CLOUDPT

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GENERAL MEETINGS: Notice of Meeting

CLOUDPOINT TECHNOLOGY BERHAD

Type of Meeting Extraordinary
Indicator Notice of Meeting
Description
Notice of Extraordinary General Meeting
Date of Meeting 25 Nov 2024
Time 10:00 AM

Venue(s)
To be conducted on a virtual basis through live streaming and online

remote voting using Remote Participation and Voting (RPV) facility

via www.propollsolutions.com.my provided by Propoll Solutions Sdn Bhd

Malaysia

Date of General Meeting Record of Depositors 18 Nov 2024

Resolutions


1. Special Resolution 1

Description
Proposed Amendments to the Constitution of the Company ("Proposed Amendments")
Shareholder’s Action For Voting

2. Ordinary Resolution 1

Description
Proposed Acquisition from Foo Choy Lim and Wong Wee Kiong of a total of 562,500 existing ordinary shares representing 75.0% total enlarged equity interest in Unique Central Sdn Bhd ("UCSB") by Cloudpoint for a purchase consideration of RM14,490,000 to be fully satisfied via cash ("Proposed UCSB Acquisition")
Shareholder’s Action For Voting

3. Ordinary Resolution 2

Description
Proposed Acquisition from Foo Choy Lim, Wong Wee Kiong and Tan Ki Lok of a total of 75,000 existing ordinary shares representing 75.0% total enlarged equity interest in Uniqcen Sales & Services Sdn Bhd ("USSSB") by Cloudpoint for a purchase consideration of RM12,285,000 to be fully satisfied via cash ("Proposed USSSB Acquisition")
Shareholder’s Action For Voting

4. Ordinary Resolution 3

Description
Proposed Diversification of the business activities of Cloudpoint and its subsidiaries ("Cloudpoint Group" or "Group") to include the business of data centre engineering solutions and facilities management services ("Proposed Diversification")
Shareholder’s Action For Voting

5. Ordinary Resolution 4

Description
Proposed Establishment of an Employees Share Option Scheme ("ESOS") of up to 15.00% of the total number of issued shares of Cloudpoint (excluding treasury shares, if any) at any point of time during the duration of the esos for the eligible employees and directors of Cloudpoint Group (excluding dormant subsidiaries, if any) ("Proposed Esos")
Shareholder’s Action For Voting

6. Ordinary Resolution 5

Description
Proposed Granting of ESOS Options to Dato' Keripin Anak Nangkai, the Independent Non-Executive Chairperson of Cloudpoint under the Proposed ESOS
Shareholder’s Action For Voting

7. Ordinary Resolution 6

Description
Proposed Granting of ESOS Options to Datuk Wira Choong Wai Hoong, the Executive Director cum Chief Executive Officer of Cloudpoint under the Proposed ESOS
Shareholder’s Action For Voting

8. Ordinary Resolution 7

Description
Proposed Granting of ESOS Options to Yew Choong Cheong, the Executive Director cum Head of Sales of Cloudpoint under the Proposed ESOS
Shareholder’s Action For Voting

9. Ordinary Resolution 8

Description
Proposed Granting of ESOS Options to Soo Kit Teng, the Executive Director cum Financial Controller of Cloudpoint under the Proposed ESOS
Shareholder’s Action For Voting

10. Ordinary Resolution 9

Description
Proposed Granting of ESOS Options to Suresh Narain Singh Sidhu, the Independent Non-Executive Director of Cloudpoint under the Proposed ESOS
Shareholder’s Action For Voting

11. Ordinary Resolution 10

Description
Proposed Granting of ESOS Options to Lim See Tow, the Independent Non-Executive Director of Cloudpoint under the Proposed ESOS
Shareholder’s Action For Voting

12. Ordinary Resolution 11

Description
Proposed Granting of ESOS Options to Yap Ee Ling, the Independent Non-Executive Director of Cloudpoint under the Proposed ESOS
Shareholder’s Action For Voting



Please refer attachment below.




Announcement Info

Company Name CLOUDPOINT TECHNOLOGY BERHAD
Stock Name CLOUDPT
Date Announced 30 Oct 2024
Category General Meeting
Reference Number GMA-30102024-00006
Corporate Action ID MY241030MEET0006