Newsroom

General Meetings: Outcome Of Meeting

BackJul 16, 2021
Type of Meeting Extraordinary
Indicator Outcome of Meeting
Date of Meeting 16 Jul 2021
Time 10:30 AM
Venue(s) To be held on a fully virtual basis hosted on
Securities Services e-Portal at https://sshsb.net.my/ provided by
SS E Solutions Sdn. Bhd. at Level 7, Menara Milenium, Jalan Damanlela,
Pusat Bandar Damansara, Damansara Heights, 50490 Kuala Lumpur
Malaysia
Outcome of Meeting

The Board of Directors of VSTECS Berhad ("VSTECS" or "the Company") wishes to announce that the resolution as set out in the Notice of the Extraordinary General Meeting ("EGM") dated 1 July 2021 was duly passed at the EGM of the Company. 

The resolution was voted by poll and the result of the poll was validated by Commercial Quest Sdn. Bhd., the Independent Scrutineer appointed by the Company. The details of the poll result is set out below. 

This announcement is dated 16 July 2021.

Voting Results

1. Resolution 1
Description PROPOSED BONUS ISSUE OF UP TO 180,000,000 NEW ORDINARY SHARES IN VSTECS ("VSTECS SHARE(S)" OR "SHARE(S)") ("BONUS SHARE(S)") ON THE BASIS OF 1 BONUS SHARE FOR EVERY 1 EXISTING VSTECS SHARE HELD ON AN ENTITLEMENT DATE TO BE DETERMINED LATER ("PROPOSED BONUS ISSUE OF SHARES")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 93 2
No. of Shares 115,504,456 5,500
% of Voted Shares 99.9952 0.0048
Result Accepted

 

Announcement Info

Company Name VSTECS BERHAD
Stock Name VSTECS
Date Announced 16 Jul 2021
Category General Meeting
Reference Number GMA-15072021-00013
Corporate Action ID MY210715MEET0010