GENERAL MEETINGS: Outcome of Meeting
| PARKWOOD HOLDINGS BERHAD |
| Type of Meeting | Extraordinary |
| Indicator | Outcome of Meeting |
| Date of Meeting | 21 May 2025 |
| Time | 10:30 AM |
| Venue(s) |
Level 5, Menara LGB, No. 1, Jalan Wan Kadir, Taman Tun Dr. Ismail, 60000 Kuala Lumpur. Malaysia |
| Outcome of Meeting | On behalf of the Board of Directors of Parkwood Holdings Berhad ("Parkwood" or "the Company"), we are pleased to announce that all the resolutions set out in the Notice of the Extraordinary General Meeting ("EGM") of the Company dated 17 April 2025 were conducted physically at Level 5, Menara LGB, No. 1, Jalan Wan Kadir, Taman Tun Dr. Ismail, 60000 Kuala Lumpur, Malaysia on 21 May 2025 at 10.30 a.m., were duly passed by the shareholders.
All the resolutions were voted by e-polling and the results of the e-polling which were validated by SKY Corporate Services Sdn Bhd, the Independent Scrutineers appointed by the Company, are set out below.
The announcement is dated 21 May 2025. |
Voting Results |
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1. ORDINARY RESOLUTION 1 |
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| Description |
PROPOSED RENOUNCEABLE RIGHTS ISSUE OF NEW ORDINARY SHARES IN PARKWOOD TOGETHER WITH FREE DETACHABLE WARRANTS |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 31 | 3 |
| No. of Shares | 34,246,343 | 2,375 |
| % of Voted Shares | 99.9931 | 0.0069 |
| Result | Accepted | |
2. ORDINARY RESOLUTION 2 |
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| Description |
PROPOSED ISSUANCE OF UP TO 99,390,997 NEW REDEEMABLE CONVERTIBLE PREFERENCE SHARES IN PARKWOOD TO BE SUBSCRIBED BY TELAXIS SDN. BHD. AT A SUBSCRIPTION PRICE TO BE DETERMINED LATER |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 32 | 2 |
| No. of Shares | 34,246,543 | 2,175 |
| % of Voted Shares | 99.9936 | 0.0064 |
| Result | Accepted | |
3. ORDINARY RESOLUTION 3 |
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| Description |
PROPOSED EXEMPTIONS FOR TELAXIS AND PERSONS ACTING IN CONCERT WITH IT FROM THE OBLIGATION TO UNDERTAKE A MANDATORY TAKE-OVER OFFER FOR ALL THE REMAINING PARKWOOD SHARES AND WARRANTS NOT ALREADY OWNED BY THEM ARISING FROM THE COMPLETION OF THE PROPOSED RIGHTS ISSUE WITH WARRANTS, ANY CONVERSION OF SUCH WARRANTS AND/OR ANY CONVERSION OF THE RCPS UNDER THE PROPOSED SUBSCRIPTION, PURSUANT TO SUBPARAGRAPHS 4.08(1)(B) AND 4.08(1)(C) OF THE RULES |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 32 | 2 |
| No. of Shares | 34,246,543 | 2,175 |
| % of Voted Shares | 99.9936 | 0.0064 |
| Result | Accepted | |
4. SPECIAL RESOLUTION 1 |
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| Description |
PROPOSED AMENDMENTS TO THE CONSTITUTION OF THE COMPANY |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 32 | 2 |
| No. of Shares | 34,246,543 | 2,175 |
| % of Voted Shares | 99.9936 | 0.0064 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | PARKWOOD HOLDINGS BERHAD |
| Stock Name | PARKWD |
| Date Announced | 21 May 2025 |
| Category | General Meeting |
| Reference Number | GMA-20052025-00007 |
| Corporate Action ID | MY250520MEET0007 |