THE BOARD OF DIRECTORS OF IDEAL UNITED BINTANG INTERNATIONALBERHAD WISHES TO ANNOUNCE THAT ALL THE RESOLUTIONSAS SET OUT IN THE NOTICE OF EXTRAORDINARYGENERAL MEETING ('EGM') DATED 6DECEMBER2019 WERE DULY PASSED AT THE EGM OF THE COMPANY HELD ON 31 DECEMBER2019 BY WAY OF POLL VOTING.
THE RESULTS OF THE POLL WERE VALIDATED BY INTERESOURCES SECRETARIAL SERVICES SDN. BHD., THE INDEPENDENT SCRUTINEERS APPOINTED BY THE COMPANY. THE RESULTS OF THE POLL OF THE EGM IS ATTACHED HEREWITH.
Voting Results |
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1. Ordinary Resolution 1 |
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Description |
ACQUISITION BY I HOMES PROPERTIES SDN BHD, A SUBSIDIARY OF IUBI (I HOMES OR PURCHASER) FROM 1ST AVENUE MALL SDN BHD (1AMSB OR THE VENDOR) OF THE LEASEHOLD LAND HELD UNDER PAJAKAN NEGERI 3268, LOT 386 SEKSYEN 17, BANDAR GEORGE TOWN, DAERAH TIMOR LAUT, NEGERI PULAU PINANG, ON WHICH IS ERECTED THE 11-STOREY COMMERCIAL BUILDING CONSISTING OF A 7-LEVEL SHOPPING MALL, 3-LEVEL CAR PARK AND 1-LEVEL SERVICE ROOM KNOWN AS 1ST AVENUE AND BEARING THE POSTAL ADDRESS 182, JALAN MAGAZINE, 10300 GEORGETOWN, PULAU PINANG TOGETHER WITH ALL ON SITE FITTINGS, MACHINERY, EQUIPMENT AND FIXTURES, AS WELL AS ALL EXISTING TENANCIES (1ST AVENUE OR PROPERTY) FOR A CASH CONSIDERATION OF RM153,000,000 |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 24 | 0 |
No. of Shares | 396,903,025 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
2. Ordinary Resolution 2 |
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Description |
DIVERSIFICATION OF COMPANY'S BUSINESS TO INCLUDE PROPERTY INVESTMENT HOLDING |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 23 | 1 |
No. of Shares | 396,901,625 | 1,400 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
3. Special Resolution |
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Description |
ADOPTION OF NEW CONSTITUTION OF THE COMPANY |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 24 | 0 |
No. of Shares | 396,903,025 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |