[MUDAJYA] Extraordinary on 29-Jun-2021

Stock
[MUDAJYA]: MUDAJAYA GROUP BHD
Announcement Date
10-Jun-2021
Type
Extraordinary
Date & Time
29-Jun-2021 11:30
Depositor Date
21-Jun-2021
Venue
Online Meeting Platform of Lumi AGM via https://web.lumiagm.com provided by Boardroom Share Registrars Sdn Bhd at 11th Floor, Menara Symphony, No. 5, Jalan Prof. Khoo Kay Kim Seksyen 13, 46200 Petaling Jaya, Selangor Darul Ehsan
Description
NOTICE OF EXTRAORDINARY GENERAL MEETING ("EGM") OF MUDAJAYA GROUP BERHAD The EGM will be conducted on a fully virtual basis through live streaming and online remote voting using Remote Participation and Electronic Voting facilities.
Notice of EGM.pdf
Outcome

The Board of Directors of Mudajaya Group Berhad (“Mudajaya”) wishes to announce that all the ordinary resolutionstabled at Mudajaya’s Extraordinary General Meeting held today were duly approved by the shareholders.

The ordinary resolutionswerevoted by poll and the results of the poll werevalidated by Mega Corporate Services Sdn Bhd (the Independent Scrutineer appointed by Mudajaya), as per attachment and are set out below.

This announcement is dated 29 June 2021.

Voting Results

1. 1. ORDINARY RESOLUTION 1

Description 
PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 668,885,366 NEW ORDINARY SHARES IN MUDAJAYA ("MUDAJAYA SHARE(S)" OR "SHARE(S)")("RIGHTS SHARE(S)") ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 1 EXISTING MUDAJAYA SHARE HELD, TOGETHER WITH UP TO 668,885,366 FREE DETACHABLE WARRANTS IN MUDAJAYA ("WARRANT(S)") ON THE BASIS OF 1 WARRANT FOR EVERY 1 RIGHTS SHARE SUBSCRIBED FOR AT AN ISSUE PRICE OF RM0.22 PER RIGHTS SHARE ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER ("PROPOSED RIGHTS ISSUE WITH WARRANTS").
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 80 40
No. of Shares 105,085,475 105,571
% of Voted Shares 99.8996 0.1004
Result Accepted

2. 2. ORDINARY RESOLUTION 2

Description 
PROPOSED EXEMPTION UNDER PARAGRAPH 4.08(1)(B) OF THE RULES ON TAKE-OVERS, MERGERS AND COMPULSORY ACQUISITIONS ("RULES") TO YAKIN SETIAMAS SDN BHD ("YSSB") AND PERSONS ACTING IN CONCERT WITH IT ("PACS"), FROM THE OBLIGATION TO UNDERTAKE A MANDATORY OFFER FOR ALL THE REMAINING MUDAJAYA SHARES, WARRANTS AND OPTIONS UNDER EMPLOYEES' SHARE OPTION SCHEME ("ESOS OPTION(S)") NOT ALREADY OWNED BY THEM PURSUANT TO THE PROPOSED RIGHTS ISSUE WITH WARRANTS ("PROPOSED EXEMPTION").
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 79 42
No. of Shares 105,082,709 108,339
% of Voted Shares 99.8970 0.1030
Result Accepted

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