The Board of Directors of Ranhill Utilities Berhad ("Ranhill" or "the Company")is pleased to announce that all the resolutions as set out in the Notice of the Extraordinary General Meeting ("EGM") of the Company dated 14 June 2021were duly passed by the shareholders of the Company at the EGMheld today.
All the resolutions were voted by way ofpoll via online Remote Participation and Voting and the results of the poll were validated by Mega CorporateServices Sdn Bhd, the independent scrutineers appointed by the Company.
Details of the said results of the poll are set out below.
This announcement is dated 28 June 2021.
Voting Results |
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1. ORDINARY RESOLUTION 1 |
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Description |
PROPOSED ACQUISITION BY RANHILL OF 100% EQUITY INTEREST IN RANHILL BERSEKUTU SDN BHD ("RBSB") FROM RANHILL BERHAD FOR A PURCHASE CONSIDERATION OF RM93,875,000 TO BE SETTLED BY ISSUANCE OF NEW ORDINARY SHARES IN RANHILL UTILITIES BERHAD ("RANHILL") ("PROPOSED RBSB ACQUISITION") |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 161 | 45 |
No. of Shares | 121,537,701 | 53,785,086 |
% of Voted Shares | 69.3223 | 30.6777 |
Result | Accepted | |
2. ORDINARY RESOLUTION 2 |
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Description |
PROPOSED ACQUISITION BY RANHILL OF 51% EQUITY INTEREST IN RANHILL WORLEY SDN BHD ("RWSB") FROM RANHILL GROUP SDN BHD FOR A PURCHASE CONSIDERATION OF RM117,956,625 TO BE SETTLED BY ISSUANCE OF NEW ORDINARY SHARES IN RANHILL ("PROPOSED RWSB ACQUISITION") |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 164 | 42 |
No. of Shares | 121,538,046 | 53,784,741 |
% of Voted Shares | 69.3224 | 30.6776 |
Result | Accepted | |
3. ORDINARY RESOLUTION 3 |
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Description |
PROPOSED DIVERSIFICATION OF THE BUSINESS ACTIVITIES OF RANHILL AND ITS SUBSIDIARIES TO INCLUDE THE BUSINESS OF INFRASTRUCTURE, CHEMICALS, RESOURCES AND ENERGY SUCH AS PROVISION OF ENGINEERING SERVICES AND PROJECT MANAGEMENT ("PROPOSED DIVERSIFICATION") |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 164 | 42 |
No. of Shares | 121,538,099 | 53,784,688 |
% of Voted Shares | 69.3225 | 30.6775 |
Result | Accepted | |
4. ORDINARY RESOLUTION 4 |
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Description |
PROPOSED EXEMPTION FOR TAN SRI HAMDAN MOHAMAD AND ANY OTHER PERSON ACTING IN CONCERT WITH TAN SRI HAMDAN MOHAMAD FROM THE OBLIGATION TO UNDERTAKE A MANDATORY TAKE-OVER OFFER TO ACQUIRE THE REMAINING ORDINARY SHARES IN RANHILL NOT ALREADY OWNED BY THEM UPON THE COMPLETION OF THE PROPOSED ACQUISITIONS ("PROPOSED EXEMPTION") |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 157 | 47 |
No. of Shares | 121,503,423 | 53,813,672 |
% of Voted Shares | 69.3049 | 30.6951 |
Result | Accepted | |