[ELSOFT] EGM on 23-May-2023

Stock
[ELSOFT]: ELSOFT RESEARCH BHD
Announcement Date
19-Apr-2023
Reference No.
GMA-18042023-00007
Corporate Action ID
MY230418MEET0007
Type
EGM
Date & Time
23-May-2023 11:00
Depositor Date
15-May-2023
Venue
Conference Hall of the Company,Plot 85B, Lintang Bayan Lepas 9,Bayan Lepas Industrial Park, Phase 4,11900 Penang,MY
Description
Notice of Extraordinary General Meeting
Notice of EGM.pdf
Outcome

The Board of Directors of Elsoft Research Berhad (“the Company”) wishes to announce that the resolutionas set out in the Notice of Extraordinary General Meeting ("EGM") dated 20 April 2023wasduly approved by way of poll at the EGM of the Company held on 23 May 2023.

The details of the results of the poll are set out in the table below.

The independent scruitineer appointed for the verification of the poll results is Messrs. Symphony Corporate Services Sdn. Bhd.

This announcement is dated 23 May 2023.

Voting Results

1. ORDINARY RESOLUTION

Description 
PROPOSED ACQUISITION OF 30,000 ORDINARY SHARES IN XYRIUS SOLUTIONS SDN BHD ("XYRIUS"), REPRESENTING 100% EQUITY INTEREST IN XYRIUS FOR A TOTAL PURCHASE CONSIDERATION OF RM10,100,000 TO BE SATISFIED VIA A COMBINATION OF CASH OF RM500,000 ("CASH CONSIDERATION") AND THE BALANCE OF RM9,600,000 BY THE ISSUANCE OF 16,000,000 NEW ORDINARY SHARES IN ELSOFT ("CONSIDERATION SHARE(S)") AT AN ISSUE PRICE OF RM0.60 PER CONSIDERATION SHARE ("PROPOSED ACQUISITION")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 52 1
No. of Shares 475,686,318 480
% of Voted Shares 99.9999 0.0001
Result Accepted

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