[M&A] Extraordinary on 14-Jul-2020

Stock
[M&A]: M & A EQUITY HOLDINGS BERHAD
Announcement Date
26-Jun-2020
Type
Extraordinary
Date & Time
14-Jul-2020 10:00
Depositor Date
07-Jul-2020
Venue
Broadcast Venue Meeting Room, No. 1, Block C, Jalan Indah 2/6 Taman Indah, Batu 11 Cheras 43200 Selangor
Description
The Extraordinary General Meeting of the Company will be conducted on a fully virtual basis through live streaming from the Broadcast Venue.
SYF_Notice of EGM and Administrative Guide.pdf
Outcome

The Board of Directors of SYF ResourcesBerhad (“SYF” or the “Company”) is pleased to announce that the ordinary resolutionas set out in the Notice of the Extraordinary General Meeting ("EGM")of the Company dated 29 June2020 wasduly passed by the shareholders of the Companyat the EGM held today, 14 July 2020.

The resolution was voted by poll via Remote Participation and Voting facilities and the results werevalidated by Asia SecuritiesSdn. Bhd., the independent Scrutineer appointed by the Company.


This announcement is dated 14 July2020.

Voting Results

1. ORDINARY RESOLUTION

Description 
PROPOSED SUBSCRIPTION BY SYF DEVELOPMENT SDN BHD ("SYFD"), AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF SYF RESOURCES BERHAD, OF 12,000,000 NEW ORDINARY SHARES IN DARUL MAJUMAS SDN BHD ("DARUL MAJUMAS"), REPRESENTING 75% OF THE ENLARGED ISSUED SHARE CAPITAL IN DARUL MAJUMAS FOR A CASH CONSIDERATION OF RM1,500,000 ("PROPOSED SUBSCRIPTION")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 24 3
No. of Shares 55,924,400 9,800
% of Voted Shares 99.9820 0.0180
Result Accepted

Remark
-
Discussions
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ssdn02

Good news or bad news from this counter? Anyone?

2020-07-15 17:38

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