GENERAL MEETINGS: Outcome of Meeting
| ARTRONIQ BERHAD |
| Type of Meeting | Extraordinary |
| Indicator | Outcome of Meeting |
| Date of Meeting | 19 May 2023 |
| Time | 10:30 AM |
| Venue(s) |
Fully virtual basis through live streaming and and online Remote Participation and Voting (RPV) facilities via Vote2U at https://web.vote2u.my provided by Agmo Digital Solutions Sdn Bhd (Domain Registration Numbers with MYNIC D6A471702) Malaysia |
| Outcome of Meeting | The Board of Directors of Artroniq Berhad (“Artroniq” or the “Company”) would like to announce that the shareholders of the Company had approved all the resolutions set out in the Notice of Extraordinary General Meeting (“EGM”) dated 2 May 2023 at the EGM of the Company held on 19 May 2023.
The resolutions were passed by way of poll and the results of the poll were validated by Aegis Communication Sdn Bhd, the Independent Scrutineer appointed by the Company.
This announcement is dated 19 May 2023. |
Voting Results |
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1. ORDINARY RESOLUTION 1 |
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| Description |
PROPOSED PRIVATE PLACEMENT OF UP TO 65,659,400 NEW ORDINARY SHARES IN ARTRONIQ ("ARTRONIQ SHARES" OR "SHARES") ("PLACEMENT SHARES"), REPRESENTING 20.0% OF THE TOTAL NUMBER OF ISSUED SHARES OF ARTRONIQ ("PROPOSED PRIVATE PLACEMENT")
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 82 | 4 |
| No. of Shares | 189,635,014 | 105 |
| % of Voted Shares | 99.9999 | 0.0001 |
| Result | Accepted | |
2. ORDINARY RESOLUTION 2 |
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| Description |
PROPOSED BONUS ISSUE OF UP TO 196,978,202 NEW WARRANTS IN ARTRONIQ ("WARRANTS") ON THE BASIS OF 1 WARRANT FOR EVERY 2 EXISTING ARTRONIQ SHARES HELD BY THE ENTITLED SHAREHOLDERS ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER ("PROPOSED BONUS ISSUE OF WARRANTS")
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 82 | 5 |
| No. of Shares | 189,911,914 | 205 |
| % of Voted Shares | 99.9999 | 0.0001 |
| Result | Accepted | |
3. ORDINARY RESOLUTION 3 |
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| Description |
PROPOSED DIVERSIFICATION OF THE EXISTING PRINCIPAL ACTIVITIES OF ARTRONIQ AND ITS SUBSIDIARIES ("ARTRONIQ GROUP" OR "GROUP") TO INCLUDE ELECTRONIC BICYCLE ("E-BIKE") ASSEMBLY AND MANUFACTURING ("PROPOSED DIVERSIFICATION")
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 84 | 3 |
| No. of Shares | 189,912,016 | 103 |
| % of Voted Shares | 99.9999 | 0.0001 |
| Result | Accepted | |
Announcement Info
| Company Name | ARTRONIQ BERHAD |
| Stock Name | ARTRONIQ |
| Date Announced | 19 May 2023 |
| Category | General Meeting |
| Reference Number | GMA-16052023-00016 |
| Corporate Action ID | MY230516MEET0016 |