GENERAL MEETINGS: Outcome of Meeting
| ACOUSTECH BERHAD |
| Type of Meeting | Extraordinary |
| Indicator | Outcome of Meeting |
| Date of Meeting | 10 Jul 2020 |
| Time | 12:30 PM |
| Venue(s) |
Broadcast Venue Tricor Boardroom, Unit 30-01, Level 30 Tower A, Vertical Business Suite, Avenue 3, Bangsar South No. 8, Jalan Kerinchi, 59200 Kuala Lumpur Malaysia |
| Outcome of Meeting | The Board of Directors of Acoustech Berhad ("the Company") wishes to announce that all resolutions as set out in the Notice of the Extraordinary General Meeting (“EGM”) dated 11 June 2020 were duly passed at the Company's EGM held on 10 July 2020.
The resolutions were voted by poll and the results of the poll were verified by NS Leong, Low & Andy, Advocates & Solicitors, the Independent Scrutineer appointed by the Company.
The results of the poll is attached herewith.
This announcement is dated 10 July 2020. |
Voting Results |
||
1. Ordinary Resolution |
||
| Description |
Proposed Issuance of up to 800,000,000 New 2% Cumulative Redeemable Convertible Preference Shares in Acoustech at an Issue Price of RM0.10 each. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 18 | 0 |
| No. of Shares | 36,673,576 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
2. Ordinary Resolution |
||
| Description |
Proposed Bonus Issue of up to 97,211,700 Free Warrants in Acoustech on the basis of 1 Warrant for every 2 Existing Ordinary Shares in Acoustech held by Entitled Shareholders of Acoustech on an Entitlement Date to be determined and announced later. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 18 | 0 |
| No. of Shares | 36,673,576 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
3. Special Resolution |
||
| Description |
Proposed Amendments to the Constitution of the Company to Facilitate the Proposed Issuance of RCPS |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 18 | 0 |
| No. of Shares | 36,673,576 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | ACOUSTECH BERHAD |
| Stock Name | ACOSTEC |
| Date Announced | 10 Jul 2020 |
| Category | General Meeting |
| Reference Number | GMA-10072020-00010 |
| Corporate Action ID | MY200710MEET0010 |