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GENERAL MEETINGS: Outcome of Meeting

MAXIM GLOBAL BERHAD

Type of Meeting Extraordinary
Indicator Outcome of Meeting
Date of Meeting 04 Aug 2023
Time 11:00 AM

Venue(s)
Penthouse (4th floor), No. 2D, Jalan SS 6/6

Kelana Jaya, 47301 Petaling Jaya

Selangor Darul Ehsan

Malaysia

Outcome of Meeting

The Board of Directors of Maxim Global Berhad ("the Company") wishes to announce that all the resolutions as set out in the Notice of the Extraordinary General Meeting (EGM) of the Company dated 20 July 2023 were duly passed by the shareholders at the EGM of the Company held today by way of poll voting.

 

The results of the poll were validated by Cygnus Technology Solutions Sdn. Bhd., the independent scrutineer appointed by the Company.

 

This announcement is dated 4 August 2023. 


Voting Results


1. Ordinary Resolution 1

Description
PROPOSED ACQUISITION OF 2 ORDINARY SHARES IN ZAPLAND PROPERTY SDN BHD ("ZPSB") ("ZPSB SALE SHARE(S)"), REPRESENTING 100% EQUITY INTEREST IN ZPSB FROM GAN LEE HA AND LEE CHEH HIAN ("ZPSB VENDORS") FOR A PURCHASE CONSIDERATION OF RM39,034,668.65 ("ZPSB PURCHASE CONSIDERATION") TO BE SATISFIED VIA A COMBINATION OF DEFERRED CASH CONSIDERATION AND THE ISSUANCE OF NEW ORDINARY SHARES IN MAXIM GLOBAL ("MAXIM GLOBAL SHARE(S)" OR "SHARE(S)") ("CONSIDERATION SHARE(S)") ("PROPOSED ACQUISITION OF ZPSB")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 452 77
No. of Shares 194,027,051 19,678
% of Voted Shares 99.9899 0.0101
Result Accepted

2. Ordinary Resolution 2

Description
PROPOSED ACQUISITION OF 2 ORDINARY SHARES IN ASIATIC NETWORK SDN BHD ("ANSB") ("ANSB SALE SHARE(S)"), REPRESENTING 100% EQUITY INTEREST IN ANSB FROM CHAI CHANG GUAN AND CHAI SEONG MIN ("ANSB VENDORS") FOR A PURCHASE CONSIDERATION OF RM32,196,845.87 ("ANSB PURCHASE CONSIDERATION") TO BE SATISFIED VIA A COMBINATION OF DEFERRED CASH CONSIDERATION AND CONSIDERATION SHARES ("PROPOSED ACQUISITION OF ANSB")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 455 74
No. of Shares 194,028,053 18,676
% of Voted Shares 99.9904 0.0096
Result Accepted

3. Ordinary Resolution 3

Description
PROPOSED ACQUISITION OF 4 ORDINARY SHARES IN BROGAN MAXIM SDN BHD ("BMSB") ("BMSB SALE SHARE(S)"), REPRESENTING 100% EQUITY INTEREST IN BMSB FROM TAN SRI GAN SEONG LIAM ("TAN SRI GAN") AND GAN KUOK CHYUAN ("BMSB VENDORS") FOR A PURCHASE CONSIDERATION OF RM21,411,281.71 ("BMSB PURCHASE CONSIDERATION") TO BE SATISFIED VIA A COMBINATION OF DEFERRED CASH CONSIDERATION AND CONSIDERATION SHARES ("PROPOSED ACQUISITION OF BMSB")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 451 78
No. of Shares 194,025,952 20,777
% of Voted Shares 99.9893 0.0107
Result Accepted

4. Ordinary Resolution 4

Description
PROPOSED ACQUISITION OF 2 ORDINARY SHARES IN MAXIM REALTY SDN BHD ("MRSB") ("MRSB SALE SHARE(S)"), REPRESENTING 100% EQUITY INTEREST IN MRSB FROM TAN SRI GAN AND PUAN SRI LOH FOONG PING ("MRSB VENDORS") FOR A PURCHASE CONSIDERATION OF RM10,757,108.81 ("MRSB PURCHASE CONSIDERATION") TO BE SATISFIED VIA A COMBINATION OF DEFERRED CASH CONSIDERATION AND CONSIDERATION SHARES ("PROPOSED ACQUISITION OF MRSB")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 453 76
No. of Shares 194,027,951 18,778
% of Voted Shares 99.9903 0.0097
Result Accepted

5. Ordinary Resolution 5

Description
PROPOSED ACQUISITION OF 13,110 ORDINARY SHARES IN MAXIM HOLDINGS SDN BHD ("MHSB") ("MHSB SALE SHARE(S)"), REPRESENTING 13.11% EQUITY INTEREST IN MHSB FROM SANLENS SDN BHD ("MHSB VENDOR" OR "SANLENS") FOR A PURCHASE CONSIDERATION OF RM15,600,094.96 ("MHSB PURCHASE CONSIDERATION") TO BE SATISFIED VIA A COMBINATION OF DEFERRED CASH CONSIDERATION AND CONSIDERATION SHARES ("PROPOSED ACQUISITION OF MHSB")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 449 78
No. of Shares 193,987,940 19,788
% of Voted Shares 99.9898 0.0102
Result Accepted

6. Ordinary Resolution 6

Description
PROPOSED CONSOLIDATION OF EVERY 2 EXISTING MAXIM GLOBAL SHARES INTO 1 MAXIM GLOBAL SHARE ("CONSOLIDATED SHARE(S)") ("PROPOSED SHARE CONSOLIDATION")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 388 140
No. of Shares 193,978,144 68,584
% of Voted Shares 99.9647 0.0353
Result Accepted






Announcement Info

Company Name MAXIM GLOBAL BERHAD
Stock Name MAXIM
Date Announced 04 Aug 2023
Category General Meeting
Reference Number GMA-02082023-00004
Corporate Action ID MY230802MEET0004



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