[KESM]: KESM INDUSTRIES BHD

31-Mar-2015

EGM

16-Apr-2015 10:30

09-Apr-2015

Pod 1, Level 32A, Capri by Fraser Kuala Lumpur, No. 5 Jalan Kerinchi, Bangsar South City, 59200 Kuala Lumpur, Malaysia

KESM INDUSTRIES BERHAD ("KESM") -Notice of an Extraordinary General Meeting on proposed acquisition of the remaining 692,308 ordinary shares of RM1.00 each in KESM Test (M) Sdn Bhd (“KESM Test”), representing approximately 34.62% equity interest not already owned by the Company from Sunright Limited (“Sunright”) for a cash consideration of RM35.0 million (“Proposed Acquisition”)
KESM_Notice of EGM..pdf

We refer to the announcement dated 31 March 2015 in relation to the notice of Extraordinary General Meeting ("EGM") dated 1 April 2015 ("Notice").

The Board of Directors of KESM Industries Berhad (the "Company") wishes to announce that the resolution (as set out in the Notice) has been approved by the shareholders of the Company as tabled at the EGM held today.

The resolution as set out in the Notice was conducted by way of poll with the following results:-

	IN FAVOUR		AGAINST
	No. of Shares	%	No. of Shares	%
Ordinary Resolution - Proposed Acquisition ^	4,636,920	98.49	71,300	1.51

Note:

^ The interested parties namely Sunright Limited, Samuel Lim Syn Soo, Lim Mee Ing and Kenneth Tan Teoh Khoon have abstained from voting in respect of their direct and/or all indirect shareholdings in the Company on the Ordinary Resolution as set out above, tabled at the EGM held today.

This announcement is dated 16 April 2015.

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