[GESHEN]: GE-SHEN CORPORATION BHD

12-Mar-2015

EGM

04-Apr-2015 10:00

27-Mar-2015

Room Sapphire 3, Level 4, Grand Paragon Hotel, No. 18, Jalan Harimau, Taman Century, 80250 Johor Bahru, Johor, Malaysia

- PROPOSED ACQUISITION OF 1,500,000 ORDINARY SHARES OF RM1.00 EACH IN POLYPLAS SDN BHD (“POLYPLAS”) REPRESENTING 75% EQUITY INTEREST IN POLYPLAS BY GE-SHEN FOR A TOTAL CASH CONSIDERATION OF RM33,756,253 AND PROPOSED OPTION TO ACQUIRE AN ADDITIONAL 500,000 ORDINARY SHARES OF RM1.00 EACH IN POLYPLAS SDN BHD (“POLYPLAS”) REPRESENTING 25% EQUITY INTEREST IN POLYPLAS FOR A TOTAL PURCHASE CONSIDERATION TO BE DETERMINED; - PROPOSED ISSUANCE OF 30,000,000 NEW REDEEMABLE CONVERTIBLE PREFERENCE SHARES OF RM0.01 EACH IN GE-SHEN (“RCPS”) AT AN ISSUE PRICE OF RM0.60 PER RCPS TO THIRD PARTY INVESTORS TO BE IDENTIFIED (“PROPOSED ISSUANCE OF RCPS”); and - PROPOSED AMENDMENTS TO THE MEMORANDUM AND ARTICLES OF ASSOCIATION OF THE COMPANY
Notice of EGM - Ge-Shen Corporation Berhad.pdf

GE-SHEN CORPORATION BERHAD (“GE-SHEN” OR “THE COMPANY”)

- Extraordinary General Meeting (“EGM”)

The Board of Directors of GE-SHEN wishes to inform that all the resolutions set out in the Notice of EGM dated 13 March 2015, were duly passed at the EGM of the Company.

This announcement is dated 6 April 2015.

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