[MTRONIC] EGM on 21-Mar-2022

Stock
[MTRONIC]: METRONIC GLOBAL BHD
Announcement Date
24-Feb-2022
Reference No.
GMA-07022022-00002
Corporate Action ID
MY220207MEET0002
Type
EGM
Date & Time
21-Mar-2022 10:00
Depositor Date
10-Mar-2022
Venue
Mlabs VGM platform operated by Mlabs Research Sdn Bhd,at the broadcast venue at Lot 10.03, 10th Floor,,Menara Lien Hoe, No. 8, Persiaran Tropicana,,47410 Petaling Jaya, Selangor,MY
Description
Metronic Global Berhad ("Metronic" or "the Company") - Notice of Extraordinary General Meeting
Metronic - Notice of EGM.pdf
Outcome

The Board of Directors of Metronic Global Berhad ("Metronic" or "the Company") is pleased to announce that all resolutions as set out in the Notice of the Extraordinary General Meeting ("EGM") dated 25 February 2022were passed by the shareholders of the Company at the EGM held today, 21 March 2022.

All the resolutions were voted by way of poll and the results of the poll were validated by Messrs KW Ng & Co., an independent scrutineer appointed by the Company.

This announcement is dated 21 March 2022.

Voting Results

1. Ordinary Resolution 1

Description 
PROPOSED DIVERSIFICATION OF THE EXISTING BUSINESS OF METRONIC AND ITS SUBSIDIARIES TO INCLUDE SOLAR ENERGY BUSINESS
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 24 5
No. of Shares 442,887,050 51,362
% of Voted Shares 99.9884 0.0116
Result Accepted

2. Special Resolution

Description 
PROPOSED CONSOLIDATION OF EVERY 10 ORDINARY SHARES IN METRONIC INTO 1 SHARE ("CONSOLIDATED SHARE")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 20 9
No. of Shares 442,838,954 99,458
% of Voted Shares 99.9775 0.0225
Result Accepted

3. Ordinary Resolution 2

Description 
PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,742,433,306 NEW SHARES ("RIGHTS SHARES") TOGETHER WITH UP TO 580,811,102 FREE
DETACHABLE WARRANTS IN THE COMPANY ("WARRANTS B") ON THE BASIS OF 6 RIGHTS SHARES TOGETHER WITH 2 FREE WARRANTS B FOR EVERY
1 CONSOLIDATED SHARE HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY ON AN ENTITLEMENT DATE TO BE DETERMINED
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 20 9
No. of Shares 442,838,954 99,458
% of Voted Shares 99.9775 0.0225
Result Accepted

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