Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
Goodway Integrated Industries Berhad ("Goodway" or the "Company")
Notice of Extraordinary General Meeting
Date of Meeting
06 Feb 2020
Time
10:00 AM
Venue(s)
Throne 2, Empire Hotel Subang
Empire Subang, Jalan SS16/1
47500 Subang Jaya
Selangor Darul Ehsan
Malaysia
Date of General Meeting Record of Depositors
30 Jan 2020
Resolutions
1. Ordinary Resolution 1
Description
PROPOSED PRIVATE PLACEMENT OF 30% OF THE TOTAL NUMBER OF ISSUED SHARES OF GOODWAY ("PROPOSED PRIVATE PLACEMENT")
Shareholder’s Action
For Voting
2. Ordinary Resolution 2
Description
PROPOSED SUBSCRIPTION OF 24,313,850 PLACEMENT SHARES ("SUBSCRIPTION SHARE(S)") AT AN ISSUE PRICE OF RM0.16 PER SUBSCRIPTION SHARE BY TAI QISHENG TO BE SATISFIED ENTIRELY VIA CASH ("PROPOSED SUBSCRIPTION")
Shareholder’s Action
For Voting
3. Ordinary Resolution 3
Description
PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 237,060,037 GOODWAY SHARES ("RIGHTS SHARE(S)") ON THE BASIS OF 3 RIGHTS SHARES FOR EVERY 2 EXISTING GOODWAY SHARES HELD, TOGETHER WITH UP TO 158,040,024 FREE DETACHABLE WARRANTS ("WARRANT(S)") ON THE BASIS OF 2 FREE WARRANTS FOR EVERY 3 RIGHTS SHARES SUBSCRIBED FOR, ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER ("PROPOSED RIGHTS ISSUE WITH WARRANTS")
Shareholder’s Action
For Voting
4. Ordinary Resolution 4
Description
PROPOSED DIVERSIFICATION OF THE EXISTING BUSINESS OF GOODWAY AND ITS SUBSIDIARIES ("GOODWAY GROUP" OR THE "GROUP") TO INCLUDE THE SUPPLY AND INSTALLATION OF MECHANICAL AND ENGINEERING PROCESS CONTROL AND AUTOMATION SYSTEMS ("PROPOSED DIVERSIFICATION")