GENERAL MEETINGS: Outcome of Meeting
| ECM LIBRA GROUP BERHAD |
| Type of Meeting | Extraordinary |
| Indicator | Outcome of Meeting |
| Date of Meeting | 16 Dec 2025 |
| Time | 10:30 AM |
| Venue(s) |
The Chow Kit - an Ormond Hotel 1012 Jalan Sultan Ismail, Chow Kit 50100 Kuala Lumpur Malaysia |
| Outcome of Meeting | The Board of Directors of ECM Libra Group Berhad ("Company") wishes to announce that at the Extraordinary General Meeting ("EGM") held today, the shareholders of the Company had approved the ordinary resolution set out in the notice of EGM dated 1 December 2025 by way of poll. The results of the poll were validated by Quantegic Services Sdn Bhd, the Independent Scrutineer appointed by the Company.
Details of the results of the poll are set out below.
This announcement is dated 16 December 2025. |
Voting Results |
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1. Ordinary |
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| Description |
Proposed disposal of two (2) adjoining freehold land held under Geran 11256, No. Lot 348, and Geran 63526, No. Lot 426, both in Seksyen 15, Bandar George Town, Daerah Timor Laut, Pulau Pinang, together with an 11-storey hotel building erected thereon comprising 258 hotel rooms, bearing the postal address of No. 100, Jalan Burma, 10050 George Town, Pulau Pinang, Malaysia (collectively, the "Property") by ECML Hotels Sdn Bhd ("ECMLH"), a wholly-owned subsidiary of ECMLG, to Wealthpro Holdings Sdn Bhd ("WHSB"), for a total cash consideration of Ringgit Malaysia Fifty-One Million Eight Hundred Eighty-Eight Thousand (RM51,888,000.00) only ("Disposal Consideration") ("Proposed Disposal")
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 40 | 1 |
| No. of Shares | 299,470,927 | 15 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
Announcement Info
| Company Name | ECM LIBRA GROUP BERHAD |
| Stock Name | ECM |
| Date Announced | 16 Dec 2025 |
| Category | General Meeting |
| Reference Number | GMA-16122025-00009 |
| Corporate Action ID | MY251216MEET0009 |