[HARNLEN] EGM on 05-Nov-2024

Stock
[HARNLEN]: HARN LEN CORPORATION BHD
Announcement Date
11-Oct-2024
Reference No.
GMA-10102024-00004
Corporate Action ID
MY241010MEET0004
Type
EGM
Date & Time
05-Nov-2024 10:00
Depositor Date
28-Oct-2024
Venue
Merdeka Hall, Ground Floor, Johor Tower 15 Jalan Gereja 80100 Johor Bahru Johor
Description
NOTICE OF EXTRAORDINARY GENERAL MEETING OF HARN LEN CORPORATION BHD ("HLCB" OR THE "COMPANY") - PROPOSED ACQUISITION; AND - PROPOSED AMENDMENT
HLCB-Notice of EGM_Admin Guide_Form of Proxy.pdf
Outcome

On behalf of the Board of Directors of Harn Len Corporation Bhd("HLCB" or "Company"), Malacca Securities Sdn Bhdwishes to announce that the shareholders of HLCB had approved all the resolutions set out in the Notice of Extraordinary General Meeting ("EGM") of the Company dated 14 October 2024 at the EGM of the Company held on 5 November 2024.

All the resolutions were passed by a way of poll and the results of the poll were validated by Aldpro Corporate Services Sdn. Bhd., the Independent Scrutineer appointed by the Company.

This announcement is dated 5 November 2024.

Voting Results

1. ORDINARY RESOLUTION

Description 
PROPOSED ACQUISITION OF 100,000 ORDINARY SHARES IN TIGER AQUACULTURE SDN BHD ("TASB"), REPRESENTING THE ENTIRE EQUITY INTEREST IN TASB FROM MOHAMED NIZAM BIN MOHAMED JAKEL FOR A TOTAL PURCHASE CONSIDERATION OF RM42,500,000, TO BE SATISFIED VIA ISSUANCE OF 47,222,222 NEW ORDINARY SHARES IN HLCB ("CONSIDERATION SHARES") AT AN ISSUE PRICE OF RM0.45 PER CONSIDERATION SHARE AND 47,222,222 NEW REDEEMABLE CONVERTIBLE PREFERENCE SHARES IN HLCB ("RCPS A") AT AN ISSUE PRICE OF RM0.45 PER RCPS A ("PROPOSED ACQUISITION")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 29 0
No. of Shares 287,227,694 0
% of Voted Shares 100.0000 0.0000
Result Accepted

2. SPECIAL RESOLUTION

Description 
PROPOSED AMENDMENT TO THE CONSTITUTION OF HLCB TO FACILITATE THE ISSUANCE OF THE RCPS A PURSUANT TO THE PROPOSED ACQUISITION ("PROPOSED AMENDMENT")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 29 0
No. of Shares 287,227,694 0
% of Voted Shares 100.0000 0.0000
Result Accepted

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