[GCAP] Extraordinary on 30-Jun-2021

Stock
[GCAP]: G CAPITAL BERHAD
Announcement Date
14-Jun-2021
Type
Extraordinary
Date & Time
30-Jun-2021 10:30
Depositor Date
17-Jun-2021
Venue
Online Meeting Platform of Vote2U Online operated by Agmo Digital Solutions Sdn Bhd in Malaysia via the link at https://web.vote2u.my
Description
EXTRAORDINARY GENERAL MEETING ("EGM") OF G CAPITAL BERHAD (Formerly known as Gunung Capital Berhad)
G Capital Notice of EGM and Administrative Guide.pdf
Outcome

The Board of Directors of G Capital Berhad is pleased to announce that all resolutions as set out in the Notice of Extraordinary General Meeting ("EGM")dated 15 June 2021were duly passed by the shareholders of the Company at the EGM of the Company held on 30 June 2021. Voting on all the resolutions were carried out by way of poll.

The resultof the poll was validated by the Independent Scrutineer, Aegis Communication Sdn Bhd.

Voting Results

1. ORDINARY RESOLUTION 1

Description 
PROPOSED DIVERSIFICATION OF THE EXISTING CORE BUSINESS OF GCAP AND ITS SUBSIDIARIES (GCAP GROUP OR THE GROUP) TO INCLUDE THE PROVISION OF ENERGY SOLUTION (PROPOSED DIVERSIFICATION)
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 69 2
No. of Shares 103,094,686 10,001
% of Voted Shares 99.9903 0.0097
Result Accepted

2. ORDINARY RESOLUTION 2

Description 
PROPOSED ESTABLISHMENT OF A LONG TERM INCENTIVE PLAN OF UP TO 15.0% OF THE ISSUED SHARE CAPITAL OF GCAP (EXCLUDING TREASURY SHARES, IF ANY) AT ANY POINT IN TIME DURING THE DURATION OF THE LONG TERM INCENTIVE PLAN, FOR THE ELIGIBLE EMPLOYEES AND DIRECTORS OF GCAP GROUP (EXCLUDING ITS DORMANT SUBSIDIARIES) WHO FULFIL THE ELIGIBILITY CRITERIA AS SET OUT IN THE BY-LAWS OF THE LONG TERM INCENTIVE PLAN (ELIGIBLE PERSONS) (LTIP BY-LAWS) (PROPOSED LTIP) WHICH COMPRISES THE FOLLOWING:-

(A)	PROPOSED ISSUANCE OF EMPLOYEES SHARES OPTION TO THE ELIGIBLE PERSONS TO SUBSCRIBE FOR NEW ORDINARY SHARES IN GCAP (GCAP SHARES OR SHARE(S)) AT A PRE-DETERMINED SUBSCRIPTION PRICE (PROPOSED NEW ESOS); AND

(B)	PROPOSED EXECUTIVE SHARE GRANT WHICH WOULD ENABLE GCAP TO AWARD GCAP SHARES TO THE ELIGIBLE PERSONS WITHOUT CASH CONSIDERATION PAYABLE (PROPOSED ESGS)
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 64 10
No. of Shares 103,060,582 2,544,487
% of Voted Shares 97.5905 2.4094
Result Accepted

3. ORDINARY RESOLUTION 3

Description 
PROPOSED ALLOCATION OF LTIP AWARDS TO TAN SRI DR. ALI BIN HAMSA
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 66 5
No. of Shares 103,094,582 10,105
% of Voted Shares 99.9902 0.0098
Result Accepted

4. ORDINARY RESOLUTION 4

Description 
PROPOSED ALLOCATION OF LTIP AWARDS TO DATUK YAP YEE PING
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 65 5
No. of Shares 91,015,582 10,105
% of Voted Shares 99.9889 0.0111
Result Accepted

5. ORDINARY RESOLUTION 5

Description 
PROPOSED ALLOCATION OF LTIP AWARDS TO LOI JIN CHOO
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 65 5
No. of Shares 103,075,582 10,105
% of Voted Shares 99.9902 0.0098
Result Accepted

6. ORDINARY RESOLUTION 6

Description 
PROPOSED ALLOCATION OF LTIP AWARDS TO DATO' ROSLI BIN SHARIF
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 65 5
No. of Shares 103,075,582 10,105
% of Voted Shares 99.9902 0.0098
Result Accepted

7. ORDINARY RESOLUTION 7

Description 
PROPOSED ALLOCATION OF LTIP AWARDS TO DATO' HAJI ROSHIDI BIN HAJI HASHIM
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 65 5
No. of Shares 103,075,582 10,105
% of Voted Shares 99.9902 0.0098
Result Accepted

8. ORDINARY RESOLUTION 8

Description 
PROPOSED SHAREHOLDERS MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE AND/OR TRADING NATURE (PROPOSED SHAREHOLDERS MANDATE)
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 68 3
No. of Shares 103,094,684 10,003
% of Voted Shares 99.9903 0.0097
Result Accepted

Remark
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