[PDZ] Extraordinary on 26-Jul-2021

Stock
[PDZ]: PDZ HOLDINGS BHD
Announcement Date
08-Jul-2021
Type
Extraordinary
Date & Time
26-Jul-2021 10:00
Depositor Date
19-Jul-2021
Venue
Online Meeting Platform hosted on Securities Services e-Portal at https://www.sshsb.net.my/ (MYNIC Domain Registration Number D4A004360) provided by SS E Solutions Sdn. Bhd.
Description
PDZ Holdings Bhd. ("PDZ" or "the Company") - Notice of Extraordinary General Meeting ("EGM")
PDZ - Notice of EGM and Admin Notes and Proxy Form.pdf
Outcome

The Board of Directors of PDZ Holdings Bhd. ("the Company") is pleased to announce that the resolutions as prescribed in the Notice of Extraordinary General Meeting ("EGM") of the Company dated 9 July 2021were duly passed by the shareholders of the Company by way of poll via remote participation and voting at the EGM of the Company.

The result of the poll was validated by Commercial Quest Sdn. Bhd., the independent scrutineer appointed by the Company.

Please refer to the attachment for the details of the outcome.

This announcement is dated 26 July 2021.

Voting Results

1. Ordinary Resolution 1

Description 
Proposed diversification of the existing business of PDZ and its subsidiaries to include the manufacture, sale and marketing of gloves and other related activities
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 138 11
No. of Shares 215,892,607 287,242
% of Voted Shares 99.8671 0.1329
Result Accepted

2. Ordinary Resolution 2

Description 
Proposed consolidation of every 10 ordinary shares in PDZ into 1 share ("Consolidated Share")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 130 20
No. of Shares 215,448,217 1,031,632
% of Voted Shares 99.5235 0.4765
Result Accepted

3. Ordinary Resolution 3

Description 
Proposed renounceable rights issue of up to 797,749,896 new shares ("Rights Shares") together with up to 265,916,632 free detachable warrants in the Company ("Warrants C") on the basis of 6 Right Shares together with 2 free Warrants C for every 1 Consolidated Share held by the entitled shareholders of the Company on an entitlement date to be determined
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 130 19
No. of Shares 215,418,234 640,615
% of Voted Shares 99.7035 0.2965
Result Accepted

4. Ordinary Resolution 4

Description 
Proposed variation of the utilisation of proceeds previously raised from a rights issue exercise undertaken by the Company
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 132 17
No. of Shares 215,468,934 980,915
% of Voted Shares 99.5468 0.4532
Result Accepted

5. Ordinary Resolution 5

Description 
Proposed establishment of an employees share options scheme involving up to 15% of the total number of issued shares of the Company (excluding treasury shares, if any) for eligible directors and employees of the Company and its subsidiaries
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 131 19
No. of Shares 215,448,234 1,031,615
% of Voted Shares 99.5235 0.4765
Result Accepted

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