The Board of Directors of Bahvest ResourcesBerhad ("BAHVEST" or "the Company") is pleased to announce that the resolutionas set out in the Notice of the Extraordinary General Meeting ("EGM") of BAHVEST dated 7January 2021were duly passed by way of poll at the EGM of BAHVESTwhich was conducted fully virtual at theBroadcast Venueat Meeting Room, Securities Services (Holdings) Sdn BhdLevel 7, Menara Milenium, Jalan Damanlela,Pusat Bandar Damansara, Damansara Heights,50490 Kuala Lumpur, Wilayah Persekutuanon Friday, 29January2021at 11.00 a.m.
The results of the poll were validated by Commercial Quest Sdn. Bhd. [Registration No. 199401025328 (311007-M)], beingthe Independent Scrutineer appointed by the Company.
The details of the poll results are set out below.
This announcement is dated 29 January 2021.
Voting Results |
||
1. Special Resolution |
||
Description |
PROPOSED REDUCTION OF THE ISSUED SHARE CAPITAL OF BAHVEST PURSUANT TO SECTION 116 OF THE COMPANIES ACT 2016 (ACT) (PROPOSED CAPITAL REDUCTION) |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 54 | 3 |
No. of Shares | 311,864,324 | 9,018 |
% of Voted Shares | 99.9971 | 0.0029 |
Result | Accepted | |