[MERIDIAN] EGM on 22-Dec-2022

Stock
[MERIDIAN]: MERIDIAN BERHAD
Announcement Date
29-Nov-2022
Reference No.
GMA-29112022-00007
Corporate Action ID
MY221129MEET0007
Type
EGM
Date & Time
22-Dec-2022 10:00
Depositor Date
15-Dec-2022
Venue
Online meeting platform (https://bit.ly/3guJidw),Level 5, Tower 8, Avenue 5, Horizon 2, Bangsar South City,59200 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur,MY
Description
MERIDIAN BERHAD ("MERIDIAN") - NOTICE OF EXTRAORDINARY GENERAL MEETING ("EGM") The EGM of Meridian will be conducted via online meeting platform (https://bit.ly/3guJidw) at Level 5, Tower 8, Avenue 5, Horizon 2, Bangsar South City, 59200 Kuala Lumpur.
Meridian - Notice of EGM_Admin Guide.pdf
Outcome

On behalf of the Board of Directors of Meridian Berhad (“Meridian” or the “Company”), Malacca Securities Sdn. Bhd. wishesto announce that the shareholders of the Company had approved all the resolutions set out in the Notice of Extraordinary General Meeting (“EGM”) dated 30November 2022, at the EGM of the Company held on 22December 2022.

The resolutions werepassed by way of poll and the results of the poll were validated by U Search Management Services, being the Independent Scrutineer appointed by the Company.

This announcement is dated 22December 2022.

Voting Results

1. ORDINARY RESOLUTION 1

Description 
PROPOSED COLLABORATION BETWEEN MERIDIAN AND M101 HOLDINGS SDN BHD ("M101") TO FACILITATE THE LICENSE AGREEMENT FOR MERIDIAN'S DEVELOPMENT AND OPERATION OF A WATER PARK ("PROPOSED COLLABORATION")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 19 3
No. of Shares 329,013,726 3,001
% of Voted Shares 99.9991 0.0009
Result Accepted

2. ORDINARY RESOLUTION 2

Description 
PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,190,746,395 NEW ORDINARY SHARES IN MERIDIAN ("MERIDIAN SHARES" OR "SHARES") ("RIGHTS SHARES") TOGETHER WITH UP TO 595,373,197 FREE DETACHABLE WARRANTS ("WARRANTS D") TO THE ENTITLED SHAREHOLDERS OF MERIDIAN, ON THE BASIS OF 10 RIGHTS SHARES TOGETHER WITH 5 WARRANTS D FOR EVERY 2 CONSOLIDATED SHARES (AS DEFINED HEREIN) HELD BY THE ENTITLED SHAREHOLDERS OF MERIDIAN ON AN ENTITLEMENT DATE TO BE DETERMINED LATER ("PROPOSED RIGHTS ISSUE WITH WARRANTS")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 15 6
No. of Shares 328,196,521 820,202
% of Voted Shares 99.7507 0.2493
Result Accepted

3. ORDINARY RESOLUTION 3

Description 
PROPOSED DIVERSIFICATION OF THE EXISTING PRINCIPAL ACTIVITIES OF MERIDIAN AND ITS SUBSIDIARIES ("MERIDIAN GROUP" OR THE "GROUP") TO INCLUDE LEISURE AND HOSPITALITY BUSINESSES ("PROPOSED DIVERSIFICATION")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 18 3
No. of Shares 329,013,722 3,001
% of Voted Shares 99.9991 0.0009
Result Accepted

4. ORDINARY RESOLUTION 4

Description 
PROPOSED ESTABLISHMENT OF AN EMPLOYEES' SHARE OPTIONS SCHEME ("SCHEME") INVOLVING UP TO 15% OF THE TOTAL ISSUED SHARES (EXCLUDING TREASURY SHARES) AT ANY POINT IN TIME DURING THE DURATION OF THE SCHEME ("PROPOSED ESOS")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 16 6
No. of Shares 328,196,621 820,106
% of Voted Shares 99.7507 0.2493
Result Accepted

5. SPECIAL RESOLUTION 1

Description 
PROPOSED CONSOLIDATION OF EVERY 4 MERIDIAN SHARES INTO 1 CONSOLIDATED MERIDIAN SHARE ("CONSOLIDATED SHARE") ("PROPOSED SHARE CONSOLIDATION")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 15 6
No. of Shares 328,196,521 820,202
% of Voted Shares 99.7507 0.2493
Result Accepted

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