GENERAL MEETINGS: Outcome of Meeting
| XIDELANG HOLDINGS LTD |
| Type of Meeting | Special |
| Indicator | Outcome of Meeting |
| Date of Meeting | 03 Sep 2020 |
| Time | 10:00 AM |
| 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 Xidelang Holdings Ltd ("Xidelang") is pleased to announce that the special and ordinary resolutions as set out in the Notice of the Special General Meeting ("SGM") of Xidelang dated 12 August 2020 were duly passed by the shareholders of Xidelang at the SGM held today.
The voting in respect of the resolutions were carried out by way of a poll and the results of the poll were validated by Asia Securities Sdn Berhad, the Independent Scrutineer appointed by Xidelang.
The results of the poll of the SGM of Xidelang is attached herewith.
This announcement is dated 3 September 2020. |
Voting Results |
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1. Special |
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| Description |
Proposed Par Value Reduction via Cancellation of USD0.039 of the Par Value of Every Issued and Unissued Share of XDL of USD0.04 Pursuant to Sections 45 and 46 of the Companies Act 1981 of Bermuda |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 56 | 14 |
| No. of Shares | 117,458,920 | 1,510,072 |
| % of Voted Shares | 98.7307 | 1.2693 |
| Result | Accepted | |
2. Ordinary |
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| Description |
Proposed Establishment of an Employees' Share Option Scheme Involving up to 15% of the Total Number of Issued Shares of XDL (Excluding Treasury Shares, If Any) for Eligible Directors and Employees of XDL and its Subsidiaries |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 57 | 15 |
| No. of Shares | 116,433,320 | 2,573,672 |
| % of Voted Shares | 97.8374 | 2.1626 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | XIDELANG HOLDINGS LTD |
| Stock Name | XDL |
| Date Announced | 03 Sep 2020 |
| Category | General Meeting |
| Reference Number | GMA-03092020-00007 |
| Corporate Action ID | MY200903MEET0007 |