[VS] Extraordinary on 28-Apr-2021

Stock
[VS]: V.S INDUSTRY BHD
Announcement Date
09-Apr-2021
Type
Extraordinary
Date & Time
28-Apr-2021 10:30
Depositor Date
21-Apr-2021
Venue
Iskandar Ballroom, Hotel Jen Puteri Harbour Persiaran Puteri Selatan Puteri Harbour 79000 Iskandar Puteri, Johor Darul Takzim
Description
V.S. INDUSTRY BERHAD ("VSI' OR THE "COMPANY") (I) PROPOSED BONUS ISSUE OF SHARES; AND (II) PROPOSED BONUS ISSUE OF WARRANTS
VS Industry - Notice of EGM.pdf
Outcome

The Board of Directors of V.S. IndustryBerhad ("VSI" or the "Company")is pleased to announce that the resolutions as set out in the Notice of Extraordinary General Meeting (“EGM”) of the Company dated 28 April 2021was duly passed by the shareholders of the Company at the EGM held today.

The resolutions werevoted by way of a poll and the resultof the pollwas validated by SKY Corporate Services Sdn Bhd, the independent scrutineer appointed by the Company.

Details of the said resultof the poll is set out below.

This announcement is dated 28 April 2021.

Voting Results

1. ORDINARY RESOLUTION 1

Description 
PROPOSED BONUS ISSUE OF UP TO 1,920,788,116 NEW ORDINARY SHARES ("VSI SHARE(S)") ("BONUS SHARE(S)") ON THE BASIS OF 1 BONUS SHARE FOR EVERY 1 EXISTING VSI SHARE HELD ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER ("PROPOSED BONUS ISSUE OF SHARES")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 237 0
No. of Shares 759,876,596 0
% of Voted Shares 100.0000 0.0000
Result Accepted

2. ORDINARY RESOLUTION 2

Description 
PROPOSED BONUS ISSUE OF UP TO 768,315,246 FREE WARRANTS IN VSI ("WARRANT(S)") ON THE BASIS OF 1 WARRANT FOR EVERY 5 EXISTING VSI SHARES HELD ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED AFTER THE COMPLETION OF THE PROPOSED BONUS ISSUE OF SHARES ("PROPOSED BONUS ISSUE OF WARRANTS")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 227 10
No. of Shares 574,502,703 185,373,893
% of Voted Shares 75.6047 24.3953
Result Accepted

Remark
-
Market Buzz

2024-04-19

Insider

DATUK GAN SEM YAM (a company director) transferred 4,420,000 shares on 19-Apr-2024.

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