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Amended Announcements Please refer to the earlier announcement reference number: GMA-17062021-00016
GRAND HOOVER BERHAD
Type of Meeting
Extraordinary
Indicator
Notice of Meeting
Description
Notification to Shareholders on the Change in Venue of the Extraordinary General Meeting from Broadcast Venue to an Online Meeting Platform due to Full Movement Control Order
Date of Meeting
05 Jul 2021
Time
11:00 AM
Venue(s)
To be deemed held where the Chairman of the Meeting is in
Shah Alam, Selangor Darul Ehsan and on a fully virtual basis
hosted on Securities Services e-Portal at https://sshsb.net.my/
provided by SS E Solutions Sdn. Bhd.
Malaysia
Date of General Meeting Record of Depositors
28 Jun 2021
Resolutions
1. ORDINARY RESOLUTION 1
Description
PROPOSED DIVERSIFICATION OF GHB AND ITS SUBSIDIARIES' ("GHB GROUP") EXISTING CORE BUSINESS TO INCLUDE CONSTRUCTION AND CONSTRUCTION RELATED ACTIVITIES AS WELL AS PROPERTY DEVELOPMENT ACTIVITIES ("PROPOSED DIVERSIFICATION")
Shareholder’s Action
For Voting
2. ORDINARY RESOLUTION 2
Description
PROPOSED RENOUNCEABLE RIGHTS ISSUE OF 50,000,000 NEW ORDINARY SHARES IN GHB ("GHB SHARE(S)"OR "SHARE(S)") ("RIGHTS SHARE(S)") AT AN ISSUE PRICE OF RM0.60 PER RIGHTS SHARE ("ISSUE PRICE"), ON THE BASIS
OF 5 RIGHTS SHARES FOR EVERY 4 EXISTING GHB SHARES HELD BY THE ENTITLED SHAREHOLDERS OF GHB ON AN ENTITLEMENT DATE TO BE DETERMINED LATER ("ENTITLEMENT DATE")
Shareholder’s Action
For Voting
3. ORDINARY RESOLUTION 3
Description
PROPOSED NEW RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE ("RRPT(S)") EXPECTED TO BE ENTERED BETWEEN THE GHB GROUP WITH CERTAIN RELATED PARTIES FOLLOWING THE PROPOSED DIVERSIFICATION