[GETS] EGM on 18-Jul-2022

Announcement Date
21-Jun-2022
Reference No.
GMA-21062022-00015
Corporate Action ID
MY220621MEET0014
Type
EGM
Date & Time
18-Jul-2022 15:00
Depositor Date
08-Jul-2022
Venue
To be held on a virtual basis hosted on,Securities Services e-Portal at https://sshsb.net.my/,at Level 7, Menara Milenium, Jalan Damanlela,,Pusat Bandar Damansara, Damansara Heights, 50490 Kuala Lumpur,MY
Description
Gets Global Berhad ("GETS" or "the Company") - Extraordinary General Meeting ("EGM") The EGM of the Company will be held on a virtual basis via remote participation through live stream and online voting
Gets Global EGM - notice.pdf
Remark
-
RESOLUTIONS
Special Resolution 1 (For Voting)
Proposed amendments to the Constitution of GETS to facilitate the issuance of 102,708,314 new Irredeemable Convertible Preference Shares in GETS as the purchase consideration for the Proposed Acquisition.
Special Resolution 2 (For Voting)
Proposed change of name of the Company from "Gets Global Berhad" to "One Glove Group Berhad".
Ordinary Resolution 1 (For Voting)
Proposed acquisition of 1,900,000 Ordinary Shares in One Glove Venture Sdn. Bhd. (formerly known as Great Stylish Venture Sdn. Bhd.) ("OGVSB"), representing 38% equity interest in OGVSB, from BT Capital Sdn. Bhd. for a purchase consideration of RM89,356,233 to be satisfied via the issuance of 102,708,314 new Irredeemable Convertible Preference Shares in GETS ("Consideration ICPS") at an issue price of RM0.87 per Consideration ICPS ("Proposed Acquisition").
Ordinary Resolution 2 (For Voting)
Proposed establishment of an Employees' Share Option Scheme ("ESOS") of up to 10% of the total number of issued shares of GETS (excluding treasury shares, if any) at any point in time over the duration of the ESOS for eligible persons.
Ordinary Resolution 3 (For Voting)
Proposed allocation of ESOS options to Datuk Che Azizuddin bin Che Ismail.
Ordinary Resolution 4 (For Voting)
Proposed allocation of ESOS options to Mr. Low Bok Tek.
Ordinary Resolution 5 (For Voting)
Proposed allocation of ESOS options to Mr. Dominic Aw Kian-Wee.
Ordinary Resolution 6 (For Voting)
Proposed allocation of ESOS options to Dr. Liew Lai Lai.
Ordinary Resolution 7 (For Voting)
Proposed allocation of ESOS options to Mr. Lim Chong Eng.
Ordinary Resolution 8 (For Voting)
Proposed allocation of ESOS options to Dato' Asmuni bin Sudin.
Ordinary Resolution 9 (For Voting)
Proposed allocation of ESOS options to Ms. Low Siew Hoon.
Ordinary Resolution 10 (For Voting)
Proposed allocation of ESOS options to Mr. Low Khai Loon.
Ordinary Resolution 11 (For Voting)
Proposed allocation of ESOS options to Mr. Low Khai Jei.
Ordinary Resolution 12 (For Voting)
Proposed allocation of ESOS options to Mr. Teong Lian Aik.
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