GENERAL MEETINGS: Outcome of Meeting
| ADVANCECON HOLDINGS BERHAD |
| Type of Meeting | Extraordinary |
| Indicator | Outcome of Meeting |
| Date of Meeting | 21 Dec 2022 |
| Time | 10:00 AM |
| Venue(s) |
Online meeting platform of TIIH Online provided by Tricor Investor & Issuing House Services Sdn Bhd via Remote Participation and Electronic facilities at https://tiih.online or https://tiih.com.my (Domain registration number with MYNIC D1A282781) Malaysia |
| Outcome of Meeting | The Board of Directors of Advancecon Holdings Berhad (“Advancecon” or “Company”) wishes to announce that the resolution set out in the Notice of the Extraordinary General Meeting ("EGM") of the Company dated 6 December 2022 was duly passed by the shareholders of the Company by way of poll using online meeting platform of TIIH Online via its website at https://tiih.online or https://tiih.com.my (Domain registration number with MYNIC – D1A282781) at the EGM held on 21 December 2022.
The results of the poll were validated by Asia Securities Sdn Bhd, the Independent Scrutineer appointed by the Company.
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Voting Results |
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1. Ordinary Resolution |
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| Description |
Proposed early settlement of the profit guarantee pursuant to the conditional share sale agreement dated 17 June 2021 in respect of the acquisition of 51% equity interest in Spring Energy Resources Berhad by Advancecon Holdings Berhad ("Proposed Settlement")
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 46 | 0 |
| No. of Shares | 182,709,127 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
Announcement Info
| Company Name | ADVANCECON HOLDINGS BERHAD |
| Stock Name | ADVCON |
| Date Announced | 21 Dec 2022 |
| Category | General Meeting |
| Reference Number | GMA-20122022-00010 |
| Corporate Action ID | MY221220MEET0009 |