[P&O] Extraordinary on 11-Mar-2022

Stock
[P&O]: PACIFIC & ORIENT BHD
Announcement Date
27-Jan-2022
Type
Extraordinary
Date & Time
11-Mar-2022 11:00
Depositor Date
07-Mar-2022
Venue
Conference Room 17th Floor, Wisma Bumi Raya, No. 10, Jalan Raja Laut, 50350 Kuala Lumpur
Description
PACIFIC & ORIENT BERHAD ("P&O" OR THE "COMPANY") RATIFICATION
POB - Notice of EGM and Administrative Guide.pdf
Outcome

The Board of Directors of Pacific & Orient Berhad ("P&O" or "Company") wishes to announce thatat the Extraordinary General Meeting ("EGM") of P&O held on Friday, 11March 2022, the shareholders of P&O hadapproved the Ordinary Resolutionas set out in the Notice of EGM by way of poll.

The results of the poll were duly validated by Cygnus Technology Solutions Sdn Bhd, the Independent Scrutineer appointed by the Company.

This announcement is dated 11March 2022.

Voting Results

1. ORDINARY RESOLUTION

Description 
RATIFICATION OF THE DISPOSAL BY PACIFIC & ORIENT DISTRIBUTION SDN BHD ("POD"), A WHOLLY-OWNED SUBSIDIARY OF P&O, OF ITS ENTIRE EQUITY INTEREST IN HIRINGBOSS HOLDINGS PTE LTD TO ACCESS UK LIMITED, FOR A CASH CONSIDERATION OF USD19,834,646 (EQUIVALENT TO APPROXIMATELY RM82,611,301) ("DISPOSAL") ("RATIFICATION")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 76 4
No. of Shares 170,157,885 1,130,012
% of Voted Shares 99.3403 0.6597
Result Accepted

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