BKAWAN

21.000

(%)

GENERAL MEETINGS: Outcome of Meeting

BATU KAWAN BERHAD

Type of Meeting Extraordinary
Indicator Outcome of Meeting
Date of Meeting 05 Aug 2026
Time 10:00 AM

Venue(s) 
Conference Hall, Ground Floor,

Wisma Taiko, No. 1, Jalan S.P. Seenivasagam,

30000 Ipoh,

Perak Darul Ridzuan

Malaysia

Outcome of Meeting

The Board of Directors of Batu Kawan Berhad ("BKB") is pleased to announce that at the Extraordinary General Meeting ("EGM") of BKB held today, the resolution as set out in the Notice of EGM dated 20 July 2026, was duly passed by the shareholders of BKB.

 

The voting in respect of the resolution was carried out by way of a poll and the results were validated by Scrutineer Solutions Sdn. Bhd., the independent scrutineer appointed by BKB. Details of the polling results are set out below:

Voting Results

1. Ordinary Resolution

Description 
(I) PROPOSED ACQUISITION BY WHITMORE HOLDINGS SDN BHD ("WHITMORE"), A WHOLLY-OWNED SUBSIDIARY OF BKB, OF AN AGGREGATE OF 104,433,373 ORDINARY SHARES IN MKH BERHAD ("MKH") ("MKH SALE SHARES"), REPRESENTING 18.1% EQUITY INTEREST IN MKH (EXCLUDING TREASURY SHARES), FOR A TOTAL CASH CONSIDERATION OF RM208.9 MILLION OR RM2.00 PER MKH SALE SHARE ("PROPOSED MKH ACQUISITION"); (II) PROPOSED CONDITIONAL MANDATORY TAKE-OVER OFFER ("MO") FOR THE REMAINING VOTING SHARES IN MKH NOT ALREADY OWNED BY WHITMORE AND BKB ("MKH OFFER SHARES") AFTER THE PROPOSED MKH ACQUISITION FOR A CASH CONSIDERATION OF RM2.00 PER MKH OFFER SHARE ("PROPOSED MO"); AND (III) POSSIBLE MO FOR THE REMAINING VOTING SHARES IN MKH OIL PALM (EAST KALIMANTAN) BERHAD ("MKHOP") NOT ALREADY OWNED BY WHITMORE, BKB, PERSONS ACTING IN CONCERT WITH THEM, METRO KAJANG (OVERSEA) SDN BHD, MKH PLANTATION SDN BHD AND MAHA USAHA SDN BHD ("MKHOP OFFER SHARES") AFTER THE PROPOSED MO FOR A CASH CONSIDERATION OF RM0.6626 PER MKHOP OFFER SHARE
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 96 4
No. of Shares 315,367,744 3,202
% of Voted Shares 99.9990 0.0010
Result Accepted



Please refer attachment below.

Attachments

BKB Polling Result for EGM.pdf
1.1 MB



Announcement Info

Company Name BATU KAWAN BERHAD
Stock Name BKAWAN
Date Announced 05 Aug 2026
Category General Meeting
Reference Number GMA-21072026-00004
Corporate Action ID MY260721MEET0004


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