GENERAL MEETINGS: Outcome of Meeting
| ADVANCECON HOLDINGS BERHAD |
| Type of Meeting | Extraordinary |
| Indicator | Outcome of Meeting |
| Date of Meeting | 28 Feb 2023 |
| 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 10 February 2023 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 28 February 2023.
The results of the poll were validated by Asia Securities Sdn Berhad, 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 Private Placement of up to 96,674,940 new ordinary shares in Advancecon, representing approximately 20% of the existing total number of issued shares of Advancecon (excluding treasury shares) ("Proposed Private Placement")
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 56 | 9 |
| No. of Shares | 264,656,851 | 66,606,360 |
| % of Voted Shares | 79.8932 | 20.1068 |
| Result | Accepted | |
Announcement Info
| Company Name | ADVANCECON HOLDINGS BERHAD |
| Stock Name | ADVCON |
| Date Announced | 28 Feb 2023 |
| Category | General Meeting |
| Reference Number | GMA-27022023-00012 |
| Corporate Action ID | MY230227MEET0012 |