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 |
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1. 1. Ordinary Resolution |
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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 |
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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 |
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Description |
Proposed Amendments to the Constitution of the Company |
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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 |