KRONO

0.340

-0.005 (-1.4%)

GENERAL MEETINGS: Outcome of Meeting

KRONOLOGI ASIA BERHAD

Type of Meeting Extraordinary
Indicator Outcome of Meeting
Date of Meeting 23 Jul 2021
Time 10:00 AM

Venue(s) 
TIIH Online website at https://tiih.online or https://tiih.com.my

(Domain registration number with MYNIC: D1A282781)

provided by Tricor Investor & Issuing House Services Sdn. Bhd.

Malaysia

Outcome of Meeting 
The Board of Directors of Kronologi Asia Berhad (“the Company”) is pleased to announce that the resolution as prescribed in the Notice of Extraordinary General Meeting (“EGM”) of the Company dated 8 July 2021 was duly passed by the shareholders of the Company by way of poll via remote participation and voting at the EGM of the Company. 

The result of the poll was validated by Coopers Professional Scrutineers Sdn. Bhd., the independent scrutineer appointed by the Company. 

Please refer to the attachment for the details of the outcome. 

This announcement is dated 23 July 2021.

Voting Results

1. ORDINARY RESOLUTION 1

Description 
PROPOSED ACQUISITION BY KAB OF THE REMAINING 83.33% EQUITY INTEREST IN QUANTUM CHINA LIMITED ("QCL"), COMPRISING 100 ORDINARY SHARES OF USD 1 EACH IN QCL ("SALE SHARES") FROM LAVENDER BLOOMS INVESTMENTS LIMITED FOR A PURCHASE CONSIDERATION OF UP TO RM150,000,000, TO BE SATISFIED VIA A COMBINATION OF CASH PAYMENT OF UP TO RM75,000,000 AND THE ALLOTMENT AND ISSUANCE OF UP TO 110,294,117 NEW ORDINARY SHARES IN KAB ("CONSIDERATION SHARES") AT THE ISSUE PRICE OF RM0.68 PER CONSIDERATION SHARE
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 79 11
No. of Shares 232,765,857 2,410,422
% of Voted Shares 98.9751 1.0249
Result Accepted



Please refer attachment below.

Attachments

Kronologi - Poll Results (EGM).pdf
106.0 kB



Announcement Info

Company Name KRONOLOGI ASIA BERHAD
Stock Name KRONO
Date Announced 23 Jul 2021
Category General Meeting
Reference Number GMA-21072021-00003
Corporate Action ID MY210721MEET0003


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