GENERAL MEETINGS: Outcome of Meeting
| Type of Meeting |
Extraordinary |
| Indicator |
Outcome of Meeting |
| Date of Meeting |
11 Apr 2023 |
| Time |
11:00 AM |
| Venue(s) |
Unit 310, Block C, Damansara Intan,
No. 1, Jalan SS20/27,
47400 Petaling Jaya,
Selangor Darul Ehsan
Malaysia
|
| Outcome of Meeting |
The Board of Directors of MQ Technology Berhad (“the Company”) wishes to announce that all the Resolutions as set out in the Notice of the Extraordinary General Meeting (“EGM"), were duly passed by the shareholders of the Company at the EGM held on Tuesday, 11 April 2023.
This announcement is dated 11 April 2023. |
Voting Results |
|
1. ORDINARY RESOLUTION 1
|
| Description |
PROPOSED ACQUISITION OF PART OF LEASEHOLD LAND IN KLEBANG, MELAKA MEASURING UP TO 7.155 ACRES WITHIN A LARGER PARCEL OF LAND (MEASURING APPROXIMATELY 10.727 ACRES) IDENTIFIED AS PN 63030, LOT 1, KAWASAN BANDAR XLV, DISTRICT OF MELAKA TENGAH, STATE OF MELAKA ("PROPERTY") BY STAR ACRES SDN BHD ("PURCHASER"), A WHOLLY-OWNED SUBSIDIARY OF MQ TECH, FROM CASH SUPPORT SDN BHD ("VENDOR") FOR A CASH CONSIDERATION OF UP TO RM19,500,000 ("PURCHASE CONSIDERATION") ("PROPOSED ACQUISITION")
|
| Shareholder’s Action |
For Voting |
| Voted |
For |
Against |
| No. of Shareholders |
23 |
0 |
| No. of Shares |
334,799,303 |
0 |
| % of Voted Shares |
100.0000 |
0.0000 |
| Result |
Accepted |
|
2. ORDINARY RESOLUTION 2
|
| Description |
PROPOSED DIVERSIFICATION OF THE EXISTING BUSINESS OF MQ TECH AND ITS SUBSIDIARIES ("MQ TECH GROUP") TO INCLUDE PROPERTY DEVELOPMENT AND PROPERTY INVESTMENT (COLLECTIVELY, THE "PROPERTY BUSINESS") ("PROPOSED DIVERSIFICATION")
|
| Shareholder’s Action |
For Voting |
| Voted |
For |
Against |
| No. of Shareholders |
23 |
0 |
| No. of Shares |
334,799,303 |
0 |
| % of Voted Shares |
100.0000 |
0.0000 |
| Result |
Accepted |
|
3. ORDINARY RESOLUTION 3
|
| Description |
PROPOSED VARIATION OF UTILISATION OF PROCEEDS TO BE RAISED FROM THE SHARE ISSUANCE SCHEME OF UP TO 30% OF THE TOTAL NUMBER OF ISSUED SHARES IN MQ TECH ("MQ TECH SHARES") (EXCLUDING TREASURY SHARES, IF ANY) EFFECTED ON 30 NOVEMBER 2022 ("SIS") ("PROPOSED VARIATION")
|
| Shareholder’s Action |
For Voting |
| Voted |
For |
Against |
| No. of Shareholders |
23 |
0 |
| No. of Shares |
334,799,303 |
0 |
| % of Voted Shares |
100.0000 |
0.0000 |
| Result |
Accepted |
|
Please refer attachment below.
Announcement Info
| Company Name |
MQ TECHNOLOGY BERHAD
|
| Stock Name |
MQTECH |
| Date Announced |
11 Apr 2023 |
| Category |
General Meeting |
| Reference Number |
GMA-11042023-00005 |
| Corporate Action ID |
MY230411MEET0005 |