GENERAL MEETINGS: Outcome of Meeting
| JENTAYU SUSTAINABLES BERHAD |
| Type of Meeting | Extraordinary |
| Indicator | Outcome of Meeting |
| Date of Meeting | 04 Dec 2025 |
| Time | 12:00 PM |
| Venue(s) |
Unit 25-01, Level 25, Menara FELDA No. 11 Persiaran KLCC 50450 Kuala Lumpur Malaysia |
| Outcome of Meeting | The Board of Directors of Jentayu Sustainables Berhad (“JSB”) wishes to announce the details of the poll results of the Postponed Extraordinary General Meeting ("EGM") held on 4 December 2025 as set out below.
The voting in respect of the resolutions were carried out by way of poll via electronic voting and the results were validated by SKY Corporate Services Sdn. Bhd., the Independent Scrutineer appointed by JSB.
This announcement is dated 4 December 2025. |
Voting Results |
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1. ORDINARY RESOLUTION 1 |
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| Description |
Proposed Private Placement of up to 20% of the total number of issued shares of JSB to third party investor(s) to be identified later at an issue price to be determined later ("Proposed Private Placement")
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 115 | 73 |
| No. of Shares | 192,712,484 | 153,818,200 |
| % of Voted Shares | 55.6120 | 44.3880 |
| Result | Accepted | |
2. ORDINARY RESOLUTION 2 |
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| Description |
Proposed acquisition of 51% equity interest in Jentayu Solar Sdn Bhd ("Jentayu Solar") from Jentayu Capital Sdn Bhd ("Jentayu Capital"), for a purchase consideration of RM5.87 million, to be satisfied wholly via set-off arrangement, together with the proposed acquisition of the remaining 49% equity interest in Jentayu Solar via the exercise of a call option pursuant to a call option deed entered into with Seri Panglima Holdings Sdn Bhd ("Seri Panglima") for a purchase consideration of RM5.64 million ("Call Option Deed") (collectively, the "Proposed Acquisition")
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 112 | 73 |
| No. of Shares | 100,863,326 | 153,818,200 |
| % of Voted Shares | 39.6037 | 60.3963 |
| Result | Rejected | |
3. ORDINARY RESOLUTION 3 |
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| Description |
Proposed variation to the utilisation of the proceeds raised from the Company's rights issue exercise that was completed on 3 March 2022 ("Rights Issue 2022") ("Proposed Variation")
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 112 | 73 |
| No. of Shares | 100,863,326 | 153,818,200 |
| % of Voted Shares | 39.6037 | 60.3963 |
| Result | Rejected | |
Please refer attachment below.
Announcement Info
| Company Name | JENTAYU SUSTAINABLES BERHAD |
| Stock Name | JSB |
| Date Announced | 04 Dec 2025 |
| Category | General Meeting |
| Reference Number | GMA-04122025-00008 |
| Corporate Action ID | MY251204MEET0008 |