GENERAL MEETINGS: Outcome of Meeting

TROPICANA CORPORATION BERHAD

Type of Meeting Extraordinary
Indicator Outcome of Meeting
Date of Meeting 23 Jun 2023
Time 12:00 PM

Venue(s) 
Online Platform via Securities Services ePortal

at https://sshsb.net.my/ provided by

SS E Solutions Sdn Bhd in

Malaysia

Outcome of Meeting

The Board of Directors of Tropicana Corporation Berhad ("the Company") is pleased to announce that at its Extraordinary General Meeting ("EGM") held on 23 June 2023, the shareholders of the Company had approved the resolution set out in the Notice of EGM dated 8 June 2023.

The resolution was voted by poll and the result of the poll was validated by Commercial Quest Sdn Bhd, the Independent Scruitneer appointed by the Company is set out below.

Voting Results

1. Ordinary Resolution

Description 
Proposed Capitalisation of the advances amounting to RM180,000,000 owing to a Director of Tropicana Corporation Berhad ("TCB" or the "Company"), namely Tan Sri Dato' Tan Chee Sing ("TSDT") through the issuance of 137,677,833 new ordinary shares in TCB ("Shares" or "TCB Shares") at an issue price of RM1.3074 per share to a company wholly owned by TSDT, namely T Shares 1 Sdn Bhd ("Proposed Capitalisation")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 153 28
No. of Shares 51,038,521 24,474
% of Voted Shares 99.9521 0.0479
Result Accepted





Announcement Info

Company Name TROPICANA CORPORATION BERHAD
Stock Name TROP
Date Announced 23 Jun 2023
Category General Meeting
Reference Number GMA-22062023-00031
Corporate Action ID MY230622MEET0030