BHIC

0.475

(%)

GENERAL MEETINGS: Outcome of Meeting

BOUSTEAD HEAVY INDUSTRIES CORPORATION BHD

Type of Meeting Extraordinary
Indicator Outcome of Meeting
Date of Meeting 24 Jun 2026
Time 02:30 PM

Venue(s) 
Mutiara Ballroom, Royale Chulan Damansara

2, Jalan PJU 7/3, Mutiara Damansara

47810 Petaling Jaya

Selangor

Malaysia

Outcome of Meeting

 

The Board of Directors of Boustead Heavy Industries Corporation Berhad ("Company") wishes to announce that the ordinary resolution as set out in the Notice of the Extraordinary General Meeting ("EGM") of the Company dated 8 June 2026 were duly passed by the shareholders at the EGM of the Company.

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The resolution was voted by poll and the results of the poll were validated by Scrutineer Solutions Sdn Bhd. the scrutineer appointed by the Company.


Please refer to the attachment for the poll results.

This announcement is dated 24 June 2026.

Voting Results

1. ORDINARY RESOLUTION

Description 
PROPOSED DISPOSAL BY BOUSTEAD PENANG SHIPYARD SDN BHD ("BPS"), A WHOLLY-OWNED SUBSIDIARY OF BOUSTEAD HEAVY INDUSTRIES CORPORATION BERHAD ("BHIC"), OF THREE (3) ADJOINING PARCELS OF MIXED INDUSTRIAL AND BUILDING LAND LEGALLY IDENTIFIED AS LOT NOS. 3222, 9777, AND 20238, TITLE NOS. PN 649, HSD 6981, AND HSM 3558, RESPECTIVELY, MUKIM OF 13, DISTRICT OF TIMOR LAUT, PULAU PINANG (COLLECTIVELY, THE "SUBJECT PROPERTIES"), TO KARYA KOPERAT SDN BHD ("KKSB") FOR A TOTAL DISPOSAL CONSIDERATION OF RM28.00 MILLION TO BE SATISFIED ENTIRELY VIA CASH ("PROPOSED DISPOSAL")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 241 20
No. of Shares 418,088,324 42,276
% of Voted Shares 99.9899 0.0101
Result Accepted



Please refer attachment below.

Attachments

BHIC EGM 24.06.2026 Polling Result.pdf
493.7 kB



Announcement Info

Company Name BOUSTEAD HEAVY INDUSTRIES CORPORATION BHD
Stock Name BHIC
Date Announced 24 Jun 2026
Category General Meeting
Reference Number GMA-24062026-00002
Corporate Action ID MY260624MEET0002


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