General Meetings: Outcome Of Meeting
| Type of Meeting | Extraordinary |
| Indicator | Outcome of Meeting |
| Date of Meeting | 27 Apr 2023 |
| Time | 09:30 AM |
| Venue(s) |
Fully virtual basis vide Online Meeting Platform hosted on Securities Services e-Portal at https://sshsb.net.my/ Malaysia |
| Outcome of Meeting |
The Board of Directors of Kejuruteraan Asastera Berhad ("KAB" or "the Company") wishes to announce that the resolution as set out in the Notice of Extraordinary General Meeting ("EGM") of the Company dated 11 April 2023 was duly passed at the EGM of the Company held earlier today. The resolution tabled was 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 27 April 2023. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
Proposed Acquisition by KAB Energy Holdings Sdn Bhd, a Wholly-Owned Subsidiary of KAB, of 100% Equity Interest in PT Inpola Mitra Elektrindo ("PT IME") from Sarawak Cable Berhad and Other Minority Shareholders for a Completion Amount of RM75,000,000 (Comprising the Sale Shares Consideration of RM10,000 and the Settlement of Debts, Liabilities and Shareholders Advances of PT IME Capped at RM74,990,000) to be satisfied entirely in Cash ("Proposed Acquisition") |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 65 | 7 |
| No. of Shares | 1,044,835,824 | 236,292 |
| % of Voted Shares | 99.9774 | 0.0226 |
| Result | Accepted | |
Announcement Info
| Company Name | KEJURUTERAAN ASASTERA BERHAD |
| Stock Name | KAB |
| Date Announced | 27 Apr 2023 |
| Category | General Meeting |
| Reference Number | GMA-27042023-00006 |
| Corporate Action ID | MY230427MEET0006 |
Kinergy Advancement Berhad
No. 18, Jalan Radin Bagus 9, Bandar Baru Sri Petaling, 57000 Kuala Lumpur, Malaysia.