[MNC] EGM on 21-Oct-2022

Stock
[MNC]: M N C WIRELESS BERHAD
Announcement Date
29-Sep-2022
Reference No.
GMA-29092022-00006
Corporate Action ID
MY220929MEET0006
Type
EGM
Date & Time
21-Oct-2022 11:30
Depositor Date
12-Oct-2022
Venue
Online Meeting Platform hosted on Securities Services e-Portal at,https://sshsb.net.my/ (MYNIC Domain Registration Number,D4A004360) provided by SS E Solutions Sdn. Bhd.,MY
Description
M N C WIRELESS BERHAD ("MNC" OR "THE COMPANY") - Notice of Extraordinary General Meeting ("EGM")
M N C Wireless Berhad - Notice of EGM and Administrative Notes.pdf
Outcome

The Board of Directors of M N C Wireless Berhad ("MNC" or "the Company") is pleased to announce that the resolutions as prescribed in the Notice of Extraordinary General Meeting ("EGM") of the Company dated 30 September 2022 were duly passed by the shareholders of the Company by way of poll via remote participation and voting at the EGM of the Company.


The result of the poll was validated by Commercial Quest Sdn. Bhd., the independent scrutineer appointed by the Company.

Please refer to the attachment for the details of the outcome.

This announcement is dated 21 October 2022.

Voting Results

1. Ordinary Resolution 1

Description 
Proposed consolidation of every 10 existing ordinary shares in MNC ("MNC Shares" or "Shares") into 1 MNC Share ("Consolidated Share") ("Proposed Share Consolidation")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 32 4
No. of Shares 770,082,165 40,600
% of Voted Shares 99.9947 0.0053
Result Accepted

2. Ordinary Resolution 2

Description 
Proposed bonus issue of up to 94,734,940 new warrants in MNC ("Warrants C") on the basis of 3 Warrants C for every 8 Consolidated Shares held on an entitlement date to be determined and announced later ("Proposed Bonus Issue of Warrants")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 33 3
No. of Shares 770,102,165 20,600
% of Voted Shares 99.9973 0.0027
Result Accepted

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