LYC

0.185

+0.005 (+2.8%)

GENERAL MEETINGS: Notice of Meeting

LYC HEALTHCARE BERHAD

Type of Meeting Extraordinary
Indicator Notice of Meeting
Description
LYC HEALTHCARE BERHAD ("LYC")
- Notice of Extraordinary General Meeting
Date of Meeting 23 Jun 2022
Time 10:30 AM

Venue(s)
Dewan Berjaya, Bukit Kiara Equestrian & Country Resort,

Jalan Bukit Kiara, Off Jalan Damansara,

60000 Kuala Lumpur,

Malaysia

Date of General Meeting Record of Depositors 16 Jun 2022

Resolutions


1. Ordinary Resolution 1

Description
Proposed divestment by LYC Medicare Sdn Bhd, a wholly-owned subsidiary of LYC, of a 25% equity interest in LYC Medicare (Singapore) Pte Ltd ("LYC SG") to Kenanga Investors Berhad for a disposal consideration of SGD12,918,466
Shareholder’s Action For Voting

2. Ordinary Resolution 2

Description
Proposed establishment of an employees share grant plan of up to 5% of the total number of issued shares of LYC (excluding treasury shares, if any) at any point in time during the duration of the plan for eligible executive directors and employees of LYC and its subsidiaries (excluding subsidiaries which are dormant, if any)
Shareholder’s Action For Voting

3. Ordinary Resolution 3

Description
Proposed allocation of share grants to Sui Diong Hoe, the Managing Director cum Group Chief Executive Officer of LYC
Shareholder’s Action For Voting

4. Ordinary Resolution 4

Description
Proposed private placement of up to 30% of the total number of issued shares of LYC at an issue price to be determined and announced later, to the following parties:-
(a) allocation to third party investor(s) where such investor(s) shall be person(s) who/ which qualify under Schedules 6 and 7 of the Capital Markets and Services Act 2007; and
(b) allocation to Lim Yin Chow, Sui Diong Hoe and Ahmad Rafique bin Mat Tahir, pursuant to their respective undertaking to subscribe and/ or cause their nominee(s) to subscribe for a total of up to 95,000,000 new LYC shares which are not subscribed for or taken up by any third party investor(s)
Shareholder’s Action For Voting

5. Ordinary Resolution 5

Description
Proposed allocation to Lim Yin Chow pursuant to his undertaking to subscribe and/ or cause his nominee(s) to subscribe for a total of up to 46,500,000 new LYC shares which are not subscribed for or taken up by any third party investor(s)
Shareholder’s Action For Voting

6. Ordinary Resolution 6

Description
Proposed allocation to Sui Diong Hoe pursuant to his undertaking to subscribe and/ or cause his nominee(s) to subscribe for a total of up to 37,000,000 new LYC shares which are not subscribed for or taken up by any third party investor(s)
Shareholder’s Action For Voting

7. Ordinary Resolution 7

Description
Proposed acquisition by LYC SG, an indirect wholly-owned subsidiary of LYC, of the remaining 49% equity interest in T&T Medical Group Pte Ltd for a purchase consideration OF SGD8,100,000
Shareholder’s Action For Voting

8. Ordinary Resolution 8

Description
Proposed acquisition by LYC SG, an indirect wholly-owned subsidiary of LYC, of the remaining 49% equity interest in HC Orthopaedic Surgery Pte Ltd for a purchase consideration of SGD9,163,000
Shareholder’s Action For Voting



Please refer attachment below.




Announcement Info

Company Name LYC HEALTHCARE BERHAD
Stock Name LYC
Date Announced 07 Jun 2022
Category General Meeting
Reference Number GMA-07062022-00006
Corporate Action ID MY220607MEET0006