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13 Feb 2026
GENERAL MEETINGS: Outcome of Meeting
| Type of Meeting | Extraordinary |
| Indicator | Outcome of Meeting |
| Date of Meeting | 13 Feb 2026 |
| Time | 02:30 PM |
| Venue(s) |
Plenitude Grand Ballroom, Level 3 Ascott Gurney Penang No. 18, Gurney Drive 10250 George Town, 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 ordinary resolution set out in the Notice of the EGM dated 29 January 2026 was duly passed by way of poll. The results of the poll were duly validated by Messrs Braxton Consulting Sdn. Bhd., the Independent Scrutineer appointed by the Company. |
Voting Results |
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1. ORDINARY RESOLUTION |
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| Description |
(I) PROPOSED ACQUISITION BY ORIENTAL HOLDINGS BERHAD ("OHB" OR THE "COMPANY") OF 100% EQUITY INTEREST IN NORTHAM GEORGETOWN SDN BHD FROM BOON SIEW SDN BERHAD FOR A CASH CONSIDERATION OF RM167.00 MILLION;
(II) PROPOSED ACQUISITION BY FARQUHAR PROPERTIES SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF OHB, OF BAYVIEW HOTEL GEORGETOWN AND WISMA BOON SIEW FROM BOON SIEW SDN BERHAD FOR A CASH CONSIDERATION OF RM153.00 MILLION; AND
(III) PROPOSED ACQUISITION BY NORTHAM LANGKAWI SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF OHB, OF BAYVIEW HOTEL LANGKAWI FROM BOON SIEW DEVELOPMENT SDN BHD FOR A CASH CONSIDERATION OF RM91.00 MILLION,
WHICH TOTAL CASH CONSIDERATION SHALL AMOUNT TO RM411.00 MILLION
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 100 | 9 |
| No. of Shares | 55,581,444 | 158,144 |
| % of Voted Shares | 99.7163 | 0.2837 |
| Result | Accepted | |