GENERAL MEETINGS: Outcome of Meeting
| RUBBEREX CORPORATION (M) BERHAD |
| Type of Meeting | Extraordinary |
| Indicator | Outcome of Meeting |
| Date of Meeting | 31 Dec 2021 |
| Time | 10:00 AM |
| Venue(s) |
Online Meeting Platform at https://tiih.online or https://tiih.com.my (Domain registration number with MYNIC:D1A282781) Malaysia |
| Outcome of Meeting | The Board of Directors of Rubberex Corporation (M) Berhad (“the Company” or “Rubberex”) wishes to announce that the shareholders of the Company have approved all the resolutions set out in the Notice of Extraordinary General Meeting ("EGM") dated 16 December 2021 at the EGM of the Company held on 31 December 2021.
The resolutions were decided by way of poll voting at the EGM. The results of the poll were validated by Asia Securities Sdn Bhd, the Independent Scrutineer appointed by the Company.
Details of the poll results are as follows:- |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
Proposed Subscription of 200,000 new ordinary shares in Alliance Empire Sdn. Bhd. ("Alliance Empire"), representing 20% enlarged equity interest in Alliance Empire by Rubberex Corporation (M) Berhad ("Rubberex") for a subscription price of RM180.0 million to be fully satisfied by cash ("Proposed Subscription")
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 204 | 25 |
| No. of Shares | 307,606,896 | 223,579 |
| % of Voted Shares | 99.9274 | 0.0726 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
Proposed Diversification of the business activities of Rubberex and its subsidiaries into Property Investment including investment in shopping malls ("Proposed Diversification")
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 210 | 20 |
| No. of Shares | 307,661,196 | 170,179 |
| % of Voted Shares | 99.9447 | 0.0553 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | RUBBEREX CORPORATION (M) BERHAD |
| Stock Name | RUBEREX |
| Date Announced | 31 Dec 2021 |
| Category | General Meeting |
| Reference Number | GMA-31122021-00002 |
| Corporate Action ID | MY211231MEET0002 |