GENERAL MEETINGS: Outcome of Meeting

DAGANG NEXCHANGE BERHAD

Type of Meeting Extraordinary
Indicator Outcome of Meeting
Date of Meeting 18 Jun 2021
Time 10:00 AM

Venue(s) 
Boardroom, Level 7, Dagang Net Tower

Block 10 (A & B) Corporate Park, Star Central

Lingkaran Cyberpoint Timur, Cyber 12

63000 Cyberjaya, Selangor,

Malaysia

Outcome of Meeting

Dagang NeXchange Berhad ("DNeX" or "the Company") is pleased to announce that the resolution as set out in the Notice of the Extraordinary General Meeting ("EGM") dated 3 June 2021 was voted on poll at the virtual EGM of the Company held on 18 June 2021.

The results of the poll were verified by Cygnus Technology Solutions Sdn Bhd, the independent Scrutineer appointed by the Company. The details of the poll results are set out in the table below.

This announcement is dated 18 June 2021.

Voting Results

1. Ordinary Resolution

Description 
Proposed Acquisition by Dagang NeXChange Berhad ("DNeX") of 60% of the issued share capital in PING Petroleum Limited for a purchase consideration of USD78,000,000 to be satisfied via a combination of cash, issuance of new ordinary shares in DNeX, and issuance of redeemable preference shares in DNeX Energy Sdn Bhd, a wholly-owned subsidiary of DNeX
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 221 46
No. of Shares 593,369,007 5,992,908
% of Voted Shares 99.0001 0.9999
Result Accepted





Announcement Info

Company Name DAGANG NEXCHANGE BERHAD
Stock Name DNEX
Date Announced 18 Jun 2021
Category General Meeting
Reference Number GMA-18062021-00009
Corporate Action ID MY210618MEET0008


Please refer attachment below.

  1. DNeX-Poll Result (18.06.2021).pdf