[JSB] Extraordinary on 18-Dec-2020

Stock
[JSB]: JENTAYU SUSTAINABLES BERHAD
Announcement Date
10-Dec-2020
Type
Extraordinary
Date & Time
18-Dec-2020 10:00
Depositor Date
11-Dec-2020
Venue
Broadcast Venue at : Board Room, Ipmuda Berhad, 9th Maju Tower 1001 Jalan Sultan Ismail 50250 Kuala Lumpur
Description
The Extraordinary General Meeting of Ipmuda Berhad will be conducted fully virtual at the Broadcast Venue and via Remote Participation and Voting Platform at https://web.lumiagm.com
IPMUDA-Admin Guide 2020 Virtual EGM 10a.m. -bursa.pdf
Outcome

The Board of Directors of Ipmuda Berhad (“the Company”) wishes to announce that all the resolutions set out in the Notice of Extraordinary General Meeting dated 26 November 2020were duly passed save for the Special Resolution on Proposed Change of Name. All the resolutions were conducted by way of a poll.

The results of the poll were validated by Boardroom Corporate Services Sdn Bhd, the Independent Scrutineers appointed by the Company.

Please refer to the table below for the poll results.

This announcement is dated 18 December 2020.

Voting Results

1. Ordinary Resolution 1

Description 
PROPOSED DIVERSIFICATION OF THE EXISTING PRINCIPAL ACTIVITIES OF IPMUDA AND ITS SUBSIDIARIES TO INCLUDE RENEWABLE ENERGY AND HEALTHCARE BUSINESS AND RELATED ACTIVITIES ("PROPOSED DIVERSIFICATION")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 16 0
No. of Shares 50,534,812 0
% of Voted Shares 100.0000 0.0000
Result Accepted

2. Ordinary Resolution 2

Description 
PROPOSED RESTRICTED ISSUE OF UP TO 14,493,900 NEW ORDINARY SHARES IN IPMUDA ("IPMUDA SHARES" OR "SHARES"), REPRESENTING OF UP TO 20% OF THE EXISTING TOTAL NUMBER OF ISSUED IPMUDA SHARES TO BEROZ NIKMAL BIN MIRDIN, BEING THE EXECUTIVE CHAIRMAN OF THE COMPANY, JEEFRI BIN MUHAMAD YUSUP, BEING THE CHIEF EXECUTIVE OFFICER OF THE COMPANY, TEH FOO HOCK, BAEVINRAJ THIAGARAJAH, DATO' AMIRUDDIN BIN ABDUL SATAR AND ABDUL HALIM BIN JANTAN, BEING THE INDEPENDENT NON-EXECUTIVE DIRECTORS OF THE COMPANY (COLLECTIVELY, THE "INTERESTED DIRECTORS") ("PROPOSED RESTRICTED ISSUE")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 13 1
No. of Shares 29,139,512 1,000
% of Voted Shares 99.9960 0.0034
Result Accepted

3. Ordinary Resolution 3

Description 
PROPOSED ALLOCATION OF UP TO 6,243,900 RESTRICTED ISSUE SHARES TO BEROZ NIKMAL BIN MIRDIN, BEING THE EXECUTIVE CHAIRMAN OF THE COMPANY, AT AN ISSUE PRICE WHICH SHALL BE PRICED AT NOT MORE THAN 10% DISCOUNT TO THE 5D-VWAMP OF IPMUDA SHARES IMMEDIATELY PRECEDING THE PRICE FIXING DATE ("PROPOSED ALLOCATION 1")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 13 1
No. of Shares 29,139,512 1,000
% of Voted Shares 99.9965 0.0034
Result Accepted

4. Ordinary Resolution 4

Description 
PROPOSED ALLOCATION OF UP TO 3,000,000 RESTRICTED ISSUE SHARES TO JEEFRI BIN MUHAMAD YUSUP, BEING THE CHIEF EXECUTIVE OFFICER OF THE COMPANY, AT AN ISSUE PRICE WHICH SHALL BE PRICED AT NOT MORE THAN 10% DISCOUNT TO THE 5D-VWAMP OF IPMUDA SHARES IMMEDIATELY PRECEDING THE PRICE FIXING DATE ("PROPOSED ALLOCATION 2")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 15 1
No. of Shares 50,533,812 1,000
% of Voted Shares 99.9980 0.0019
Result Accepted

5. Ordinary Resolution 5

Description 
PROPOSED ALLOCATION OF UP TO 3,000,000 RESTRICTED ISSUE SHARES TO BAEVINRAJ THIAGARAJAH, BEING THE INDEPENDENT NON-EXECUTIVE DIRECTOR OF THE COMPANY, AT AN ISSUE PRICE WHICH SHALL BE PRICED AT NOT MORE THAN 10% DISCOUNT TO THE 5D-VWAMP OF IPMUDA SHARES IMMEDIATELY PRECEDING THE PRICE FIXING DATE ("PROPOSED ALLOCATION 3")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 15 1
No. of Shares 50,533,812 1,000
% of Voted Shares 99.9980 0.0019
Result Accepted

6. Ordinary Resolution 6

Description 
PROPOSED ALLOCATION OF UP TO 750,000 RESTRICTED ISSUE SHARES TO TEH FOO HOCK, BEING THE INDEPENDENT NON-EXECUTIVE DIRECTOR OF THE COMPANY, AT AN ISSUE PRICE WHICH SHALL BE PRICED AT NOT MORE THAN 10% DISCOUNT TO THE 5D-VWAMP OF IPMUDA SHARES IMMEDIATELY PRECEDING THE PRICE FIXING DATE ("PROPOSED ALLOCATION 4")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 15 1
No. of Shares 50,533,812 1,000
% of Voted Shares 99.9980 0.0019
Result Accepted

7. Ordinary Resolution 7

Description 
PROPOSED ALLOCATION OF UP TO 750,000 RESTICTED ISSUE SHARES TO DATO' AMIRUDDIN BIN ABDUL SATAR, BEING THE INDEPENDENT NON-EXECUTIVE DIRECTOR OF THE COMPANY, AT AN ISSUE PRICE WHICH SHALL BE PRICED AT NOT MORE THAN 10% DISCOUNT TO THE 5D-VWAMP OF IPMUDA SHARES IMMEDIATELY PRECEDING THE PRICE FIXING DATE ("PROPOSED ALLOCATION 5")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 15 1
No. of Shares 50,533,812 1,000
% of Voted Shares 99.9980 0.0019
Result Accepted

8. Ordinary Resolution 8

Description 
PROPOSED ALLOCATION OF UP TO 750,000 RESTRICTED ISSUE SHARES TO ABDUL HALIM BIN JANTAN, BEING THE INDEPENDENT NON-EXECUTIVE DIRECTOR OF THE COMPANY, AT AN ISSUE PRICE WHICH SHALL BE PRICED AT NOT MORE THAN 10% DISCOUNT TO THE 5D-VWAMP OF IPMUDA SHARES IMMEDIATELY PRECEDING THE PRICE FIXING DATE ("PROPOSED ALLOCATION 6")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 15 1
No. of Shares 50,533,812 1,000
% of Voted Shares 99.9980 0.0019
Result Accepted

9. Special Resolution

Description 
PROPOSED CHANGE OF NAME OF THE COMPANY FROM "IPMUDA BERHAD" TO "JENTAYU SUSTAINABLES BERHAD" ("PROPOSED CHANGE OF NAME")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 11 5
No. of Shares 21,487,512 29,047,300
% of Voted Shares 42.5202 57.4797
Result Rejected

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