GENERAL MEETINGS: Outcome of Meeting
SYSTECH BHD |
Type of Meeting | Extraordinary |
Indicator | Outcome of Meeting |
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 |
Outcome of Meeting | The Board of Directors of Systech Berhad ("Systech" or "the Company") wishes to announce that all the resolutions set out in the Notice of the Extraordinary General Meeting ("EGM") of the Company dated 24 March 2023 were duly passed at the EGM of the Company.
All the resolutions were voted by poll and the results of the poll were validated by Sky Corporate Services Sdn Bhd, the Independent Scrutineer appointed by the Company.
Please refer to below for details of the poll results.
This announcement is dated 10 April 2023. |
Voting Results |
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1. ORDINARY RESOLUTION 1 |
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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") |
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Shareholder’s Action | For Voting | |
Voted | For | Against |
No. of Shareholders | 48 | 8 |
No. of Shares | 182,950,782 | 165,701 |
% of Voted Shares | 99.9095 | 0.0905 |
Result | Accepted | |
2. ORDINARY RESOLUTION 2 |
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Description |
PROPOSED DISPOSAL OF THE COMPANY'S 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 | |
Voted | For | Against |
No. of Shareholders | 48 | 8 |
No. of Shares | 182,950,782 | 165,701 |
% of Voted Shares | 99.9095 | 0.0905 |
Result | Accepted | |
Please refer attachment below.
Announcement Info
Company Name | SYSTECH BHD |
Stock Name | SYSTECH |
Date Announced | 10 Apr 2023 |
Category | General Meeting |
Reference Number | GMA-10042023-00004 |
Corporate Action ID | MY230410MEET0004 |