO FUND THE CASH OPTION PURSUANT TO THE PROPOSED VGO
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 173 35
No. of Shares 482,055,741 338,565
% of Voted Shares 99.9298 0.0702
Result Accepted

Remark
-
Market Buzz
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment