The Board of Directors of CAB Cakaran Corporation Berhad ("the Company") wishes to announce that the resolutionas set outin the Notice of Extraordinary General Meeting ("EGM") of the Company dated 13September2021wasduly passed by the shareholders of the Company by way of poll via remote participation and voting at the EGM of the Company held earlier today.
The result of the poll was validated by Asia SecuritiesSdn. Bhd., the independent scrutineer appointed by the Company.
Please refer to the attachment for the details of the outcome.
This announcement is dated 30 September 2021.
Voting Results |
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1. Ordinary Resolution |
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Description |
Proposed acquisition by CAB of a 51% equity interest in Benarlab Sdn. Bhd. ("Benarlab") for a purchase consideration of RM3,300,000, which will be satisfied entirely via the issuance of 7,500,000 new ordinary shares in CAB ("CAB Share(s)") ("Consideration Share(s)") at the issue price of RM0.44 per Consideration Share ("Proposed Acquisition") |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 49 | 6 |
No. of Shares | 458,400,028 | 23,214 |
% of Voted Shares | 99.9949 | 0.0051 |
Result | Accepted | |
2024-03-27
2024-03-25