GENERAL MEETINGS: Notice of Meeting
| FAST ENERGY HOLDINGS BERHAD |
| Type of Meeting |
Extraordinary |
| Indicator |
Notice of Meeting |
| Description |
Extraordinary General Meeting
|
| Date of Meeting |
30 Aug 2022 |
| Time |
09:30 AM |
| Venue(s) |
Broadcast Venue at Boardroom, Suite 11.1, Level 11, Menara 1 Dutamas,
No. 1, Jalan Dutamas 1, 50480 Kuala Lumpur
Malaysia
|
| Date of General Meeting Record of Depositors |
22 Aug 2022 |
Resolutions |
|
1. SPECIAL RESOLUTION
|
| Description |
PROPOSED CONSOLIDATION OF EVERY 6 EXISTING ORDINARY SHARES IN FAST ENERGY ("SHARE(S)") INTO 1 ORDINARY SHARE IN FAST ENERGY ("CONSOLIDATED SHARE(S)") ("PROPOSED SHARE CONSOLIDATION")
|
| Shareholder’s Action |
For Voting |
|
2. ORDINARY RESOLUTION 1
|
| Description |
PROPOSED PRIVATE PLACEMENT OF UP TO 35% OF THE TOTAL ISSUED SHARES OF FAST ENERGY TO THIRD PARTY INVESTOR(S) TO BE IDENTIFIED LATER ("PROPOSED PRIVATE PLACEMENT")
|
| Shareholder’s Action |
For Voting |
|
3. ORDINARY RESOLUTION 2
|
| Description |
PROPOSED ACQUISITION OF 175,000 ORDINARY SHARES IN CCK PETROLEUM SDN BHD ("CCKSB") ("SALE SHARE(S)"), REPRESENTING 35% EQUITY INTEREST IN CCKSB FROM MOHD FAIZUL BIN NASIR ("VENDOR") FOR A PURCHASE CONSIDERATION OF RM28,000,000 TO BE SATISFIED VIA A COMBINATION OF RM23,972,660 IN CASH AND RM4,027,340 VIA THE ISSUANCE OF 11,800,000 NEW FAST ENERGY SHARES AT AN ISSUE PRICE OF RM0.3413 PER FAST ENERGY SHARE ("CONSIDERATION SHARE(S)") ("PROPOSED ACQUISITION")
|
| Shareholder’s Action |
For Voting |
|
Please refer attachment below.
Announcement Info
| Company Name |
FAST ENERGY HOLDINGS BERHAD
|
| Stock Name |
FAST |
| Date Announced |
03 Aug 2022 |
| Category |
General Meeting |
| Reference Number |
GMA-03082022-00001 |
| Corporate Action ID |
MY220803MEET0001 |