General Meetings: Outcome Of Meeting
| Type of Meeting | Extraordinary |
| Indicator | Outcome of Meeting |
| Date of Meeting | 17 Nov 2022 |
| Time | 09:30 AM |
| Venue(s) |
Fully virtual basis vide Online Meeting Platform hosted on Securities Services e-Portal at https://sshsb.net.my/ |
| Outcome of Meeting |
The Board of Directors of Kejuruteraan Asastera Berhad ("KAB" or "the Company") wishes to announce that all resolutions as set out in the Notice of Extraordinary General Meeting ("EGM") of the Company dated 1 November 2022 were duly passed at the EGM of the Company held earlier today. All the resolutions tabled were voted by poll and the poll results were validated by Commercial Quest Sdn. Bhd., the Independent Scrutineer appointed by the Company. This announcement is dated 17 November 2022. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
Proposed Diversification of the existing business of KAB and its subsidiaries to include the Sustainable Energy Solutions Business ("Proposed Diversification") |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 55 | 7 |
| No. of Shares | 699,579,033 | 311,128 |
| % of Voted Shares | 99.9555 | 0.0445 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
Proposed Private Placement of up to 361,581,000 new Ordinary Shares in KAB, representing approximately 20% of the existing total number of issued shares of KAB (excluding treasury shares), to Independent Third Party Investor(s) to be identified later and at an issue price to be determined later ("Proposed Private Placement") |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 51 | 11 |
| No. of Shares | 699,564,846 | 325,315 |
| % of Voted Shares | 99.9535 | 0.0465 |
| Result | Accepted | |
Announcement Info
| Company Name | KEJURUTERAAN ASASTERA BERHAD |
| Stock Name | KAB |
| Date Announced | 17 Nov 2022 |
| Category | General Meeting |
| Reference Number | GMA-16112022-00018 |
| Corporate Action ID | MY221116MEET0014 |
Kinergy Advancement Berhad
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