The Board of Directors of Catcha Digital Berhad (formerly known as Rev Asia Berhad) ("Catcha Digital" or "the Company") wishes to announce that all the resolutions as set out in the Notice of the Extraordinary General Meeting ("EGM")of the Company dated 30 June 2022 were duly approved by the shareholders of the Company by way of pollat the EGM of the Company held today, 20 July2022 at WSPACE, Level 27 Penthouse, Centrepoint North, Mid Valley City, Lingkaran Syed Putra, 59200 Kuala Lumpur, Malaysia.
The results of the poll were validated by Aldpro Corporate Services SdnBhd, the Independent Scrutineer appointed by the Company.
The details of the results of the poll are set out below.
This announcement is dated 20 July 2022.
Voting Results |
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1. ORDINARY RESOLUTION 1 |
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Description |
PROPOSED ACQUISITION OF THE ENTIRE EQUITY INTEREST IN iMEDIA ASIA SDN BHD (iMEDIA) BY CATCHA DIGITAL FROM CATCHA INVESTMENTS LTD (CATCHA INVESTMENTS) AND iCREATIVE ASIA SDN BHD (iCREATIVE) (CATCHA INVESTMENTS AND iCREATIVE ARE COLLECTIVELY REFERRED TO AS THE VENDORS) FOR A TOTAL PURCHASE CONSIDERATION OF RM10,000,000 WHICH WILL BE FULLY SATISFIED THROUGH THE ISSUANCE OF 40,000,000 NEW ORDINARY SHARES IN CATCHA DIGITAL (CATCHA DIGITAL SHARE(S) OR SHARE(S)) (CONSIDERATION SHARE(S)) AT AN ISSUE PRICE OF RM0.25 PER CONSIDERATION SHARE (PROPOSED ACQUISITION); |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 5 | 0 |
No. of Shares | 3,167,050 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
2. ORDINARY RESOLUTION 2 |
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Description |
PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 174,640,020 SHARES (RIGHTS SHARE(S)) ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY ONE (1) EXISTING CATCHA DIGITAL SHARE HELD BY THE ENTITLED SHAREHOLDERS ON AN ENTITLEMENT DATE TO BE DETERMINED LATER (PROPOSED RIGHTS ISSUE); |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 5 | 0 |
No. of Shares | 3,167,050 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
3. ORDINARY RESOLUTION 3 |
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Description |
PROPOSED EXEMPTION UNDER PARAGRAPHS 4.08(1)(a) AND 4.08(1)(b) OF THE RULES ON TAKE-OVERS, MERGERS AND COMPULSORY ACQUISITIONS FOR PATRICK YKIN GROVE, CATCHA GROUP PTE LTD AND THE PERSONS ACTING IN CONCERT WITH THEM FROM THE OBLIGATION TO UNDERTAKE A MANDATORY TAKE-OVER OFFER TO ACQUIRE THE REMAINING CATCHA DIGITAL SHARES NOT ALREADY OWNED BY THEM UPON COMPLETION OF THE PROPOSED ACQUISITION AND THE PROPOSED RIGHTS ISSUE RESPECTIVELY (MANDATORY OFFER) (PROPOSED EXEMPTION) |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 5 | 0 |
No. of Shares | 3,167,050 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |