YKGI Holdings Berhad ("YKGI" or the "Company") wishes to announce thatat the ExtraordinaryGeneral Meeting ("EGM") of YKGI held today,the ordinary resolutionas set out in the Notice of EGM dated 15 June 2020 ("Ordinary Resolution"), was duly passed by the shareholders of YKGI.
The voting in respect of the Ordinary Resolutionwas carried out by way of a poll andthe resultswere validated byCoopers Professional Scrutineers Sdn Bhd, the Independent Scrutineer appointed by the Company.
The details of the said results is set out below.
This announcement is dated 30 June 2020.
Voting Results |
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1. Ordinary Resolution |
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Description |
Proposed repayment of the amount owing by YKGI to Marubeni-Itochu Steel Inc., who is a major shareholder of YKGI, in cash and the other terms and conditions of which are as contained in the Repayment Agreements |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 11 | 5 |
No. of Shares | 40,853,451 | 10,491,492 |
% of Voted Shares | 79.5670 | 20.4330 |
Result | Accepted | |