AHB

0.035

(%)

GENERAL MEETINGS: Outcome of Meeting

AHB HOLDINGS BERHAD

Type of Meeting Extraordinary
Indicator Outcome of Meeting
Date of Meeting 13 Feb 2023
Time 10:30 AM

Venue(s) 
Fully virtual basis through live streaming and online remote voting

via the Remote Participation and Voting ("RPV") Facilities using

Vote2U at https://web.vote2u.my (Domain Registration No. with

MYNIC - D6A471702) provided by Agmo Digital Solutions Sdn Bhd in

Malaysia

Outcome of Meeting

The Board of Directors of AHB Holdings Berhad ("AHB" or "the Company") is pleased to announce that all the resolutions as set out in the Notice of the Extraordinary General Meeting ("EGM") dated 20 January 2023 were duly passed by way of poll using Vote2U at https://web.vote2u.my (Domain Registration No. with MYNIC - D6A471702) provided by Agmo Digital Solutions Sdn Bhd at the EGM of the Company held on today, 13 February 2023.

The results of the poll were validated by CSC Securities Services Sdn Bhd, the Independent Scrutineer appointed by the Company.

This announcement is dated 13 February 2023.

Voting Results

1. ORDINARY RESOLUTION 1

Description 
PROPOSED ACQUISITION BY AHB DEVELOPMENT SDN BHD ("AHBD"), A WHOLLY-OWNED SUBSIDIARY OF AHB, OF 4 PARCELS OF LAND LOCATED IN MUKIM PETALING, KUALA LUMPUR ("TAMAN YARL LAND") FROM AWAN JINGGA SDN BHD ("AJSB") FOR A TOTAL PURCHASE CONSIDERATION OF RM9.20 MILLION TO BE SATISIFED VIA A COMBINATION OF RM4.20 MILLION IN CASH AND THE ISSUANCE OF 45,454,546 NEW ORDINARY SHARES IN AHB ("AHB SHARES" OR "SHARES") ("CONSIDERATION SHARES") AT AN ISSUE PRICE OF RM0.11 PER CONSIDERATION SHARE ("PROPOSED ACQUISITION")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 61 3
No. of Shares 92,768,222 1,200
% of Voted Shares 99.9987 0.0013
Result Accepted

2. ORDINARY RESOLUTION 2

Description 
PROPOSED DIVERSIFICATION OF THE PRINCIPAL ACTIVITIES OF AHB AND ITS SUBSIDIARIES ("AHB GROUP" OR "GROUP") TO INCLUDE PROPERTY DEVELOPMENT ACTIVITIES ("PROPOSED DIVERSIFICATION")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 61 3
No. of Shares 92,764,319 5,103
% of Voted Shares 99.9945 0.0055
Result Accepted

3. ORDINARY RESOLUTION 3

Description 
PROPOSED ISSUANCE OF UP TO 600,000,000 2% CUMULATIVE REDEEMABLE CONVERTIBLE PREFERENCE SHARES IN AHB ("RCPS") AT AN ISSUE PRICE OF RM0.10 PER RCPS ("PROPOSED RCPS ISSUANCE")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 57 6
No. of Shares 91,893,216 6,206
% of Voted Shares 99.9933 0.0068
Result Accepted

4. SPECIAL RESOLUTION

Description 
PROPOSED AMENDMENTS TO THE CONSTITUTION OF AHB ("PROPOSED AMENDMENTS")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 60 4
No. of Shares 92,767,722 1,700
% of Voted Shares 99.9982 0.0018
Result Accepted





Announcement Info

Company Name AHB HOLDINGS BERHAD
Stock Name AHB
Date Announced 13 Feb 2023
Category General Meeting
Reference Number GMA-13022023-00001
Corporate Action ID MY230213MEET0001


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