OUTCOME
OF EXTRAORDINARY GENERAL MEETING (“EGM”) OF PUNCAK NIAGA HOLDINGS BERHAD
(“PNHB”) IN RESPECT OF:
(I) PROPOSED ISSUE OF UP TO 40,910,609 FREE WARRANTS IN PNHB (“WARRANTS”) ON THE BASIS OF ONE (1) WARRANT FOR EVERY TEN (10) EXISTING ORDINARY SHARES OF RM1.00 EACH IN PNHB HELD BY THE ENTITLED SHAREHOLDERS OF PNHB
(II)PROPOSED ISSUE OF A FIVE (5)-YEAR REDEEMABLE CONVERTIBLE
SECURED SUKUK IJARAH OF UP TO RM165.0 MILLION IN NOMINAL VALUE
(COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)
On behalf of the Board of Directors of PNHB, Hong Leong Investment Bank Berhad (formerly known as MIMB Investment Bank Berhad) wishes to announce that the shareholders of PNHB have at the EGM held today approved all the resolutions as set out in the Notice of EGM dated 13 May 2013 in relation to the Proposals.
The results for the resolutions which were decided by way of poll are as
follows:
Vote For |
Vote Against |
Total Votes |
||||
No. of Shares |
% |
No. of Shares |
% |
No. of Shares |
% |
|
Ordinary Resolution 1 - Proposed Free Warrants Issue |
185,561,008 |
76.519 |
56,943,459 |
23.481 | 242,504,467 |
100.00 |
Ordinary Resolution 2 -Proposed Convertible Sukuk Ijarah Issue |
185,070,353 |
76.318 |
57,428,064 |
23.682 |
242,498,417 |
100.00 |