GENERAL MEETINGS: Outcome of Meeting

RADIANT GLOBALTECH BERHAD

Type of Meeting Extraordinary
Indicator Outcome of Meeting
Date of Meeting 23 Oct 2020
Time 10:30 AM

Venue(s)
Broadcast Venue: Tricor Leadership Room, Unit 32-01, Level 32,

Tower A, Vertical Business Suite, Avenue 3,

Bangsar South, No. 8, Jalan Kerinchi,

59200 Kuala Lumpur, Wilayah Persekutuan,

Malaysia

Outcome of Meeting

The Board of Directors of Radiant Globaltech Berhad ("Radiant Globaltech" or "the Company") wishes to announce that the resolutions as prescribed in the Notice of Extraordinary General Meeting ("EGM") of the Company dated 8 October 2020 were duly passed by the shareholders of the Company by way of poll via remote participation and voting at the EGM of the Company.

The result of the poll was validated by Asia Securities Sdn. Bhd., the independent scrutineer appointed by the Company. 

Please refer to the attachment for the details of the outcome.

This announcement is dated 23 October 2020.


Voting Results


1. Ordinary Resolution 1

Description
Proposed acquisition of 80% equity interest in Grand-Flo Spritvest Sdn. Bhd. ("GF Spritvest"), comprising 800,000 ordinary shares in GF Spritvest currently held by Grand-Flo Berhad, for a total cash consideration of RM11,600,000 ("Proposed Acquisition")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 27 0
No. of Shares 365,274,500 0
% of Voted Shares 100.0000 0.0000
Result Accepted

2. Ordinary Resolution 2

Description
Proposed variation to the utilisation of proceeds of RM11,480,000 raised from Radiant Globaltech's Initial Public Offering which was completed on 24 July 2018 to part-finance the Proposed Acquisition
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 27 0
No. of Shares 365,274,500 0
% of Voted Shares 100.0000 0.0000
Result Accepted






Announcement Info

Company Name RADIANT GLOBALTECH BERHAD
Stock Name RGTECH
Date Announced 23 Oct 2020
Category General Meeting
Reference Number GMA-23102020-00014
Corporate Action ID MY201023MEET0011


Please refer attachment below.

  1. Radiant Globaltech Berhad - Poll Results.pdf