ABLEGLOB

1.750

-0.01 (-0.6%)

GENERAL MEETINGS: Outcome of Meeting

ABLE GLOBAL BERHAD

Type of Meeting Extraordinary
Indicator Outcome of Meeting
Date of Meeting 28 Sep 2021
Time 10:00 AM

Venue(s)
Online meeting platform provided by

Tricor Investor & Issuing House Services Sdn. Bhd.

at https://tiih.online

Malaysia

Outcome of Meeting

The Board of Directors of Able Global Berhad ("AGB") is pleased to inform that at the Extraordinary General Meeting ("EGM") of AGB held on Tuesday, 28 September 2021, the shareholders of AGB had approved Ordinary Resolution 1 as set out in the Notice of EGM by way of poll.

 

The results of the poll were duly validated by Asia Securities Sdn Berhad, the Independent Scrutineer appointed by AGB.

 

Details of the results of the poll are set out below.

 

This annoucement is dated 28 September 2021.


Voting Results


1. Ordinary Resolution 1

Description
PROPOSED ACQUISITION BY AGB THROUGH ITS WHOLLY OWNED SUBSIDIARIES NAMELY ABLE DAIRIES SDN. BHD. ("ADSB"), UNICAN INDUSTRIES SDN. BHD. ("UISB"), AND ABLE DEVELOPMENT SDN. BHD. ("ASB") TO ACQUIRE A PIECE OF FREEHOLD LAND HELD UNDER GRN 252112 LOT 5049 MUKIM BANDAR, DAERAH KUALA LANGAT, SELANGOR MEASURING APPROXIMATELY 297.51 ACRES FROM PNB DEVELOPMENT SDN. BERHAD ("PDSB") FOR A TOTAL CASH CONSIDERATION OF APPROXIMATELY RM169.8 MILLION ("PROPOSED LAND ACQUISITION") AND PROPOSED DIVERSIFICATION OF AGB GROUPS EXISTING BUSINESSES TO INCLUDE PROPERTY DEVELOPMENT ("PROPOSED DIVERSIFICATION")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 102 16
No. of Shares 147,176,484 3,265,734
% of Voted Shares 97.8292 2.1708
Result Accepted






Announcement Info

Company Name ABLE GLOBAL BERHAD
Stock Name ABLEGLOB
Date Announced 28 Sep 2021
Category General Meeting
Reference Number GMA-27092021-00015
Corporate Action ID MY210927MEET0015