[PRG] EGM on 08-Aug-2022

Stock
[PRG]: PRG HOLDINGS BERHAD
Announcement Date
21-Jul-2022
Reference No.
GMA-21072022-00010
Corporate Action ID
MY220721MEET0010
Type
EGM
Date & Time
08-Aug-2022 10:00
Depositor Date
02-Aug-2022
Venue
Broadcast Venue,Lot C601, Capital 3, Oasis Square,No. 2, Jalan PJU 1A/7A, Ara Damansara,47301 Petaling Jaya, Selangor,MY
Description
PRG Holdings Berhad ("PRG") Notice of virtual Extraordinary General Meeting
PRG - Notice of EGM.pdf
Outcome
The Board of Directors of PRG Holdings Berhad ("PRG" or "the Company") is pleased to announce that all the Ordinary Resolutions set out in the Notice of the Extraordinary General Meeting ("EGM") were duly passed by the shareholders of the Company at the EGM held on 8 August 2022. 

The details of the results of the poll were validated by Aegis Communication Sdn Bhd, the Independent Scrutineer appointed by the Company. 

This announcement is dated 8 August 2022.

Voting Results

1. Ordinary Resolution 1

Description 
Proposed acquisition of the remaining 62.75% equity interest in Energy Solution Global Limited by Furniweb Holdings Limited ("Furniweb" or "Purchaser") (a 54.19%-owned subsidiary of PRG) for a total purchase consideration of HK$58,191,840 (equivalent to RM31,423,594) to be satisfied via cash and issuance of new ordinary shares in Furniweb
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 25 2
No. of Shares 41,812,945 23
% of Voted Shares 99.9999 0.0001
Result Accepted

2. Ordinary Resolution 2

Description 
Proposed diversification of the businesses of the company and its subsidiaries to include the Energy Efficiency Business
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 25 2
No. of Shares 41,812,945 23
% of Voted Shares 99.9999 0.0001
Result Accepted

3. Ordinary Resolution 3

Description 
Proposed establishment of a long term incentive plan ("LTIP") of up to 15% of the total number of issued shares in PRG (excluding treasury shares, if any) at any one time throughout the duration of the LTIP for eligible Directors and employees of PRG and its non-dormant subsidiaries
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 19 4
No. of Shares 67,914,593 523
% of Voted Shares 99.9992 0.0008
Result Accepted

4. Ordinary Resolution 4

Description 
Proposed granting of LTIP Awards to Dato' Lua Choon Hann
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 19 4
No. of Shares 37,076,893 523
% of Voted Shares 99.9986 0.0014
Result Accepted

5. Ordinary Resolution 5

Description 
Proposed granting of LTIP Awards to Dato' Wee Cheng Kwan
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 22 4
No. of Shares 62,599,693 523
% of Voted Shares 99.9992 0.0008
Result Accepted

6. Ordinary Resolution 6

Description 
Proposed granting of LTIP Awards to Ng Tzee Penn
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 19 4
No. of Shares 40,633,393 523
% of Voted Shares 99.9987 0.0013
Result Accepted

7. Ordinary Resolution 7

Description 
Proposed granting of LTIP Awards to Lim Chee Hoong
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 19 4
No. of Shares 67,932,993 523
% of Voted Shares 99.9992 0.0008
Result Accepted

8. Ordinary Resolution 8

Description 
Proposed granting of LTIP Awards to Ji Haitao
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 20 4
No. of Shares 67,303,993 523
% of Voted Shares 99.9992 0.0008
Result Accepted

Remark
-
Market Buzz
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment