SYSTECH

0.410

(%)

GENERAL MEETINGS: Notice of Meeting

SYSTECH BHD

Type of Meeting Extraordinary
Indicator Notice of Meeting
Description
NOTICE OF EXTRAORDINARY GENERAL MEETING OF SYSTECH BHD ("SYSTECH" OR THE "COMPANY)
- PROPOSED ACQUISITION; AND
- PROPOSED DISPOSAL
Date of Meeting 10 Apr 2023
Time 10:00 AM

Venue(s)
Fully virtual basis via online meeting platform:

https://meeting.boardroomlimited.my

(Domain Registration No. with MYNIC - D6A357657)

Malaysia

Date of General Meeting Record of Depositors 03 Apr 2023

Resolutions


1. ORDINARY RESOLUTION 1

Description
PROPOSED ACQUISITION OF 240,000 ORDINARY SHARES IN TALENTCLOUD AI SDN BHD ("TCAI") ("TCAI SALE SHARES"), REPRESENTING 80.0% EQUITY INTEREST IN TCAI, FOR A TOTAL CASH CONSIDERATION OF RM14,400,000 ("PURCHASE CONSIDERATION") ("PROPOSED ACQUISITION")
Shareholder’s Action For Voting

2. ORDINARY RESOLUTION 2

Description
PROPOSED DISPOSAL OF THE COMPANYS ENTIRE EQUITY INTERESTS IN SYSCATECH SDN BHD ("SYSCATECH"), MOBYSYS SDN BHD ("MOBYSYS"), TECHCASYS SDN BHD ("TECHCASYS"), SYSCATECH INC., AND SYSCODE SDN BHD ("SYSCODE") (COLLECTIVELY, REFERRED TO AS "E-BUSINESS SUBSIDIARIES") FOR A TOTAL CASH CONSIDERATION OF RM6,604,605 ("DISPOSAL CONSIDERATION") ("PROPOSED DISPOSAL")
Shareholder’s Action For Voting



Please refer attachment below.




Announcement Info

Company Name SYSTECH BHD
Stock Name SYSTECH
Date Announced 23 Mar 2023
Category General Meeting
Reference Number GMA-23032023-00002
Corporate Action ID MY230323MEET0002