GENERAL MEETINGS: Notice of Meeting
| ES CERAMICS TECHNOLOGY BHD |
| Type of Meeting |
Extraordinary |
| Indicator |
Notice of Meeting |
| Description |
The Extraordinary General Meeting of ES Ceramics Technology Berhad ("ES Ceramics") will be held virtually from the Broadcast Venue and via remote participation and voting.
|
| Date of Meeting |
29 Jul 2022 |
| Time |
10:00 AM |
| Venue(s) |
Broadcast Venue:
The Envictus, Level 5
No. 11, Jalan 225, 46100 Petaling Jaya
Selangor Darul Ehsan
Malaysia
|
| Date of General Meeting Record of Depositors |
22 Jul 2022 |
Resolutions |
|
1. Ordinary Resolution 1
|
| Description |
Proposed Acquisition of the entire equity interest in Evermix Concrete Sdn Bhd by the Company (70%) and its wholly-owned subsidiary Euroceramic Technologies Co., Ltd (30%) for a total purchase consideration of RM83,000,000 to be satisfied by a combination of cash payment of RM65,000,000 and issuance of 56,250,000 new ordinary shares in ES Ceramics at an issue price of RM0.32 per share amounting to RM18,000,000
|
| Shareholder’s Action |
For Voting |
|
2. Ordinary Resolution 2
|
| Description |
Proposed Diversification of the existing business of the Company and its subsidiaries to include manufacturing and trading of construction materials
|
| Shareholder’s Action |
For Voting |
|
Please refer attachment below.
Announcement Info
| Company Name |
ES CERAMICS TECHNOLOGY BHD
|
| Stock Name |
ESCERAM |
| Date Announced |
08 Jul 2022 |
| Category |
General Meeting |
| Reference Number |
GMA-07072022-00001 |
| Corporate Action ID |
MY220707MEET0001 |