MERCURY

1.000

(%)

GENERAL MEETINGS: Notice of Meeting

Amended Announcements
Please refer to the earlier announcement reference number: GMA-30052022-00016

MERCURY INDUSTRIES BERHAD

Type of Meeting Extraordinary
Indicator Notice of Meeting
Description
MERCURY INDUSTRIES BERHAD ("MIB" OR THE "COMPANY") 
- NOTICE OF EXTRAORDINARY GENERAL MEETING ("EGM")
Date of Meeting 22 Jun 2022
Time 11:00 AM

Venue(s)
Lot G 50, Ground Floor, South City Plaza,

Persiaran Serdang Perdana,

Seksyen 1,

43300 Seri Kembangan, Selangor Darul Ehsan

Malaysia

Date of General Meeting Record of Depositors 15 Jun 2022

Resolutions


1. ORDINARY RESOLUTION 1

Description
PROPOSED ACQUISITION OF A PARCEL OF LAND LOCATED IN BANDAR SUNGAI BULOH, DAERAH GOMBAK, SELANGOR ("LAND") FOR A TOTAL CASH CONSIDERATION OF APPROXIMATELY RM23.5 MILLION ("PROPOSED LAND ACQUISITION")
Shareholder’s Action For Voting

2. ORDINARY RESOLUTION 2

Description
PROPOSED SHARES ISSUANCE OF UP TO 22,100,100 NEW ORDINARY SHARES IN MIB ("MIB SHARES") REPRESENTING 50.0% OF THE ISSUED SHARE CAPITAL OF MIB ("PROPOSED SHARES ISSUANCE")
Shareholder’s Action For Voting

3. ORDINARY RESOLUTION 3

Description
PROPOSED DIVERSIFICATION OF THE EXISTING CORE BUSINESS OF MIB AND ITS SUBSIDIARIES ("MIB GROUP") TO INCLUDE PROPERTY DEVELOPMENT ("PROPOSED DIVERSIFICATION")
Shareholder’s Action For Voting

4. ORDINARY RESOLUTION 4

Description
PROPOSED RENEWAL OF SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE ("PROPOSED RENEWAL OF SHAREHOLDERS' MANDATE")
Shareholder’s Action For Voting

5. ORDINARY RESOLUTION 5

Description
PROPOSED ALLOTMENT OF 11,050,050 MIB SHARES TO DATO' TIONG KWING HEE ("DATO TIONG"), THE MANAGING DIRECTOR OF MIB ("PROPOSED ALLOTMENT OF SHARES TO DATO TIONG")
Shareholder’s Action For Voting

6. SPECIAL RESOLUTION

Description
PROPOSED REDUCTION OF THE ISSUED SHARE CAPITAL OF MIB PURSUANT TO SECTION 116 OF THE COMPANIES ACT, 2016 ("ACT") ("PROPOSED SHARE CAPITAL REDUCTION")
Shareholder’s Action For Voting



Please refer attachment below.




Announcement Info

Company Name MERCURY INDUSTRIES BERHAD
Stock Name MERCURY
Date Announced 02 Jun 2022
Category General Meeting
Reference Number GMA-02062022-00006
Corporate Action ID MY220530MEET0016