[CHINHIN] Extraordinary on 15-Jul-2020

Stock
[CHINHIN]: CHIN HIN GROUP BERHAD
Announcement Date
28-May-2020
Type
Extraordinary
Date & Time
15-Jul-2020 10:30
Depositor Date
08-Jul-2020
Venue
Chin Hin Culture Centre No. F-0-1 and F-0-2, Pusat Perdagangan Kuchai No. 2, Jalan 1/127, Off Jalan Kuchai Lama 58200 Kuala Lumpur
Description
Notice of Extraordinary General Meeting The Notice of the Extraordinary General Meeting of Chin Hin Group Berhad dated 29 May 2020 is attached.
Chin Hin EGM.pdf
Outcome

M&A Securities Sdn Bhdon behalf of the Board of Directors of Chin Hin Group Berhad ("Company") wishes toannounce that the resolution tabled at the Company's Extraordinary General Meeting held earlier today was duly passed by poll voting.

The results were validated by Niche Unity Consultants Sdn Bhd, the Independent Scrutineer appointed by the Company.

Please refer to the attachment for the details of the poll results.

This announcement is dated 15 July 2020.

Voting Results

1. ORDINARY RESOLUTION 1

Description 
PROPOSED DISPOSAL OF THE ENTIRE EQUITY INTEREST IN ACE LOGISTIC SDN BHD BY METEX STEEL SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF CHIN HIN GROUP BERHAD, TO PP CHIN HIN REALTY SDN BHD FOR A CASH CONSIDERATION OF RM20,800,000
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 34 1
No. of Shares 51,763,801 1,000
% of Voted Shares 99.9980 0.0020
Result Accepted

2. ORDINARY RESOLUTION 2

Description 
PROPOSED DISPOSAL OF 11 UNITS OF SHOP OFFICES TOGETHER WITH 89 UNITS OF CAR PARKS LOCATED AT KUALA LUMPUR, 1 UNIT OF FACTORY LOCATED AT SHAH ALAM, SELANGOR AND 23 UNITS OF SHOP OFFICES LOCATED AT ALOR SETAR, KEDAH, BY PP CHIN HIN SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF CHIN HIN GROUP BERHAD, TO MIDAS SIGNATURE SDN BHD, FOR A TOTAL CASH CONSIDERATION OF RM55,650,000
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 34 1
No. of Shares 51,763,801 1,000
% of Voted Shares 9.9980 0.0020
Result Accepted

3. ORDINARY RESOLUTION 3

Description 
PROPOSED TENANCY OF PROPERTIES BY PP CHIN HIN SDN BHD FROM MIDAS SIGNATURE SDN BHD
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 34 1
No. of Shares 51,763,801 1,000
% of Voted Shares 99.9980 0.0020
Result Accepted

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