AME

1.750

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GENERAL MEETINGS: Outcome of Meeting

AME ELITE CONSORTIUM BERHAD

Type of Meeting Extraordinary
Indicator Outcome of Meeting
Date of Meeting 11 May 2022
Time 10:00 AM

Venue(s)
Remote Participation and Electronic Voting

Platform via https://meeting.boardroomlimited.my

(Domain Registration Number with MYNIC:

D6A357657)

Malaysia

Outcome of Meeting

The Board of Directors of AME Elite Consortium Berhad ("the Company") is pleased to announce that all the resolutions set out in the notice of the Extraordinary General Meeting ("EGM") dated 26 April 2022 were duly passed at the EGM held on 11 May 2022.

All resolutions tabled at the EGM were voted by poll and results of the poll were validated by the appointed Independent Scrutineer, M/s SKY Corporate Services Sdn. Bhd. Please refer to the attachment for the poll results validated by the scrutineer.


Voting Results


1. Ordinary Resolution 1

Description
PROPOSED DISPOSALS OF 31 INDUSTRIAL PROPERTIES AND 3 INDUSTRIAL-RELATED PROPERTIES (COLLECTIVELY SUBJECT PROPERTIES) BY 5 SUBSIDIARIES OF AME (VENDORS) INTO AME REAL ESTATE INVESTMENT TRUST (AME REIT), A REAL ESTATE INVESTMENT TRUST TO BE ESTABLISHED BY AME, THE SPONSOR, FOR A TOTAL CONSIDERATION OF RM557.0 MILLION TO BE SATISFIED VIA THE PROPOSED ISSUANCE OF 520.0 MILLION UNDIVIDED INTEREST IN AME REIT (CONSIDERATION UNITS OR UNITS) AND CASH CONSIDERATION OF RM37.0 MILLION (PROPOSED DISPOSALS)
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 85 1
No. of Shares 415,763,923 3
% of Voted Shares 99.9999 0.0001
Result Accepted

2. Ordinary Resolution 2

Description
PROPOSED OFFERING OF A TOTAL OF 254.8 MILLION CONSIDERATION UNITS BY AME'S SUBSIDIARIES, SUBJECT TO THE CLAWBACK AND REALLOCATION PROVISIONS (PROPOSED OFFERING)
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 83 3
No. of Shares 415,761,113 2,813
% of Voted Shares 99.9993 0.0007
Result Accepted

3. Ordinary Resolution 3

Description
PROPOSED ADMISSION OF AME REIT TO THE OFFICIAL LIST OF BURSA SECURITIES AND THE PROPOSED LISTING OF AND QUOTATION FOR 520.0 MILLION UNITS ON THE MAIN MARKET OF BURSA SECURITIES (PROPOSED LISTING)
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 85 1
No. of Shares 415,763,923 3
% of Voted Shares 99.9999 0.0001
Result Accepted



Please refer attachment below.

Attachments

EGM Poll Results.pdf
16.5 kB




Announcement Info

Company Name AME ELITE CONSORTIUM BERHAD
Stock Name AME
Date Announced 11 May 2022
Category General Meeting
Reference Number GMA-11052022-00001
Corporate Action ID MY220511MEET0001