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GENERAL MEETINGS: Outcome of Meeting

BOUSTEAD HEAVY INDUSTRIES CORPORATION BHD

Type of Meeting Extraordinary
Indicator Outcome of Meeting
Date of Meeting 30 Apr 2024
Time 02:30 PM

Venue(s)
Amphitheatre,The Bousteador, Level 23,

No. 10, Jalan PJU 7/6, Mutiara Damansara,

47800 Petaling Jaya,

Selangor

Malaysia

Outcome of Meeting

The Board of Directors of Boustead Heavy Industries Corporation Berhad ("Company") wishes to announce that all the Ordinary Resolutions as set out in the Notice of the Extraordinary General Meeting ("EGM") of the Company dated 15 April 2024 were duly passed by the shareholders at the EGM of the Company.

 

All the Resolutions were voted by poll and the results of the poll were validated by Scrutineer Solutions Sdn Bhd, the independent scrutineer appointed by the Company.

 

Please refer to the attachment for the poll results.

 

This announcement is dated 30 April 2024.


Voting Results


1. ORDINARY RESOLUTION 1

Description
PROPOSED DISPOSAL OF 27,000,001 ORDINARY SHARES IN LUMUT NAVAL SHIPYARD SDN. BHD. (FORMERLY KNOWN AS BOUSTEAD NAVAL SHIPYARD SDN. BHD.) (LUNAS) HELD BY PERSTIM INDUSTRIES SDN. BHD. (PISB), AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF BHIC, TO OCEAN SUNSHINE BERHAD (OSB) FOR A CASH CONSIDERATION OF RM1.00 AND THE WAIVER OF TRADE RECEIVABLES OWING BY LUNAS TO BHIC AND ITS RELEVANT SUBSIDIARIES OF THE AMOUNT OF APPROXIMATELY RM334.73 MILLION PURSUANT TO THE PROPOSED ITRSA (PROPOSED DISPOSAL)
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 227 87
No. of Shares 35,796,209 26,387
% of Voted Shares 99.9263 0.0737
Result Accepted

2. ORDINARY RESOLUTION 2

Description
PROPOSED INTERCOMPANY TRADE RECEIVABLES SETTLEMENT AGREEMENT (ITRSA) (PROPOSED ITRSA)
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 226 88
No. of Shares 35,796,299 26,297
% of Voted Shares 99.9266 0.0734
Result Accepted



Please refer attachment below.

Attachments

BHIC EGM Polling Result.pdf
49.5 kB




Announcement Info

Company Name BOUSTEAD HEAVY INDUSTRIES CORPORATION BHD
Stock Name BHIC
Date Announced 30 Apr 2024
Category General Meeting
Reference Number GMA-17042024-00003
Corporate Action ID MY240417MEET0003



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