[RANHILL] Extraordinary on 28-Jun-2021

Stock
[RANHILL]: RANHILL UTILITIES BERHAD
Announcement Date
24-Jun-2021
Type
Extraordinary
Date & Time
28-Jun-2021 15:00
Depositor Date
21-Jun-2021
Venue
Online Meeting Platform via TIIH Online website at https://tiih.online (Domain Registration number with MYNIC: D1A282781) provided by Tricor Investor & Issuing House Services Sdn. Bhd. in
Description
Change of Venue of Extraordinary General Meeting of Ranhill Utilities Berhad to Online Meeting Platform at https://tiih.online.
NOTICE TO SHAREHOLDER-EGM.pdf
Outcome

The Board of Directors of Ranhill Utilities Berhad ("Ranhill" or "the Company")is pleased to announce that all the resolutions as set out in the Notice of the Extraordinary General Meeting ("EGM") of the Company dated 14 June 2021were duly passed by the shareholders of the Company at the EGMheld today.

All the resolutions were voted by way ofpoll via online Remote Participation and Voting and the results of the poll were validated by Mega CorporateServices Sdn Bhd, the independent scrutineers appointed by the Company.

Details of the said results of the poll are set out below.

This announcement is dated 28 June 2021.

Voting Results

1. ORDINARY RESOLUTION 1

Description 
PROPOSED ACQUISITION BY RANHILL OF 100% EQUITY INTEREST IN RANHILL BERSEKUTU SDN BHD ("RBSB") FROM RANHILL BERHAD FOR A PURCHASE CONSIDERATION OF RM93,875,000 TO BE SETTLED BY ISSUANCE OF NEW ORDINARY SHARES IN RANHILL UTILITIES BERHAD ("RANHILL") ("PROPOSED RBSB ACQUISITION")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 161 45
No. of Shares 121,537,701 53,785,086
% of Voted Shares 69.3223 30.6777
Result Accepted

2. ORDINARY RESOLUTION 2

Description 
PROPOSED ACQUISITION BY RANHILL OF 51% EQUITY INTEREST IN RANHILL WORLEY SDN BHD ("RWSB") FROM RANHILL GROUP SDN BHD FOR A PURCHASE CONSIDERATION OF RM117,956,625 TO BE SETTLED BY ISSUANCE OF NEW ORDINARY SHARES IN RANHILL ("PROPOSED RWSB ACQUISITION")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 164 42
No. of Shares 121,538,046 53,784,741
% of Voted Shares 69.3224 30.6776
Result Accepted

3. ORDINARY RESOLUTION 3

Description 
PROPOSED DIVERSIFICATION OF THE BUSINESS ACTIVITIES OF RANHILL AND ITS SUBSIDIARIES TO INCLUDE THE BUSINESS OF INFRASTRUCTURE, CHEMICALS, RESOURCES AND ENERGY SUCH AS PROVISION OF ENGINEERING SERVICES AND PROJECT MANAGEMENT ("PROPOSED DIVERSIFICATION")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 164 42
No. of Shares 121,538,099 53,784,688
% of Voted Shares 69.3225 30.6775
Result Accepted

4. ORDINARY RESOLUTION 4

Description 
PROPOSED EXEMPTION FOR TAN SRI HAMDAN MOHAMAD AND ANY OTHER PERSON ACTING IN CONCERT WITH TAN SRI HAMDAN MOHAMAD FROM THE OBLIGATION TO UNDERTAKE A MANDATORY TAKE-OVER OFFER TO ACQUIRE THE REMAINING ORDINARY SHARES IN RANHILL NOT ALREADY OWNED BY THEM UPON THE COMPLETION OF THE PROPOSED ACQUISITIONS ("PROPOSED EXEMPTION")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 157 47
No. of Shares 121,503,423 53,813,672
% of Voted Shares 69.3049 30.6951
Result Accepted

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