GENERAL MEETINGS: Outcome of Meeting
METRONIC GLOBAL BERHAD |
Type of Meeting | Extraordinary |
Indicator | Outcome of Meeting |
Date of Meeting | 21 Mar 2022 |
Time | 10:00 AM |
Venue(s) |
Mlabs VGM platform operated by Mlabs Research Sdn Bhd at the broadcast venue at Lot 10.03, 10th Floor, Menara Lien Hoe, No. 8, Persiaran Tropicana, 47410 Petaling Jaya, Selangor Malaysia |
Outcome of Meeting |
The Board of Directors of Metronic Global Berhad ("Metronic" or "the Company") is pleased to announce that all resolutions as set out in the Notice of the Extraordinary General Meeting ("EGM") dated 25 February 2022 were passed by the shareholders of the Company at the EGM held today, 21 March 2022.
All the resolutions were voted by way of poll and the results of the poll were validated by Messrs KW Ng & Co., an independent scrutineer appointed by the Company.
This announcement is dated 21 March 2022. |
Voting Results |
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1. Ordinary Resolution 1 |
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Description |
PROPOSED DIVERSIFICATION OF THE EXISTING BUSINESS OF METRONIC AND ITS SUBSIDIARIES TO INCLUDE SOLAR ENERGY BUSINESS |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 24 | 5 |
No. of Shares | 442,887,050 | 51,362 |
% of Voted Shares | 99.9884 | 0.0116 |
Result | Accepted | |
2. Special Resolution |
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Description |
PROPOSED CONSOLIDATION OF EVERY 10 ORDINARY SHARES IN METRONIC INTO 1 SHARE ("CONSOLIDATED SHARE") |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 20 | 9 |
No. of Shares | 442,838,954 | 99,458 |
% of Voted Shares | 99.9775 | 0.0225 |
Result | Accepted | |
3. Ordinary Resolution 2 |
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Description |
PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,742,433,306 NEW SHARES ("RIGHTS SHARES") TOGETHER WITH UP TO 580,811,102 FREE DETACHABLE WARRANTS IN THE COMPANY ("WARRANTS B") ON THE BASIS OF 6 RIGHTS SHARES TOGETHER WITH 2 FREE WARRANTS B FOR EVERY 1 CONSOLIDATED SHARE HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY ON AN ENTITLEMENT DATE TO BE DETERMINED |
|
Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 20 | 9 |
No. of Shares | 442,838,954 | 99,458 |
% of Voted Shares | 99.9775 | 0.0225 |
Result | Accepted | |
Announcement Info
Company Name | METRONIC GLOBAL BERHAD |
Stock Name | MTRONIC |
Date Announced | 21 Mar 2022 |
Category | General Meeting |
Reference Number | GMA-21032022-00004 |
Corporate Action ID | MY220321MEET0004 |