The Board of Directors of LYC Healthcare Berhad ("the Company") is pleased to announce that all the resolutions set out in the Notice of Extraordinary General Meeting ("EGM") of the Company dated 23 February 2023were duly passed by the shareholders at the EGM of the Company held on 15 March 2023at 2.30 p.m.
All the resolutions were approved by way of poll at the EGM, and the results of the poll were validated by SKY Corporate Services Sdn Bhd, the Independent Scrutineer appointed by the Company. Details of the poll results are set out below.
This announcement is dated 15 March 2023.
Voting Results |
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1. ORDINARY RESOLUTION 1 |
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Description |
PROPOSED LISTING OF LYC MEDICARE (SINGAPORE) PTE LTD ("LYCSG"), A SUBSIDIARY OF LYC, ON THE CATALIST BOARD OF THE SINGAPORE EXCHANGE SECURITIES TRADING LIMITED ("PROPOSED LISTING") |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 25 | 0 |
No. of Shares | 308,499,588 | 0 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
2. ORDINARY RESOLUTION 2 |
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Description |
PROPOSED WAIVER OF THE T&T PROFIT GUARANTEE (AS DEFINED IN THE CIRCULAR) AND CERTAIN GUARANTEE AND OBLIGATION AS CONTAINED IN THE TERMS OF THE T&T SSA (AS DEFINED IN THE CIRCULAR) AND T&T SWAP AGREEMENT (AS DEFINED IN THE CIRCULAR) THROUGH THE EXECUTION OF A DEED OF SETTLEMENT DATED 27 JANUARY 2023 ENTERED INTO BETWEEN LYCSG, LYC MEDICARE SDN BHD ("LYCM"), LYC AND TING CHOON MENG ("PROPOSED T&T WAIVER") |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 24 | 1 |
No. of Shares | 308,499,488 | 100 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |
3. ORDINARY RESOLUTION 3 |
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Description |
PROPOSED WAIVER OF THE HCOS PROFIT GUARANTEE (AS DEFINED IN THE CIRCULAR) AND CERTAIN GUARANTEE AND OBLIGATION AS CONTAINED IN THE TERMS OF THE HCOS SSA (AS DEFINED IN THE CIRCULAR) AND HCOS SWAP AGREEMENT (AS DEFINED IN THE CIRCULAR) THROUGH THE EXECUTION OF A DEED OF SETTLEMENT DATED 27 JANUARY 2023 ENTERED INTO BETWEEN LYCSG, LYCM, LYC, CHAN YING HO AND BEYOND WELLNESS GROUP PTE LTD ("PROPOSED HCOS WAIVER") |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 24 | 1 |
No. of Shares | 308,499,488 | 100 |
% of Voted Shares | 100.0000 | 0.0000 |
Result | Accepted | |