General Meetings: Outcome Of Meeting

BackJul 06, 2023
Type of Meeting Extraordinary
Indicator Outcome of Meeting
Date of Meeting 06 Jul 2023
Time 10:30 AM
Venue(s) Broadcast Venue: Tricor Business Centre, Gemilang Room
Unit 29-02, Level 29, Tower A,
Vertical Business Suite, Avenue 3, Bangsar South
No. 8, Jalan Kerinchi, 59200 Kuala Lumpur
Malaysia
Outcome of Meeting

The Board of Directors of Salcon Berhad ("the Company") wishes to announce that the resolution on the Proposed Joint Venture as set out in the notice convening the Extraordinary General Meeting ("EGM") dated 21 June 2023 was duly passed at the EGM of the Company held earlier today. 

The voting in respect of the said resolution was carried out by way of poll, result of which was validated by Coopers Professional Scrutineers Sdn Bhd, being the independent scrutineer appointed by the Company.

Details of the result of the polling in respect of the said resolution at the EGM is set out below.

Voting Results

1. ORDINARY RESOLUTION
Description Proposed joint venture between Nusantara Megajuta Sdn Bhd ("NMSB"), an indirect wholly-owned subsidiary of Salcon Berhad and Exsim Kebun Teh Sdn Bhd (formerly known as Exsim Hills (Sabah) Sdn Bhd) ("EKTSB") for the development of two pieces of 99 years' leasehold land located in Johor Bahru ("Development Lands") ("Proposed Joint Venture") in which NMSB shall be entitled to the Landowner's Entitlement of RM140,000,000 in return for contributing the Development Lands to EKTSB pursuant to the Proposed Joint Venture.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 67 15
No. of Shares 362,481,012 119,922
% of Voted Shares 99.9669 0.0331
Result Accepted

 

Please refer attachment below.

Announcement Info

Company Name SALCON BERHAD
Stock Name SALCON
Date Announced 06 Jul 2023
Category General Meeting
Reference Number GMA-06072023-00002
Corporate Action ID MY230706MEET0001

Attachments

  1. Salcon__EGM_Poll_Results_6.7.2023.pdf (Size: 118,490 bytes)