[STRAITS] EGM on 30-May-2024
Announcement Date
14-May-2024
Reference No.
GMA-14052024-00010
Corporate Action ID
MY240514MEET0009
Type
EGM
Date & Time
30-May-2024 10:00
Depositor Date
20-May-2024
Venue
Online Meeting Platform
via TIIH Online at https://tiih.online
as provided by Tricor Investor & Issuing House Services Sdn. Bhd.
Description
Straits Energy Resources Berhad - Notice of Extraordinary General Meeting ("EGM") of the Company will be conducted on a fully virtual basis through live streaming and online voting using the Remote Participation and Voting facilities.
Strait Energy-Notice of EGM.pdf
Strait Energy-Notice of EGM.pdf
Outcome
The Board of Directors of Straits Energy Resources Berhad wishes toannouncethat the Ordinary Resolution 1and Ordinary Resolution 2 as set out in the Notice of the Extraordinary General Meeting ("EGM") dated 30 May 2024havebeenpassed by the shareholders at the EGM held today.
The voting in respect of the said resolutions werecarried out by way of poll and the results werevalidated by Asia Securities Sdn. Berhad, the independent scrutineer appointed by the Company.
Please refer to the attachment for the results of the poll as validated by the independent scrutineer.
This announcement is dated 30 May 2024.
Voting Results |
||
1. Ordinary Resolution 1 |
||
| Description |
PROPOSED ACQUISITION BY STRAITS MARINE FUELS & ENERGY SDN BHD (SMF OR THE PURCHASER), A WHOLLY-OWNED SUBSIDIARY OF TMD ENERGY LIMITED (TMDEL), WHICH IS A WHOLLY-OWNED SUBSIDIARY OF STRAITS, OF 4,500,000 ORDINARY SHARES IN TUMPUAN MEGAH DEVELOPMENT SDN BHD (TMD) (TMD SHARE(S)), REPRESENTING THE REMAINING 30% OF THE EQUITY INTEREST IN TMD, FROM DATO MOHD SUHAIMI BIN HASHIM (DATO SUHAIMI) AND GOO YONG SING (MR. GOO) HELD EQUALLY FOR A PURCHASE CONSIDERATION OF RM9,720,989 (EQUIVALENT TO USD2,085,557) TO BE SATISFIED ENTIRELY BY THE ISSUANCE OF 3,474,934 NEW ORDINARY SHARES IN TMDEL (TMDEL SHARE(S)) (PROPOSED ACQUISITION OF TMD) |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 706 | 63 |
| No. of Shares | 404,037,869 | 676,847 |
| % of Voted Shares | 99.8328 | 0.1672 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
||
| Description |
PROPOSED ACQUISITION BY SMF OF 49,000 ORDINARY SHARES IN STRAITS MARINE SERVICES PTE LTD (SMS) (SMS SHARE(S)), REPRESENTING THE REMAINING 49% OF THE EQUITY INTEREST IN SMS, FROM PLATINUM GATE CAPITAL PTE LTD (PLATINUM GATE OR THE SMS VENDOR) FOR A PURCHASE CONSIDERATION OF RM3,324,902 (EQUIVALENT TO USD713,330) TO BE SATISFIED ENTIRELY BY THE ISSUANCE OF 1,188,543 NEW TMDEL SHARES (PROPOSED ACQUISITION OF SMS) |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 703 | 64 |
| No. of Shares | 367,271,530 | 652,648 |
| % of Voted Shares | 99.8226 | 0.1774 |
| Result | Accepted | |
Remark
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Robert Waters
All those transactions are suspicious. They should transact oil as their business.
2024-05-30 18:57