GENERAL MEETINGS: Outcome of Meeting
| BERTAM ALLIANCE BERHAD |
| Type of Meeting | Extraordinary |
| Indicator | Outcome of Meeting |
| Date of Meeting | 27 Dec 2023 |
| Time | 09:00 AM |
| Venue(s) |
Live streaming via online remote voting through Remote Participation and Voting (RPV) facilities hosted on the VirtualeAGM e-portal at www.vpoll.com.my (Domain Registration No. D1A457149) provided by Al Smartual Learning Sdn. Bhd. Malaysia |
| Outcome of Meeting | The Board of Directors of Bertam Alliance Berhad ("Bertam" or "Company") wishes to announce that all the resolutions set out in the Notice of the Extraordinary General Meeting (“EGM”) of the Company dated 4 December 2023 were duly passed by the shareholders of the Company by way of poll voting via www.vpoll.com.my as operated by AI Smartual Learning Sdn. Bhd. in Malaysia at the EGM held on 27 December 2023.
The results of the poll were validated by CSC Securities Services Sdn Bhd., the Independent Scrutineer appointed by the Company.
This announcement is dated 27 December 2023. |
Voting Results |
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1. ORDINARY RESOLUTION 1 |
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| Description |
PROPOSED ISSUANCE OF 74,431,000 NEW ORDINARY SHARES IN BERTAM ALLIANCE BERHAD ("BERTAM") ("BERTAM SHARES") ("SUBSCRIPTION SHARES") TO RICHARD LING DO NYEAN AND LAW NGIA MENG AT A SUBSCRIPTION PRICE OF RM0.075 PER SUBSCRIPTION SHARE ("PROPOSED SHARES ISSUANCE")
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 34 | 2 |
| No. of Shares | 108,916,447 | 200 |
| % of Voted Shares | 99.9998 | 0.0002 |
| Result | Accepted | |
2. SPECIAL RESOLUTION |
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| Description |
PROPOSED REDUCTION OF RM90.00 MILLION OF THE ISSUED SHARE CAPITAL OF BERTAM PURSUANT TO SECTION 116 OF COMPANIES ACT 2016 ("PROPOSED SHARE CAPITAL REDUCTION")
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 34 | 2 |
| No. of Shares | 108,916,347 | 300 |
| % of Voted Shares | 99.9997 | 0.0003 |
| Result | Accepted | |
3. ORDINARY RESOLUTION 2 |
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| Description |
PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 161,268,748 NEW BERTAM SHARES ("RIGHTS SHARES") ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 2 EXISTING BERTAM SHARES HELD, TOGETHER WITH UP TO 161,268,748 FREE DETACHABLE WARRANTS IN BERTAM ("WARRANTS") ON THE BASIS OF 1 WARRANT FOR EVERY 1 RIGHTS SHARE SUBSCRIBED FOR ON AN ENTITLEMENT DATE TO DETERMINED AND ANNOUNCED LATER ("PROPOSED RIGHTS ISSUE OF SHARES WITH WARRANTS")
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 34 | 2 |
| No. of Shares | 108,916,347 | 300 |
| % of Voted Shares | 99.9997 | 0.0003 |
| Result | Accepted | |
Announcement Info
| Company Name | BERTAM ALLIANCE BERHAD |
| Stock Name | BERTAM |
| Date Announced | 27 Dec 2023 |
| Category | General Meeting |
| Reference Number | GMA-26122023-00008 |
| Corporate Action ID | MY231226MEET0008 |