INSAS

1.040

(%)

GENERAL MEETINGS: Outcome of Meeting

INSAS BERHAD

Type of Meeting Extraordinary
Indicator Outcome of Meeting
Date of Meeting 23 Feb 2023
Time 11:00 AM

Venue(s)
Online Meeting Platform hosted on TIIH Online website

at https://tiih.online or https://tiih.com.my

(Domain registration number with MYNIC : D1A282781)

provided by Tricor Investor & Issuing House Services Sdn Bhd in

Malaysia

Outcome of Meeting

The Board of Directors of Insas Berhad wishes to announce that the resolution set out in the Notice of Extraordinary General Meeting dated 8 February 2023 was duly passed by way of poll. The result of the poll which has been verified by the independent scrutineer, Asia Securities Sdn Berhad is set out below.

This announcement is dated 23 February 2023.


Voting Results


1. Ordinary Resolution

Description
Proposed disposal of the entire ordinary shares and redeemable convertible preference shares in M & A Securities Sdn Bhd to SYF Resources Berhad ("SYF") for a consideration of RM222,000,000 to be satisfied via the issuance of 1,009,090,909 new ordinary shares in SYF at an issue price of RM0.22 each
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 272 37
No. of Shares 265,362,507 1,742,017
% of Voted Shares 99.3478 0.6522
Result Accepted



Please refer attachment below.




Announcement Info

Company Name INSAS BERHAD
Stock Name INSAS
Date Announced 23 Feb 2023
Category General Meeting
Reference Number GMA-23022023-00010
Corporate Action ID MY230223MEET0010