GENERAL MEETINGS: Outcome of Meeting
| INDUSTRONICS BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 24 Aug 2020 |
| Time | 11:30 AM |
| Venue(s) |
Function Room 2&3,
Level 2, Espira Sri Petaling (formerly known as Hotel Sri Petaling),
30, Jalan Radin Anum, Bandar Baru Sri Petaling,
57000 Kuala Lumpur, Wilayah Persekutuan Malaysia |
| Outcome of Meeting | The Board of Directors of Industronics Berhad (“Company“) wishes to announce that all the resolutions set out in the Notice of the Extraordinary Annual General Meeting were approved by the shareholders of the Company by way of poll voting.
The results of the poll were validated by Coresec PLT, the Independent Scrutineer appointed by the Company.
The details of the poll results are set out in the attachment.
This announcement is dated 24 August 2020. |
Voting Results |
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1. 1 |
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| Description |
PROPOSED ISSUANCE OF UP TO 266,625,000 NEW REDEEMABLE CONVERTIBLE PREFERENCE SHARES (RCPS) TO BLUEMOUNT INVESTMENT FUND SPC (BIF) AT AN ISSUE PRICE OF RM0.04 PER RCPS (PROPOSED ISSUANCE OF RCPS) |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 5 | 2 |
| No. of Shares | 71,374,784 | 254,500 |
| % of Voted Shares | 99.6447 | 0.3553 |
| Result | Accepted | |
2. 2 |
||
| Description |
PROPOSED AMENDMENTS TO THE CONSTITUTION OF THE COMPANY TO FACILITATE THE PROPOSED ISSUANCE OF RCPS. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 5 | 3 |
| No. of Shares | 71,374,784 | 255,500 |
| % of Voted Shares | 99.6433 | 0.3567 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | INDUSTRONICS BERHAD |
| Stock Name | ITRONIC |
| Date Announced | 24 Aug 2020 |
| Category | General Meeting |
| Reference Number | GMA-21082020-00025 |
| Corporate Action ID | MY200821MEET0025 |