GENERAL MEETINGS: Outcome of Meeting

OCK GROUP BERHAD

Type of Meeting Extraordinary
Indicator Outcome of Meeting
Date of Meeting 16 Apr 2025
Time 10:00 AM

Venue(s) 
Suite I & II, Mercure Kuala Lumpur Glenmarie,

Jalan Kontraktor U1/14,

Seksyen U1,

40150 Shah Alam, Selangor

Malaysia

Outcome of Meeting

The Board of Directors of OCK Group Berhad ("OCK") is pleased to announce that the resolution as set out in the Notice of the Extraordinary General Meeting ("EGM") of OCK dated 19 March 2025 was duly passed by way of poll at the EGM of OCK duly convened and held on Wednesday, 16 April 2025.

The results of the poll were validated by Strategic Capital Advisory Sdn. Bhd., the Independent Scrutineer appointed for the purpose.

The details of the poll results are set out below.

This announcement is dated 16 April 2025.

Voting Results

1. 1

Description 
PROPOSED INVESTMENT BASED ON AN INDICATIVE ENTERPRISE VALUE OF RM350.00 MILLION IN SOLARPACK ASIA SDN BHD AND INDIRECTLY IN SOLARPACK SURIA SUNGAI PETANI SDN BHD, THE DEVELOPER, OWNER AND OPERATOR OF A 116 MW OPERATIONAL SOLAR PHOTOVOLTAIC PLANT LOCATED IN SUNGAI PETANI, KEDAH, AWARDED UNDER THE THIRD LARGE-SCALE SOLAR PROGRAMME, ENTAILING THE INDICATIVE CONSIDERATION OF RM91.00 MILLION PAYABLE BY OCK GROUP BERHAD FOR THE SUBSCRIPTION OF OCK'S RPS AND THE LOAN NOVATION BASED ON THE SAID ENTERPRISE VALUE AND SUBJECT TO WORKING CAPITAL, DEBT AND CASH AND CASH EQUIVALENTS ADJUSTMENTS TO BE DETERMINED AT CLOSING ("PROPOSED INVESTMENT")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 83 1
No. of Shares 538,518,749 5,955,500
% of Voted Shares 98.9062 1.0938
Result Accepted





Announcement Info

Company Name OCK GROUP BERHAD
Stock Name OCK
Date Announced 16 Apr 2025
Category General Meeting
Reference Number GMA-16042025-00009
Corporate Action ID MY250416MEET0009


Please refer attachment below.

  1. OCK - EGM - Voting Result.pdf