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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