[SIGN] EGM on 23-Mar-2023

Stock
[SIGN]: SIGNATURE INTERNATIONAL BHD
Announcement Date
07-Mar-2023
Reference No.
GMA-07032023-00004
Corporate Action ID
MY230307MEET0004
Type
EGM
Date & Time
23-Mar-2023 09:00
Depositor Date
15-Mar-2023
Venue
Online meeting platform via TIIH Online website at https://tiih.online,from the broadcast venue at Chin Hin Culture Centre,,F-0-1 & F-0-2, Pusat Perdagangan Kuchai, No. 2, Jalan 1/127,,Off Jalan Kuchai Lama, 58200 Kuala Lumpur, Wilayah Persekutuan,,MY
Description
Notice of Extraordinary General Meeting
SIB - Notice of EGM and Administrative Guide.pdf
Outcome

The Board of Directors of Signature International Berhad ("the Company") is pleased to announce that all the resolutions set out inthe notice of the Extraordinary General Meeting ("EGM") dated 8March 2023 were duly passed by way of poll at the EGM of the Company held earlier today.

The results of the poll were verified by Asia Securities SdnBerhad, the Independent Scrutineers appointed by the Company.

This announcement is dated 23 March 2023.

Voting Results

1. Ordinary Resolution 1

Description 
PROPOSED BONUS ISSUE OF 295,248,685 NEW ORDINARY SHARES IN SIGNATURE ("BONUS SHARE(S)"), ON THE BASIS OF 1 BONUS SHARE FOR EVERY 1 EXISTING ORDINARY SHARE IN SIGNATURE ("SIGNATURE SHARE(S)") HELD ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER ("PROPOSED BONUS ISSUE")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 49 3
No. of Shares 98,904,996 106
% of Voted Shares 99.9999 0.0001
Result Accepted

2. Ordinary Resolution 2

Description 
PROPOSED ACQUISITION OF 1,500,001 ORDINARY SHARES IN CORTEN INTERIOR SOLUTIONS PTE LTD ("CORTEN"), REPRESENTING 75.0% EQUITY INTEREST IN CORTEN FOR A CASH CONSIDERATION OF SGD45.00 MILLION  ("PROPOSED ACQUISITION OF CORTEN")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 43 9
No. of Shares 98,902,468 2,634
% of Voted Shares 99.9973 0.0027
Result Accepted

3. Ordinary Resolution 3

Description 
PROPOSED ACQUISITION OF 1,000,001 ORDINARY SHARES IN AREAL INTERIOR SOLUTIONS PTE LTD ("AREAL"), REPRESENTING THE ENTIRE EQUITY INTEREST IN AREAL FOR A CASH CONSIDERATION OF SGD2.80 MILLION  ("PROPOSED ACQUISITION OF AREAL")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 43 9
No. of Shares 98,902,468 2,634
% of Voted Shares 99.9973 0.0027
Result Accepted

4. Ordinary Resolution 4

Description 
PROPOSED WAIVER OF STATUTORY PRE-EMPTIVE RIGHTS OF THE SHAREHOLDERS ("PROPOSED WAIVER")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 44 8
No. of Shares 98,902,780 2,322
% of Voted Shares 99.9977 0.0023
Result Accepted

5. Ordinary Resolution 5

Description 
PROPOSED NEW SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE ("PROPOSED NEW SHAREHOLDERS' MANDATE")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 42 9
No. of Shares 9,202,468 2,634
% of Voted Shares 99.9714 0.0286
Result Accepted

Remark
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