[EPMB] EGM on 31-May-2022

Announcement Date
12-May-2022
Reference No.
GMA-11052022-00012
Corporate Action ID
MY220511MEET0012
Type
EGM
Date & Time
31-May-2022 15:00
Depositor Date
24-May-2022
Venue
Broadcast Venue: Conference Room, No. 8 & 10,,Jalan Jurutera U1/23, Seksyen U1,,Kawasan Perindustrian Hicom Glenmarie,,40150 Shah Alam, Selangor.,MY
Description
Notice of Extraordinary General Meeting ("EGM") of EP Manufacturing Bhd. The EGM will be conducted fully virtual and entirely via remote participation and electronic voting at the Broadcast Venue.
EPMB - Notice of EGM with Administrative Notes.pdf
Remark
-
RESOLUTIONS
Ordinary Resolution 1 (For Voting)
Proposed Disposal by EP Manufacturing Bhd (EPM) of 2 parcels of freehold land held under Geran 215211, Lot 61817 (Block 8) and Geran 215210, Lot 61816, both of Bandar Glenmarie, District of Petaling, Selangor Darul Ehsan together with the factories and offices constructed thereon to Precious Vision Sdn. Bhd. (Precious Vision) for a total cash consideration of RM53.5 million and the subsequent Leaseback by EPM of part of Block 8 from Precious Vision ("Proposed Disposal and Leaseback")
Ordinary Resolution 2 (For Voting)
Proposed Private Placement of up to 30% of EPM's total number of issued shares ("Proposed Private Placement")
Ordinary Resolution 3 (For Voting)
Proposed establishment of an Employees' Share Option Scheme (ESOS) of up to 15% of EPM's total number of issued shares, excluding treasury shares, if any, at any point in time over the duration of the ESOS for eligible Directors and employees of EPM and its subsidiaries (EPM Group) ("Proposed ESOS")
Ordinary Resolution 4 (For Voting)
Proposed Allocation of ESOS Options to Hamidon bin Abdullah
Ordinary Resolution 5 (For Voting)
Proposed Allocation of ESOS Options to Zulkefly bin Baharuddin
Ordinary Resolution 6 (For Voting)
Proposed Allocation of ESOS Options to Johan bin Hamidon
Ordinary Resolution 7 (For Voting)
Proposed Allocation of ESOS Options to Aidan Hamidon
Ordinary Resolution 8 (For Voting)
Proposed Allocation of ESOS Options to Ho Kok Wei
Ordinary Resolution 9 (For Voting)
Proposed Allocation of ESOS Options to Dr. Linden Hamidon
Ordinary Resolution 10 (For Voting)
Proposed Allocation of ESOS Options to Shaari bin Haron
Ordinary Resolution 11 (For Voting)
Proposed Allocation of ESOS Options to Tan Sri Datuk Hussin bin Haji Ismail
Ordinary Resolution 12 (For Voting)
Proposed Allocation of ESOS Options to Hew Voon Foo
Ordinary Resolution 13 (For Voting)
Proposed Allocation of ESOS Options to Cheng Sheng
Ordinary Resolution 14 (For Voting)
Proposed Diversification of EPM Group's principal activities to include the undertaking of Property Development and related activities such as Construction and Project Management ("Proposed Diversification")
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