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GENERAL MEETINGS: Outcome of Meeting
SOLARVEST HOLDINGS BERHAD
Type of Meeting Extraordinary
Indicator Outcome of Meeting
Date of Meeting 05 Feb 2021
Time 10:00 AM
Venue(s) Broadcast venue at Meeting room of Solarvest Holdings Berhad
D-36-06, 3 Two Square, No.2, Jalan 19/1
46300 Petaling Jaya
Selangor Darul Ehsan
Malaysia
Outcome of Meeting
The Board of Directors of Solarvest Holdings Berhad ("Solarvest" or "the Company") wishes to announce that all of the resolutions as set out in the Notice of Extraordinary General Meeting ("EGM") dated 21 January 2021 were duly passed by the shareholders by way of poll voting at the EGM held today. The details of the poll results are set out below.
The results of the poll were validated by Asia Securities Sdn. Bhd., the Independent Scrutineer appointed by the Company.
This announcement is dated 5 February 2021.
Voting Results
1. Ordinary Resolution 1
Description Proposed Bonus Issue of 105,655,913 Warrants ("Warrant(s)") on the basis of 1 Warrant for every 4 existing ordinary shares in Solarvest ("Solarvest Share(s)" or "Share(s)") held on an entitlement date to be determined and announced later ("Proposed Bonus Issue of Warrants")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 112 2
No. of Shares 277,516,961 702
% of Voted Shares 99.9997 0.0003
Result Accepted
2. Ordinary Resolution 2
Description Proposed Bonus Issue of Shares up to 264,139,784 new Solarvest Shares ("Bonus Share(s)") on the basis of 1 Bonus Share for every 2 existing Solarvest Shares held on an entitlement date to be determined and announced after the completion of the Proposed Bonus Issue of Warrants ("Proposed Bonus Issue of Shares")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 115 1
No. of Shares 277,521,461 2
% of Voted Shares 99.9999 0.0001
Result Accepted