[BERTAM] EGM on 27-Dec-2023

Stock
[BERTAM]: BERTAM ALLIANCE BHD
Announcement Date
01-Dec-2023
Reference No.
GMA-30112023-00008
Corporate Action ID
MY231130MEET0008
Type
EGM
Date & Time
27-Dec-2023 09:00
Depositor Date
20-Dec-2023
Venue
Live streaming via online remote voting through Remote Participation and Voting (RPV) facilities hosted on the VirtualeAGM e-portal at www.vpoll.com.my (Domain Registration No. D1A457149) provided by Al Smartual Learning Sdn. Bhd.
Description
The Extraordinary General Meeting of the Company will be conducted on a fully virtual basis through an online meeting platform.
Bertam Notice of EGM with admin guide.pdf
Outcome

The Board of Directors of Bertam Alliance Berhad ("Bertam" or "Company") wishes to announce that all the resolutions set out in the Notice of the Extraordinary General Meeting (“EGM”) of the Company dated 4 December 2023 were duly passed by the shareholders of the Company by way of poll voting via www.vpoll.com.my as operated by AI Smartual Learning Sdn. Bhd. in Malaysia at the EGM held on 27 December 2023.

The results of the poll were validated by CSC Securities Services Sdn Bhd., the Independent Scrutineer appointed by the Company.

This announcement is dated 27 December 2023.

Voting Results

1. ORDINARY RESOLUTION 1

Description 
PROPOSED ISSUANCE OF 74,431,000 NEW ORDINARY SHARES IN BERTAM ALLIANCE BERHAD ("BERTAM") ("BERTAM SHARES") ("SUBSCRIPTION SHARES") TO RICHARD LING DO NYEAN AND LAW NGIA MENG  AT A SUBSCRIPTION PRICE OF RM0.075 PER SUBSCRIPTION SHARE ("PROPOSED SHARES ISSUANCE")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 34 2
No. of Shares 108,916,447 200
% of Voted Shares 99.9998 0.0002
Result Accepted

2. SPECIAL RESOLUTION

Description 
PROPOSED REDUCTION OF RM90.00 MILLION OF THE ISSUED SHARE CAPITAL OF BERTAM PURSUANT TO SECTION 116 OF COMPANIES ACT 2016 ("PROPOSED SHARE CAPITAL REDUCTION")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 34 2
No. of Shares 108,916,347 300
% of Voted Shares 99.9997 0.0003
Result Accepted

3. ORDINARY RESOLUTION 2

Description 
PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 161,268,748 NEW BERTAM SHARES ("RIGHTS SHARES") ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 2 EXISTING BERTAM SHARES HELD, TOGETHER WITH UP TO 161,268,748 FREE DETACHABLE WARRANTS IN BERTAM ("WARRANTS") ON THE BASIS OF 1 WARRANT FOR EVERY 1 RIGHTS SHARE SUBSCRIBED FOR ON AN ENTITLEMENT DATE TO DETERMINED AND ANNOUNCED LATER ("PROPOSED RIGHTS ISSUE OF SHARES WITH WARRANTS")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 34 2
No. of Shares 108,916,347 300
% of Voted Shares 99.9997 0.0003
Result Accepted

Remark
-
Market Buzz

2024-08-30

Forum

1 New Comment

2024-08-28

Quarter Result

Quarter Result on 30-Jun-2024[#2] QoQ - -65.05% YoY - -92.78%.

Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment