CITAGLB

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GENERAL MEETINGS: Outcome of Meeting

WZ SATU BERHAD

Type of Meeting Extraordinary
Indicator Outcome of Meeting
Date of Meeting 04 Aug 2020
Time 10:30 AM

Venue(s)
Grand Ballroom, Level 1, Zenith Putrajaya,

No. 1, Jalan P2A, Presint 2,

62100 Putrajaya,

Wilayah Persekutuan Putrajaya

Malaysia

Outcome of Meeting

The Board of Directors of WZ Satu Berhad ("the Company") is pleased to announce that all resolutions as set out in the Notice of the postponed Extraordinary General Meeting (“EGM”) of the Company dated 13 July 2020 were duly passed by the shareholders of the Company at the EGM held today.

All the resolutions were voted by way of a poll and the results of the poll were validated by Commercial Quest Sdn. Bhd., the independent scrutineer appointed by the Company.

Details of the said results of the poll are set out below.

This announcement is dated 4 August 2020.


Voting Results


1. 1. Ordinary Resolution

Description
Proposed Renounceable Rights Issue of Irredeemable Convertible Preference Shares ("ICPS") in WZ Satu Berhad ("WZ Satu") together with free detachable warrants in WZ Satu ("Warrants B") to the entitled shareholders of WZ Satu at an issue price and entitlement basis to be determined and announced later to raise indicative gross proceeds of up to approximately RM70.7 million 
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 16 0
No. of Shares 177,172,934 0
% of Voted Shares 100.0000 0.0000
Result Accepted

2. 2. Special Resolution

Description
Proposed Amendments to the Constitution of the Company 
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 15 1
No. of Shares 177,164,834 8,100
% of Voted Shares 99.9954 0.0046
Result Accepted






Announcement Info

Company Name WZ SATU BERHAD
Stock Name WZSATU
Date Announced 04 Aug 2020
Category General Meeting
Reference Number GMA-03082020-00011
Corporate Action ID MY200803MEET0010