EASTLND

0.145

(%)

GENERAL MEETINGS: Outcome of Meeting

EASTLAND EQUITY BHD

Type of Meeting Extraordinary
Indicator Outcome of Meeting
Date of Meeting 03 Mar 2021
Time 11:00 AM

Venue(s)
Broadcast venue at:

12th Floor, Menara Symphony

No. 5, Jalan Prof. Khoo Kay Kim, Seksyen 13

46200, Petaling Jaya, Selangor Darul Ehsan

Malaysia

Outcome of Meeting

Reference is made to the announcements in relation to the Proposed Debt Settlement dated 26 November 2020, 30 November 2020, 21 January 2021 and 10 February 2021  ("Earlier Announcements”), the Circular dated 11 February 2021, and the announcement dated 1 March 2021 ("Termination Announcement").

 

With reference to the Termination Announcement, the Board of Directors of Eastland Equity Bhd. ("Company") wishes to announce that the resolution as prescribed in the Notice of Extraordinary General Meeting ("EGM") of the Company dated 11 February 2021 was not put forward for voting.


This announcement is dated 3 March 2021. 


Voting Results


1. ORDINARY RESOLUTION

Description
PROPOSED SETTLEMENT OF RM10,990,000 DEBTS OWING TO LEE CHEE KIANG, ITS MANAGING DIRECTOR, VIA THE ISSUANCE OF 104,966,571 NEW ORDINARY SHARES IN EASTLAND EQUITY BHD. ("EASTLAND SHARES") AT AN ISSUE PRICE OF RM0.1047 PER SHARE ("PROPOSED DEBT SETTLEMENT")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 0 0
No. of Shares 0 0
% of Voted Shares 0.0000 0.0000
Result Withdrawn/ Postponed






Announcement Info

Company Name EASTLAND EQUITY BHD
Stock Name EASTLND
Date Announced 03 Mar 2021
Category General Meeting
Reference Number GMA-02032021-00002
Corporate Action ID MY210302MEET0002