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GENERAL MEETINGS: Outcome of Meeting

MALAYSIAN BULK CARRIERS BERHAD

Type of Meeting Extraordinary
Indicator Outcome of Meeting
Date of Meeting 06 Dec 2023
Time 11:30 AM

Venue(s)
Broadcast Venue

Level 12, Menara Symphony

No. 5, Jalan Prof. Khoo Kay Kim, Seksyen 13

46200 Petaling Jaya, Selangor Darul Ehsan

Malaysia

Outcome of Meeting

Malaysian Bulk Carriers Berhad ("the Company") wishes to announce that all resolutions as set out in the Notice of Extraordinary General Meeting ("EGM") dated 9 November 2023 were duly passed at the EGM of the Company. 

 

All the resolutions were voted by poll and the results of the poll were validated by SKY Corporate Services Sdn Bhd, the independent scrutineer appointed by the Company.

 

Please refer to the attachment for the poll results.

 

This announcement is dated 6 December 2023.


Voting Results


1. Ordinary Resolution 1

Description
To approve the proposed acquisition of a parcel of freehold land measuring approximately 23.48 hectares located in the Mukim of Kapar, Daerah Klang, Negeri Selangor ("Land") by MBC Logistic Hub Sdn Bhd (formerly known as MBC Retail Sdn Bhd), a subsidiary of the Company from Kapar Land Sdn Bhd for a total cash consideration of RM165 million.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 272 50
No. of Shares 209,712,774 145,712
% of Voted Shares 99.9306 0.0694
Result Accepted

2. Ordinary Resolution 2

Description
To approve the proposed joint venture between the Company and Golden Valley Ventures Sdn Bhd to jointly acquire and develop the Land.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 270 47
No. of Shares 209,826,495 29,691
% of Voted Shares 99.9859 0.0141
Result Accepted

3. Ordinary Resolution 3

Description
To approve the proposed diversification of the existing principal activities of the Company and its subsidiaries to include industrial property development and investment.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 270 49
No. of Shares 209,880,921 29,347
% of Voted Shares 99.9860 0.0140
Result Accepted

4. Special Resolution

Description
To approve the proposed change of name of the Company from "Malaysian Bulk Carriers Berhad" to "Maybulk Berhad".
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 271 47
No. of Shares 529,858,985 31,271
% of Voted Shares 99.9941 0.0059
Result Accepted



Please refer attachment below.

Attachments

MBC - EGM - Poll Result.pdf
597.7 kB




Announcement Info

Company Name MALAYSIAN BULK CARRIERS BERHAD
Stock Name MAYBULK
Date Announced 06 Dec 2023
Category General Meeting
Reference Number GMA-06122023-00009
Corporate Action ID MY231206MEET0008



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