YB

0.385

(%)

GENERAL MEETINGS: Outcome of Meeting

YB VENTURES BERHAD

Type of Meeting Extraordinary
Indicator Outcome of Meeting
Date of Meeting 20 May 2022
Time 11:00 AM

Venue(s)
Online Meeting Platform of Vote2U Online operated by Agmo Digital

Solutions Sdn. Bhd. in Malaysia via the link at https://web.vote2u.my

Malaysia

Outcome of Meeting

The Board of Directors of YB Ventures Berhad ("YBVB" or "the Company") is pleased to announce that resolution set out in the Notice of the Extraordinary General Meeting ("EGM") dated 22 April 2022 was passed by the shareholders of the Company voted by poll using Online Meeting Platform of Vote2U Online operated by Agmo Digital Solutions Sdn. Bhd. in Malaysia via the link at https://web.vote2u.my at the EGM held on 20 May 2022.


The results of the poll were validated by Aegis Communication Sdn. Bhd., an independent Scrutineer appointed by the Company.


This announcement is dated 20 May 2022.


Voting Results


1. Ordinary Resolution

Description
PROPOSED BONUS ISSUE OF UP TO 749,319,778 FREE WARRANTS IN YBVB ("WARRANTS") ON THE BASIS OF ONE (1) WARRANT FOR EVERY TWO (2) EXISTING ORDINARY SHARES IN YBVB ("YBVB SHARES") HELD ON AN ENTITLEMENT DATE TO BE DETERMINED LATER ("PROPOSED BONUS ISSUE OF WARRANTS")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 37 4
No. of Shares 105,928,997 285
% of Voted Shares 99.9997 0.0003
Result Accepted






Announcement Info

Company Name YB VENTURES BERHAD
Stock Name YB
Date Announced 20 May 2022
Category General Meeting
Reference Number GMA-20052022-00013
Corporate Action ID MY220520MEET0013