MTRONIC

0.015

(%)

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


1. Ordinary Resolution 1

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

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

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