[ORGABIO] EGM on 09-Jan-2025

Stock
[ORGABIO]: ORGABIO HOLDINGS BERHAD
Announcement Date
13-Dec-2024
Reference No.
GMA-12122024-00005
Corporate Action ID
MY241212MEET0004
Type
EGM
Date & Time
09-Jan-2025 10:00
Depositor Date
02-Jan-2025
Venue
Lot 27600 Jalan Helium, Kawasan Perindustrian Sungai Purun, Jalan Bangi Lama, 43500 Semenyih, Selangor Darul Ehsan
Description
Notice of Extraordinary General Meeting
Orgabio - Notice of EGM_Admin Guide_Proxy Form.pdf
Outcome

The Board of Directors of Orgabio Holdings Berhad (“Orgabio” or “the Company”) wishes to announce that all the resolutions set out in theNotice of Extraordinary General Meeting ("EGM") dated 16 December 2024 were duly passed by way of poll at the EGM of the Company held on 9 January 2025.

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

This announcement is dated 9 January 2025.

Voting Results

1. ORDINARY RESOLUTION 1

Description 
PROPOSED BONUS ISSUE OF UP TO 61,967,000 FREE WARRANTS IN ORGABIO ("WARRANT(S)") ON THE BASIS OF 1 WARRANT FOR EVERY 4 EXISTING ORDINARY SHARES IN ORGABIO ("ORGABIO SHARE(S)" OR "SHARE(S)") HELD ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER ("ENTITLEMENT DATE") ("PROPOSED BONUS ISSUE OF WARRANTS")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 13 1
No. of Shares 148,174,699 200
% of Voted Shares 99.9999 0.0001
Result Accepted

2. ORDINARY RESOLUTION 2

Description 
PROPOSED ESTABLISHMENT OF AN EMPLOYEES' SHARE SCHEME ("ESS"), COMPRISING THE PROPOSED EMPLOYEES' SHARE OPTION SCHEME ("ESOS") ("PROPOSED ESOS") AND THE PROPOSED SHARE GRANT PLAN ("SGP") ("PROPOSED SGP"), OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES (EXCLUDING TREASURY SHARES, IF ANY) OF ORGABIO AT ANY POINT IN TIME DURING THE DURATION OF THE ESS ("PROPOSED ESS")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 10 0
No. of Shares 1,450,901 0
% of Voted Shares 100.0000 0.0000
Result Accepted

3. ORDINARY RESOLUTION 3

Description 
PROPOSED ALLOCATION OF AWARDS UNDER THE PROPOSED ESS TO EAN YONG HIAN WAH, EXECUTIVE CHARIMAN OF ORGABIO, PURSUANT TO THE PROPOSED ESS
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 9 1
No. of Shares 1,442,901 8,000
% of Voted Shares 99.4486 0.5514
Result Accepted

4. ORDINARY RESOLUTION 4

Description 
PROPOSED ALLOCATION OF AWARDS UNDER THE PROPOSED ESS TO DATO' EAN YONG TIN SIN, EXECUTIVE DEPUTY CHARIMAN OF ORGABIO, PURSUANT TO THE PROPOSED ESS
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 9 1
No. of Shares 1,442,901 8,000
% of Voted Shares 99.4486 0.5514
Result Accepted

5. ORDINARY RESOLUTION 5

Description 
PROPOSED ALLOCATION OF AWARDS UNDER THE PROPOSED ESS TO EAN YONG HIEN VOON, EXECUTIVE DIRECTOR/CHIEF EXECUTIVE OFFICER OF ORGABIO, PURSUANT TO THE PROPOSED ESS
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 9 1
No. of Shares 1,442,901 8,000
% of Voted Shares 99.4486 0.5514
Result Accepted

6. ORDINARY RESOLUTION 6

Description 
PROPOSED ALLOCATION OF AWARDS UNDER THE PROPOSED ESS TO EAN YONG HEN LOEN, EXECUTIVE DIRECTOR OF ORGABIO, PURSUANT TO THE PROPOSED ESS
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 9 1
No. of Shares 1,442,901 8,000
% of Voted Shares 99.4486 0.5514
Result Accepted

7. ORDINARY RESOLUTION 7

Description 
PROPOSED ALLOCATION OF AWARDS UNDER THE PROPOSED ESS TO EAN YONG SIK SIEW, CHIEF OPERATING OFFICER OF ORGABIO, PURSUANT TO THE PROPOSED ESS
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 9 1
No. of Shares 1,442,901 8,000
% of Voted Shares 99.4486 0.5514
Result Accepted

8. ORDINARY RESOLUTION 8

Description 
PROPOSED ALLOCATION OF AWARDS UNDER THE PROPOSED ESS TO EAN YONG HIEN CHAL, DIRECTOR OF ORGAPHARMA MARKETING SDN BHD AND ORGAPHARMA HERBAL MANUFACTURING SDN BHD, THE WHOLLY-OWNED SUBSIDIARIES OF ORGABIO, PURSUANT TO THE PROPOSED ESS
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 9 1
No. of Shares 1,442,901 8,000
% of Voted Shares 99.4486 0.5514
Result Accepted

9. ORDINARY RESOLUTION 9

Description 
PROPOSED ALLOCATION OF AWARDS UNDER THE PROPOSED ESS TO EAN YONG HAN KHIAN, DIRECTOR OF ORGAPHARMA MARKETING SDN BHD, A WHOLLY OWNED SUBSIDIARY OF ORGABIO, PURSUANT TO THE PROPOSED ESS
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 9 1
No. of Shares 142,901 8,000
% of Voted Shares 99.4486 0.5514
Result Accepted

Remark
-
Market Buzz

2025-01-09

Meeting Outcome

Extraordinary General Meeting on 09-Jan-2025.

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