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GENERAL MEETINGS: Notice of Meeting

BINTAI KINDEN CORPORATION BERHAD

Type of Meeting Extraordinary
Indicator Notice of Meeting
Description
Notice of Extraordinary General Meeting of Bintai Kinden Corporation Berhad ("Bintai" or "Company")
Date of Meeting 22 Nov 2021
Time 10:00 AM

Venue(s)
Online Meeting Platform provided by

Tricor Investor & Issuing House Services Sdn Bhd

at https://tiih.online

Malaysia

Date of General Meeting Record of Depositors 15 Nov 2021

Resolutions


1. ORDINARY RESOLUTION 1

Description
PROPOSED ACQUISITION OF THE ENTIRE EQUITY INTEREST IN JOHNSON MEDICAL INTERNATIONAL SDN BHD FOR A TOTAL PURCHASE CONSIDERATION OF RM50,000,000 TO BE SATISFIED VIA A COMBINATION OF CASH PAYMENT RM26,000,000 AND THE REMAINING PURCHASE CONSIDERATION OF RM24,000,000 TO BE SATISFIED VIA THE ISSUANCE AND ALLOTMENT OF 58,536,600 NEW ORDINARY SHARES IN BINTAI ("BINTAI SHARE(S)" OR "SHARE(S)") AT THE ISSUE PRICE OF RM0.41 PER SHARE ("PROPOSED ACQUISITION")
Shareholder’s Action For Voting

2. ORDINARY RESOLUTION 2

Description
PROPOSED DIVERSIFICATION OF BINTAI'S EXISTING BUSINESS TO INCLUDE THE:

(I)	PROPERTY DEVELOPMENT BUSINESS SEGMENT; AND
(II)	PROPERTY MANAGEMENT BUSINESS SEGMENT WHICH INCLUDES THE MANAGEMENT OF CONDOTEL

("PROPOSED DIVERSIFICATION")
Shareholder’s Action For Voting

3. ORDINARY RESOLUTION 3

Description
PROPOSED PRIVATE PLACEMENT OF UP TO 114,567,500 NEW ORDINARY SHARES IN BINTAI REPRESENTING APPROXIMATELY 30% OF THE EXISTING ISSUED ORDINARY SHARES IN BINTAI, TO INDEPENDENT INVESTOR(S) TO BE IDENTIFIED LATER  ("PROPOSED PRIVATE PLACEMENT")
Shareholder’s Action For Voting

4. ORDINARY RESOLUTION 4

Description
PROPOSED ISSUANCE OF UP TO 190,946,000 NEW REDEEMABLE CONVERTIBLE PREFERENCE SHARES ("RCPS") TO OUD ASSET MANAGEMENT SDN BHD ("OUD") AT AN ISSUE PRICE OF RM0.10 PER RCPS ("PROPOSED ISSUANCE OF RCPS")
Shareholder’s Action For Voting

5. SPECIAL RESOLUTION

Description
PROPOSED AMENDMENTS TO THE CONSTITUTION OF THE COMPANY TO FACILITATE THE PROPOSED ISSUANCE OF RCPS ("PROPOSED AMENDMENTS")
Shareholder’s Action For Voting



Please refer attachment below.

Attachments

Bintai Kinden EGM Ad_FINAL.pdf
36.4 kB




Announcement Info

Company Name BINTAI KINDEN CORPORATION BERHAD
Stock Name BINTAI
Date Announced 28 Oct 2021
Category General Meeting
Reference Number GMA-28102021-00015
Corporate Action ID MY211028MEET0015




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