If you have a lot of shares after sell what you have if not cash?

Posted by Elitetrader > Mar 23, 2021 8:23 PM | Report Abuse
Errr...how u know got "so much cash?" Fund a mental analysis?

Share consolidate is tipu haha.

GENERAL MEETINGS: Outcome of Meeting
VIVOCOM INTL HOLDINGS BERHAD

Type of Meeting Extraordinary
Indicator Outcome of Meeting
Date of Meeting 23 Mar 2021
Time 11:00 AM

Venue(s) Broadcast Venue :-
No. 4, Jalan Seri Utara 1, Off Jalan Ipoh,
68100 Batu Caves, Kuala Lumpur,
Malaysia

Outcome of Meeting
The Board of Directors of VIVOCOM INTL HOLDINGS BERHAD (“the Company”) wishes to announce that all the Resolutions as set out in the Notice of the Extraordinary General Meeting (“EGM”), were duly passed by the shareholders of the Company at the EGM held on Tuesday, 23 March 2021.



The results were validated by Aegis Communication Sdn. Bhd., the Independent Scrutineer appointed by the Company.



Please refer below for the outcome of the EGM of the Company.



This announcement is dated 23 March 2021.


Voting Results

1. PROPOSED ACQUISITION
Description PROPOSED ACQUISITION BY VIVOCOM OF 113,535,000 ORDINARY SHARES IN V DEVELOPMENT SDN BHD (V DEVELOPMENT), REPRESENTING 45.0% EQUITY INTEREST IN V DEVELOPMENT, FROM DATO' SERI CHIA KOK TEONG (VENDOR) FOR A TOTAL PURCHASE CONSIDERATION OF RM171,000,000 TO BE SATISFIED VIA A COMBINATION OF CASH CONSIDERATION OF RM54,000,000, AND ISSUANCE AND ALLOTMENT OF 164,250,000 NEW ORDINARY SHARES IN VIVOCOM (VIVOCOM SHARE(S) OR SHARE(S)) (CONSIDERATION SHARE(S)) AT AN ISSUE PRICE OF RM0.40 PER CONSIDERATION SHARE, AND ISSUANCE AND ALLOTMENT OF UP TO 128,250,000 NEW IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES (ICPS) (CONSIDERATION ICPS) AT AN ISSUE PRICE OF RM0.40 PER CONSIDERATION ICPS (PROPOSED ACQUISITION)
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 38 2
No. of Shares 84,600,396 10,010
% of Voted Shares 99.9882 0.0118
Result Accepted

2. PROPOSED SUBSCRIPTION
Description PROPOSED SUBSCRIPTION OF 169,936,172 NEW VIVOCOM SHARES, REPRESENTING APPROXIMATELY 30.0% OF THE TOTAL NUMBER OF ISSUED VIVOCOM SHARES (SUBSCRIPTION SHARE(S)) AT THE SUBSCRIPTION PRICE OF RM0.35 PER SUBSCRIPTION SHARE (PROPOSED SUBSCRIPTION)
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 35 5
No. of Shares 84,576,852 33,554
% of Voted Shares 99.9603 0.0397
Result Accepted

3. PROPOSED CONSTITUTION AMENDMENT
Description PROPOSED AMENDMENT TO THE CONSTITUTION OF THE COMPANY TO FACILITATE THE IMPLEMENTATION OF THE PROPOSED ACQUISITION (PROPOSED CONSTITUTION AMENDMENT)
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 35 5
No. of Shares 84,576,852 33,554
% of Voted Shares 99.9603 0.0397
Result Accepted

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3141251

EGM not 1 shareholder approved but many why?

EGM why >99% approved? They bought at 90 sen?

Emergency allow PN to privatise Media?

Johari keep buying why?

Gocean, Saudee, AT not belong to Mak? Why must Fintec have JV when no gain?

Mak Siew Wei so many JV with Fintec why not interested?

Muhyiddin son/son in law why not interested? BOD lousy cannot promote?

7 sen so cheap why nobody want?

GE15 nearer; Felda will privatise higher price?

Fintec why no goreng? GOcean, Fintec not JV?

Sabah state very poor? Why not allow sand export to make them richer?

CCB(latest RM 2.4) got 2X offer to privatise why not FGV the same?

To save govn $ those accept RM 1.3 earlier cannot ask more $ if privatise later at higher price?

How abt GE15 date nearer Felda privatise remaining 19% at higher price?

RI use for good purpose?

RI let you buy cheap and free W?

1.3 forever cannot drop below price?

ECRL pass through Gombak(Vivo major property location) is PN govn contribution?

Widad boss is Malai how Vivo Chinese boss can fight? At least he can make Vivo QR not bad enough?

Sand export permit news why none mentioned?

Many here is real sharks?

Vaccination not today? Why drop?

OX year so far proven bull for Media. 61 sen CIMB TP by CNY Chap Goh Mei or this week?

No answer meaning true?

Hidup_PN I3 members buy from Robin Tan no need announcement?
10/02/2021 10:32 AM

If RM 1 imminent why drop and Azman bin Karim don't know?

nicholas99 just calm yourself. if they sign the deal RM1.00 is imminent. :) 9am spike up limit up. you no chance enter. if you dont enter now, later you enter higher price.
10/02/2021 10:02 AM

Azman bin Karim who? So many posting why nobody talk?

I3 members buy from Robin Tan no need announcement?

MMAG-VC no business synergy even same CSY as boss?

New courier service provider why not VC consider?

Retail open today those cannot wait must buy from CJ Wow?

Today Parkson open is it too late to buy shirt for CNY? The new CNY shirt you buy when you wear? Buy few days before CNY or after is it too late to buy?

If I operator I push up after you CL haha.

Govn cannot provide all M'sian govn jobs so Parkson do some ESG providing jobs?

Open earlier so qualify to claim wage subsidy?

Today Parkson open is it too late to buy shirt for CNY?

Before CNY any1 wear new shirt?

No wonder Reap88 always rip in investment.

TV untuk pendidikan boleh? Sekolah tutup pasal Covid19.

BPN 3.0 paid by FGV privatisation?

5.5-6 sen not Very Cantik?

Very Cantik not is green green?

BPN 3.0 no more? $ must use to privatise FGV? >1 billion FGV shares more must buy to delist?

50 sen by MCO 2.0 end or latest CNY?

MCO 2.0 tapi main saham di rumah can fight Covid19?

RM 7-8 coming soon?

MCO 2.0 but TG can operate 100%?

SS foreign funds get killed?