GENERAL MEETINGS: Outcome of Meeting
| Type of Meeting |
Extraordinary |
| Indicator |
Outcome of Meeting |
| Date of Meeting |
22 Dec 2020 |
| Time |
10:00 AM |
| Venue(s) |
TANAHMAS HOTEL
JALAN KAMPUNG NYABOR
96007 SIBU
SARAWAK
Malaysia
|
| Outcome of Meeting |
The Board of Directors of Pansar Berhad ("Pansar") wishes to announce that the Shareholders of Pansar have at the Meeting of Members of Pansar held on 22 December 2020 morning passed all the resolutions set out in the Notice of Meeting of Members dated 30 November 2020.
All the resolutions were voted by poll and the results of the poll were validated by Messrs. Anna Lu & Co, the Independent Scrutineer apointed by the Company.
Please refer to the attachment for the poll results. |
Voting Results |
|
1. ORDINARY RESOLUTION 1
|
| Description |
PROPOSED ACQUISITION BY PANSAR OF THE ENTIRE EQUITY INTEREST IN PERBENA EMAS SDN BHD (PESB) FROM PE HOLDINGS SDN BHD (PE HOLDINGS OR THE VENDOR) FOR A PURCHASE CONSIDERATION OF RM151,000,000 (PURCHASE CONSIDERATION) TO BE SATISFIED ENTIRELY IN CASH
|
| Shareholder’s Action |
For Voting |
| Voted |
For |
Against |
| No. of Shareholders |
11 |
0 |
| No. of Shares |
57,866,300 |
0 |
| % of Voted Shares |
100.0000 |
0.0000 |
| Result |
Accepted |
|
2. ORDINARY RESOLUTION 2
|
| Description |
PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 346,500,000 NEW REDEEMABLE CONVERTIBLE PREFERENCE SHARES IN PANSAR (RCPS) ON THE BASIS OF 1 RCPS FOR EVERY 2 EXISTING ORDINARY SHARES IN PANSAR (PANSAR SHARE(S)) HELD ON AN ENTITLEMENT DATE TO BE DETERMINED LATER (ENTITLEMENT DATE)
|
| Shareholder’s Action |
For Voting |
| Voted |
For |
Against |
| No. of Shareholders |
11 |
0 |
| No. of Shares |
57,866,300 |
0 |
| % of Voted Shares |
100.0000 |
0.0000 |
| Result |
Accepted |
|
3. ORDINARY RESOLUTION 3
|
| Description |
PROPOSED DIVERSIFICATION OF THE PRINCIPAL ACTIVITIES OF PANSAR AND ITS SUBSIDIARIES TO INCLUDE CONSTRUCTION AND CIVIL ENGINEERING
|
| Shareholder’s Action |
For Voting |
| Voted |
For |
Against |
| No. of Shareholders |
11 |
0 |
| No. of Shares |
57,866,300 |
0 |
| % of Voted Shares |
100.0000 |
0.0000 |
| Result |
Accepted |
|
4. SPECIAL RESOLUTION
|
| Description |
PROPOSED AMENDMENTS TO THE CONSTITUTION OF THE COMPANY TO FACILITATE THE ISSUANCE OF RCPS UNDER THE PROPOSED RIGHTS ISSUE
|
| Shareholder’s Action |
For Voting |
| Voted |
For |
Against |
| No. of Shareholders |
11 |
0 |
| No. of Shares |
57,866,300 |
0 |
| % of Voted Shares |
100.0000 |
0.0000 |
| Result |
Accepted |
|
Please refer attachment below.
Announcement Info
| Company Name |
PANSAR BERHAD
|
| Stock Name |
PANSAR |
| Date Announced |
22 Dec 2020 |
| Category |
General Meeting |
| Reference Number |
GMA-22122020-00002 |
| Corporate Action ID |
MY201222MEET0002 |