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30 Aug 2023

GENERAL MEETINGS: Outcome of Meeting

Type of Meeting Extraordinary
Indicator Outcome of Meeting
Date of Meeting 30 Aug 2023
Time 02:30 PM
 
Venue(s) 
Remote Participation and Electronic Voting (RPEV) facilities

at https://meeting.boardroomlimited.my from the broadcast venue at

Grand Ballroom, Bayview Beach Resort, Batu Ferringhi Beach,

11100 Batu Ferringhi, Penang

Malaysia
 
Outcome of Meeting

Oriental Holdings Berhad ("the Company") wishes to announce that at the Extraordinary General Meeting ("EGM") of the Company held today, the sole ordinary resolution set out in the Notice of the EGM dated 15 August 2023 was duly passed by way of poll. The results of the poll were duly validated by Messrs Versatile Rising Sdn. Bhd., the independent Scrutineer appointed by the Company. This announcement is dated 30 August 2023. 
 

Voting Results
 

1. ORDINARY RESOLUTION
Description 
(I) PROPOSED ACQUISITION BY OHB OF THE REMAINING EQUITY INTERESTS IT DOES NOT ALREADY OWN IN 3 PLANTATION COMPANIES, NAMELY SELASIH PERMATA SDN BHD, ORIENTAL BOON SIEW (MAURITIUS) PTE LTD AND SOUTHERN PERAK PLANTATIONS SDN BHD (SPP) (PROPOSED SHARES ACQUISITIONS)

(II) PROPOSED ACQUISITIONS OF THE FOLLOWING PLANTATION ESTATES LOCATED IN PENINSULAR MALAYSIA BY SPP (PROPOSED LAND ACQUISITIONS):-
(A) OIL PALM PLANTATION LAND HELD UNDER 17 LAND TITLES MEASURING A TOTAL OF 77.51 HECTARES (HA) LOCATED ALONG JALAN ARA KUDA, MUKIM 19, DISTRICT OF SEBERANG PERAI TENGAH, PULAU PINANG, MALAYSIA (BUKIT LANGKAP ESTATE);
(B) OIL PALM PLANTATION LAND HELD UNDER 30 LAND TITLES MEASURING A TOTAL OF 1,704.24 HA LOCATED WITHIN MUKIM AND DISTRICT OF BENTONG, PAHANG, MALAYSIA (BENTONG ESTATE); AND
(C) OIL PALM PLANTATION LAND HELD UNDER 25 LAND TITLES MEASURING A TOTAL OF 1,668.60 HA LOCATED WITHIN THE DISTRICT OF KUALA MUDA, KEDAH DARUL AMAN (THYE GROUP ESTATE)
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 132 12
No. of Shares 107,462,201 136,503
% of Voted Shares 99.8731 0.1269
Result Accepted