[IDEAL] EGM on 21-Jul-2022

Stock
[IDEAL]: IDEAL CAPITAL BERHAD
Announcement Date
05-Jul-2022
Reference No.
GMA-04072022-00007
Corporate Action ID
MY220704MEET0005
Type
EGM
Date & Time
21-Jul-2022 13:30
Depositor Date
15-Jul-2022
Venue
Room 1, Level 1,AC Hotel by Marriott Penang,213 Jalan Bukit Gambir,11950 Bukit Jambul, Penang,MY
Description
Extraordinary General Meeting in relation to the Proposed Acquisition
ICB EGM.pdf
Outcome

THE BOARD OF DIRECTORS OF IDEAL CAPITAL BERHAD WISHES TO ANNOUNCE THATTHE RESOLUTIONAS SET OUT IN THE NOTICE OF EXTRAORDINARY GENERAL MEETING ("EGM") DATED 6 JULY 2022 WASDULY PASSED AT THE EGM OF THE COMPANY HELD ON 21 JULY 2022 BY WAY OF POLL VOTING.

THE RESULT OF THE POLL WAS VALIDATED BY TAN YEN WOOI & CO., THE INDEPENDENT SCRUTINEER APPOINTED BY THE COMPANY.

PLEASE REFER TO THE ATTACHMENT FOR THE DETAIL OF THE OUTCOME.

Voting Results

1. Ordinary Resolution

Description 
Proposed Acquisition by Lestari Duta Sdn. Bhd. and Mujur Sinarjaya Sdn. Bhd., both of which are 70%-owned subsidiaries of Ideal Capital Berhad (formerly known as Ideal United Bintang International Berhad), of 17 parcels of freehold land for a total purchase consideration of Ringgit Malaysia Four Hundred Seventy Five Million Three Hundred Fifty Nine Thousand Fifty Six (RM475,359,056.00) only ("Proposed Acquisition")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 15 1
No. of Shares 428,877,624 400
% of Voted Shares 99.9999 0.0001
Result Accepted

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