[GIIB] Extraordinary on 06-Feb-2020

Stock
[GIIB]: GIIB HOLDINGS BERHAD
Announcement Date
21-Jan-2020
Type
Extraordinary
Date & Time
06-Feb-2020 10:00
Depositor Date
30-Jan-2020
Venue
Throne 2, Empire Hotel Subang Empire Subang, Jalan SS16/1 47500 Subang Jaya Selangor Darul Ehsan
Description
Goodway Integrated Industries Berhad ("Goodway" or the "Company") Notice of Extraordinary General Meeting
Goodway - Notice of EGM (Final) Bursa.pdf
Outcome

The Board of Directors of Goodway Integrated Industries Berhad ("Goodway" or "the Company") wishes to announce that all the resolutions under Ordinary Businesses as set out in the Notice of the Extraordinary General Meeting ("EGM") of the Company dated 22 January 2020 were duly passed at the Company's EGMheld on Thursday, 6 February 2020.

All the resolutions were voted by poll and the results were validated by Messrs Boardroom Corporate Services Sdn. Bhd., the Independent Scrutineer appointed by the Company.

The details of the results of the poll are set out below. A copy of the polling results of the EGMis attached for reference.

This announcement is dated 6 Februry 2020.

Voting Results

1. Ordinary Resolution 1

Description 
PROPOSED PRIVATE PLACEMENT OF 30% OF THE TOTAL NUMBER OF ISSUED SHARES OF GOODWAY ("PROPOSED PRIVATE PLACEMENT")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 19 0
No. of Shares 17,298,771 0
% of Voted Shares 100.0000 0.0000
Result Accepted

2. Ordinary Resolution 2

Description 
PROPOSED SUBSCRIPTION OF 24,313,850 PLACEMENT SHARES ("SUBSCRIPTION SHARE(S)") AT AN ISSUE PRICE OF RM0.16 PER SUBSCRIPTION SHARE BY TAI QISHENG TO BE SATISFIED ENTIRELY VIA CASH ("PROPOSED SUBSCRIPTION")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 19 0
No. of Shares 17,298,771 0
% of Voted Shares 100.0000 0.0000
Result Accepted

3. Ordinary Resolution 3

Description 
PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 237,060,037 GOODWAY SHARES ("RIGHTS SHARE(S)") ON THE BASIS OF 3 RIGHTS SHARES FOR EVERY 2 EXISTING GOODWAY SHARES HELD, TOGETHER WITH UP TO 158,040,024 FREE DETACHABLE WARRANTS ("WARRANT(S)") ON THE BASIS OF 2 FREE WARRANTS FOR EVERY 3 RIGHTS SHARES SUBSCRIBED FOR, ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER ("PROPOSED RIGHTS ISSUE WITH WARRANTS")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 18 0
No. of Shares 17,298,646 0
% of Voted Shares 100.0000 0.0000
Result Accepted

4. Ordinary Resolution 4

Description 
PROPOSED DIVERSIFICATION OF THE EXISTING BUSINESS OF GOODWAY AND ITS SUBSIDIARIES ("GOODWAY GROUP" OR THE "GROUP") TO INCLUDE THE SUPPLY AND INSTALLATION OF MECHANICAL AND ENGINEERING PROCESS CONTROL AND AUTOMATION SYSTEMS ("PROPOSED DIVERSIFICATION")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 21 0
No. of Shares 17,383,771 0
% of Voted Shares 100.0000 0.0000
Result Accepted

Remark
-
Market Buzz

2024-04-26

Forum

1 New Comment

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