[RL] EGM on 09-Jun-2023

Stock
[RL]: RESERVOIR LINK ENERGY BHD
Announcement Date
24-May-2023
Reference No.
GMA-24052023-00022
Corporate Action ID
MY230524MEET0020
Type
EGM
Date & Time
09-Jun-2023 10:00
Depositor Date
31-May-2023
Venue
Live streaming and online remote voting via online meeting platform at,https://meeting.boardroomlimited.my,(Domain Registration No. with MYNIC - D6A357657),MY
Description
RESERVOIR LINK ENERGY BHD - NOTICE OF MEETING OF MEMBERS
RLEB Notice of Meeting of Members and Administrative Guide.pdf
Outcome

The Board of Directors of Reservoir Link Energy Bhd ("RLEB" or "the Company") wished to announce that at the Meeting of Members of the Company held on 9June 2023, the resolutionas set out in the Notice of Meeting dated 25 May 2023 wasduly passed by the shareholders by way of poll.

The resultof the poll wasduly verified by SKY Corporate Services Sdn. Bhd., the independent Scrutineer appointed by the Company. Details of the resultof the poll areset out below.

This announcement is dated 9June 2023.

Voting Results

1. ORDINARY RESOLUTION 1

Description 
PROPOSED DIVERSIFICATION OF THE EXISTING BUSINESS ACTIVITIES OF THE COMPANY AND ITS SUBSIDIARIES TO INCLUDE THE PROVISION OF WASTEWATER TREATMENT SERVICES AS WELL AS THE ENGINEERING, PROCUREMENT, CONSTRUCTION AND COMMISSIONING OF WASTEWATER TREATMENT PLANT AND RELATED INFRASTRUCTURE ("PROPOSED DIVERSIFICATION")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 22 6
No. of Shares 70,222,140 6,111
% of Voted Shares 99.9913 0.0087
Result Accepted

2. ORDINARY RESOLUTION 2

Description 
PROPOSED PRIVATE PLACEMENT OF UP TO 86,713,500 NEW ORDINARY SHARES IN RLEB ("RLEB SHARES" OR "SHARES") REPRESENTING NOT MORE THAN 30% OF THE TOTAL NUMBER OF ISSUED SHARES OF THE COMPANY (EXCLUDING TREASURY SHARES) TO INDEPENDENT THIRD-PARTY INVESTORS TO BE IDENTIFIED LATER AND AT AN ISSUE PRICE TO BE DETERMINED LATER ("PROPOSED PRIVATE PLACEMENT")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 19 9
No. of Shares 70,214,040 14,211
% of Voted Shares 99.9798 0.0202
Result Accepted

3. ORDINARY RESOLUTION 3

Description 
PROPOSED WAIVER OF STATUTORY PRE-EMPTIVE RIGHTS OF THE SHAREHOLDERS ("PROPOSED WAIVER")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 21 7
No. of Shares 70,220,240 8,011
% of Voted Shares 99.9886 0.0114
Result Accepted

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