RANHILL

0.990

-0.02 (-2%)

GENERAL MEETINGS: Notice of Meeting

RANHILL UTILITIES BERHAD

Type of Meeting Extraordinary
Indicator Notice of Meeting
Description
RANHILL UTILITIES BERHAD
NOTICE OF EXTRAORDINARY GENERAL MEETING
Date of Meeting 28 Jun 2021
Time 03:00 PM

Venue(s)
Broadcast Venue at Tricor Business Centre

Gemilang Room, Unit 29-01, Level 29, Tower A

Vertical Business Suite, Avenue 3, Bangsar South

No. 8, Jalan Kerinchi, 59200 Kuala Lumpur

Malaysia

Date of General Meeting Record of Depositors 21 Jun 2021

Resolutions


1. ORDINARY RESOLUTION 1

Description
PROPOSED ACQUISITION BY RANHILL OF 100% EQUITY INTEREST IN RANHILL BERSEKUTU SDN BHD ("RBSB") FROM RANHILL BERHAD FOR A PURCHASE CONSIDERATION OF RM93,875,000 TO BE SETTLED BY ISSUANCE OF NEW ORDINARY SHARES IN RANHILL UTILITIES BERHAD ("RANHILL") ("PROPOSED RBSB ACQUISITION")
Shareholder’s Action For Voting

2. ORDINARY RESOLUTION 2

Description
PROPOSED ACQUISITION BY RANHILL OF 51% EQUITY INTEREST IN RANHILL WORLEY SDN BHD ("RWSB") FROM RANHILL GROUP SDN BHD FOR A PURCHASE CONSIDERATION OF RM117,956,625 TO BE SETTLED BY ISSUANCE OF NEW ORDINARY SHARES IN RANHILL ("PROPOSED RWSB ACQUISITION")
Shareholder’s Action For Voting

3. ORDINARY RESOLUTION 3

Description
PROPOSED DIVERSIFICATION OF THE BUSINESS ACTIVITIES OF RANHILL AND ITS SUBSIDIARIES TO INCLUDE THE BUSINESS OF INFRASTRUCTURE, CHEMICALS, RESOURCES AND ENERGY SUCH AS PROVISION OF ENGINEERING SERVICES AND PROJECT MANAGEMENT ("PROPOSED DIVERSIFICATION")
Shareholder’s Action For Voting

4. ORDINARY RESOLUTION 4

Description
PROPOSED EXEMPTION FOR TAN SRI HAMDAN MOHAMAD AND ANY OTHER PERSON ACTING IN CONCERT WITH TAN SRI HAMDAN MOHAMAD FROM THE OBLIGATION TO UNDERTAKE A MANDATORY TAKE-OVER OFFER TO ACQUIRE THE REMAINING ORDINARY SHARES IN RANHILL NOT ALREADY OWNED BY THEM UPON THE COMPLETION OF THE PROPOSED ACQUISITIONS ("PROPOSED EXEMPTION")
Shareholder’s Action For Voting



Please refer attachment below.




Announcement Info

Company Name RANHILL UTILITIES BERHAD
Stock Name RANHILL
Date Announced 11 Jun 2021
Category General Meeting
Reference Number GMA-11062021-00017
Corporate Action ID MY210611MEET0012