LIONIND

0.285

-0.015 (-5%)

GENERAL MEETINGS: Outcome of Meeting

LION INDUSTRIES CORPORATION BERHAD

Type of Meeting Extraordinary
Indicator Outcome of Meeting
Date of Meeting 24 Nov 2022
Time 11:30 AM

Venue(s) 
Broadcast Venue, Meeting Hall, Level 16, Lion Office Tower

No. 1 Jalan Nagasari

50200 Kuala Lumpur

Wilayah Persekutuan

Malaysia

Outcome of Meeting

The Board of Directors of Lion Industries Corporation Berhad ("LICB") wishes to announce that the ordinary resolution set out in the Notice of Extraordinary General Meeting of LICB ("EGM") dated 9 November 2022 was duly passed by way of poll at the EGM held on 24 November 2022. The result of the poll was duly verified by Commercial Quest Sdn Bhd, the Independent Scrutineers appointed by LICB. Details of the result of the poll are set out below.

Voting Results

1. ORDINARY RESOLUTION

Description 
PROPOSED BONUS ISSUE OF UP TO 340,402,032 WARRANTS IN THE COMPANY ("WARRANTS") ON THE BASIS OF 1 WARRANT FOR EVERY 2 EXISTING ORDINARY SHARES IN THE COMPANY ("SHARES") HELD ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER ("PROPOSED BONUS ISSUE OF WARRANTS")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 159 18
No. of Shares 313,009,081 965,818
% of Voted Shares 99.6924 0.3076
Result Accepted





Announcement Info

Company Name LION INDUSTRIES CORPORATION BERHAD
Stock Name LIONIND
Date Announced 24 Nov 2022
Category General Meeting
Reference Number GMA-23112022-00006
Corporate Action ID MY221123MEET0005


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