GENERAL MEETINGS: Outcome of Meeting

ICONIC WORLDWIDE BERHAD

Type of Meeting Extraordinary
Indicator Outcome of Meeting
Date of Meeting 22 Dec 2023
Time 10:30 AM

Venue(s)
Online Meeting Platform

via TIIH Online website at https://tiih.online provided

by Tricor Investor & Issuing House Services Sdn Bhd

Malaysia

Outcome of Meeting

The Board of Directors of Iconic Worldwide Berhad wishes to announce that all the resolution as set out in the Notice of Extraordinary General Meeting ("EGM") dated 7 December 2023 were duly passed by way of poll voting at the EGM of the Company held on 22 December 2023.

The results of the poll were validated by Messrs UHY, the Independent Scrutineer appointed by the Company. The results of the poll of the EGM is attached herewith.


Voting Results


1. Ordinary Resolution1

Description
PROPOSED ACQUISITION OF THE ENTIRE EQUITY INTEREST IN GOLDENLUCK DEVELOPMENT SDN BHD (GOLDENLUCK) FOR A TOTAL PURCHASE
CONSIDERATION OF RM39,800,000 (PURCHASE CONSIDERATION) TO BE FULLY SATISFIED BY CASH (PROPOSED ACQUISITION)
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 53 7
No. of Shares 94,646,753 3,430,600
% of Voted Shares 96.5021 3.4979
Result Accepted

2. Ordinary Resolution 2

Description
PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,124,706,544 NEW ORDINARY SHARES IN ICONIC (ICONIC SHARE(S) or SHARE(S)) (RIGHTS
SHARES) ON THE BASIS OF 2 RIGHTS SHARES FOR EVERY 1 EXISTING SHARE HELD, TOGETHER WITH UP TO 749,804,362 FREE DETACHABLE WARRANTS IN
ICONIC (WARRANTS) ON THE BASIS OF 2 WARRANTS FOR EVERY 3 RIGHTS SHARES SUBSCRIBED BY THE ENTITLED SHAREHOLDERS OF THE COMPANY
ON THE ENTITLEMENT DATE TO BE DETERMINED (PROPOSED RIGHTS ISSUE WITH FREE WARRANTS)
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 49 11
No. of Shares 94,628,052 3,449,301
% of Voted Shares 96.4831 3.5169
Result Accepted

3. Ordinary Resolution 3

Description
PROPOSED EXEMPTION UNDER PARAGRAPH 4.08(1)(B) AND 4.08(1)(C) OF THE RULES ON TAKE-OVERS, MERGERS AND COMPULSORY ACQUISITIONS
ISSUED BY THE SECURITIES COMMISSION MALAYSIA (SC) (RULES) TO DATO SERI TAN KEAN TET AND ANY PERSONS ACTING IN CONCERT (PACs)
WITH HIM FROM THE OBLIGATION TO UNDERTAKE A MANDATORY TAKE-OVER OFFER ON THE REMAINING ORDINARY SHARES IN ICONIC NOT ALREADY
OWNED BY THEM, PURSUANT TO THE UNDERTAKING BY DATO SERI TAN KEAN TET AND MODERN REWARDS SDN BHD (BEING A PAC TO DATO SERI TAN
KEAN TET) TO SUBSCRIBE FOR THE RIGHTS SHARES (INCLUDING EXCESS RIGHTS SHARES) (UNDERTAKINGS) AND EXERCISE OF WARRANTS BY DATO
SERI TAN KEAN TET AND MODERN REWARDS SDN BHD (PROPOSED EXEMPTION)
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 50 9
No. of Shares 98,028,402 48,901
% of Voted Shares 99.9501 0.0499
Result Accepted






Announcement Info

Company Name ICONIC WORLDWIDE BERHAD
Stock Name ICONIC
Date Announced 22 Dec 2023
Category General Meeting
Reference Number GMA-22122023-00007
Corporate Action ID MY231222MEET0007


Please refer attachment below.

  1. IWB EGM 22.12.2023-poll result.pdf