[HEXTAR] Extraordinary on 14-Jun-2021

Stock
[HEXTAR]: HEXTAR GLOBAL BERHAD
Announcement Date
08-Jun-2021
Type
Extraordinary
Date & Time
14-Jun-2021 10:00
Depositor Date
04-Jun-2021
Venue
Online Meeting Platform via TIIH Online website at https://tiih.online provided by Tricor Investor & Issuing House Services Sdn Bhd in
Description
Notification to Shareholders on the Change of Venue of the Extraordinary General Meeting
HGB-Notification to shareholders on change of meeting venue-08.06.2021.pdf
Outcome

The Board of Directors of Hextar GlobalBerhad("the Company") wishes to announce that the resolutions as set out in the Notice of ExtraordinaryGeneral Meeting of the Company dated 28 May 2021and tabled at the said ExtraordinaryGeneral Meeting held on 14 June 2021were carried out by way of poll.

Due to restriction on the Bursa's template, the results of the poll as indicated below have been rounded up to four decimalpoints. Kindly refer to the attachment for information.

The Board of Directors is pleased to announce that the poll results have been duly verified by the Independent Scrutineernamely, Asia Securities Sdn Bhd.

This announcement is dated 14 June 2021.

Voting Results

1. ORDINARY RESOLUTION 1

Description 
PROPOSED BONUS ISSUE OF UP TO 492,407,738 NEW ORDINARY SHARES IN HEXTAR ("HEXTAR SHARE(S)" OR "SHARE(S)") ("BONUS SHARE(S)") ON THE BASIS OF 3 BONUS SHARES FOR EVERY 5 EXISTING HEXTAR SHARES HELD ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER BY THE BOARD ("ENTITLEMENT DATE") ("PROPOSED BONUS ISSUE")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 70 2
No. of Shares 551,137,343 12
% of Voted Shares 100.0000 0.0000
Result Accepted

2. ORDINARY RESOLUTION 2

Description 
PROPOSED ACQUISITION OF THE ENTIRE EQUITY INTEREST IN ALPHA AIM (M) SDN BHD ("AASB") AND CHEMPRO TECHNOLOGY (M) SDN BHD ("CTSB") FOR A TOTAL PURCHASE PRICE OF RM138,000,000 ("PURCHASE PRICE") TO BE FULLY SATISFIED BY CASH ("PROPOSED ACQUISITIONS")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 68 3
No. of Shares 551,137,311 14
% of Voted Shares 100.0000 0.0000
Result Accepted

3. ORDINARY RESOLUTION 3

Description 
PROPOSED DIVERSIFICATION OF THE BUSINESS ACTIVITIES OF HEXTAR AND ITS SUBSIDIARIES ("HEXTAR GROUP") TO INCLUDE THE BUSINESS OF MANUFACTURING AND DISTRIBUTION OF SPECIALTY CLEANING CHEMICALS PRODUCTS ("PROPOSED DIVERSIFICATION")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 69 2
No. of Shares 551,137,313 12
% of Voted Shares 100.0000 0.0000
Result Accepted

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