Date : 24 January 2025
GENERAL MEETINGS: Outcome of Meeting
| HEXTAR INDUSTRIES BERHAD |
| Type of Meeting | Extraordinary |
| Indicator | Outcome of Meeting |
| Date of Meeting | 24 Jan 2025 |
| Time | 10:00 AM |
| Venue(s) |
Broadcast Venue at No. 64, Jalan Bayu Laut 4/KS09, Kota Bayuemas, 41200 Klang, Selangor Malaysia |
| Outcome of Meeting | The Board of Directors of Hextar Industries Berhad ("Company") is pleased to announce that all the resolutions as prescribed in the Notice of Extraordinary General Meeting ("EGM") of the Company dated 20 December 2024 were duly passed by the shareholders of the Company by way of poll via remote participation and voting at the EGM of the Company.
The details of the result of the poll are set out below.
This announcement is dated 24 January 2025. |
Voting Results |
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1. ORDINARY RESOLUTION 1 |
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| Description |
PROPOSED DISPOSAL BY SIN CHEE HENG SDN BHD (“SCH”), A WHOLLY-OWNED SUBSIDIARY OF HIB, OF A PARCEL OF LAND TOGETHER WITH THE BUILDINGS ERECTED THEREON HELD UNDER TITLE NO. HSM 13156, PT 23677, LOCATED IN THE MUKIM OF CHERAS, DISTRICT OF ULU LANGAT, STATE OF SELANGOR (“CHERAS PROPERTY”) TO PACIFIC TRUSTEES BERHAD (“PACIFIC TRUSTEES”), BEING THE TRUSTEE OF KIP REAL ESTATE INVESTMENT TRUST (“KIP REIT”), FOR A TOTAL CASH CONSIDERATION OF RM22.60 MILLION |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 48 | 10 |
| No. of Shares | 285,293,074 | 7,902 |
| % of Voted Shares | 99.9972 | 0.0028 |
| Result | Accepted | |
2. ORDINARY RESOLUTION 2 |
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| Description |
PROPOSED DISPOSAL BY PK FERTILIZERS SDN BHD (“PKF”), AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF HIB, OF THE REMAINING UNEXPIRED PERIOD OF A LEASE CREATED OVER A PARCEL OF LAND TOGETHER WITH THE BUILDINGS ERECTED THEREON HELD UNDER TITLE NO. GRN 489953, LOT NO. 66247, LOCATED IN THE MUKIM OF PLENTONG, DISTRICT OF JOHOR BAHRU, STATE OF JOHOR (“PASIR GUDANG PROPERTY”) TO PACIFIC TRUSTEES BERHAD (“PACIFIC TRUSTEES”), BEING THE TRUSTEE OF KIP REAL ESTATE INVESTMENT TRUST (“KIP REIT”), FOR A TOTAL CASH CONSIDERATION OF RM23.30 MILLION |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 48 | 10 |
| No. of Shares | 285,293,074 | 7,902 |
| % of Voted Shares | 99.9972 | 0.0280 |
| Result | Accepted | |
3. ORDINARY RESOLUTION 3 |
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| Description |
PROPOSED CREATION OF TENANCY OF THE CHERAS PROPERTY BY SCH FROM PACIFIC TRUSTEES |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 47 | 11 |
| No. of Shares | 285,288,074 | 12,902 |
| % of Voted Shares | 99.9955 | 0.0045 |
| Result | Accepted | |
4. ORDINARY RESOLUTION 4 |
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| Description |
PROPOSED CREATION OF TENANCY OF THE PASIR GUDANG PROPERTY BY PKF FROM PACIFIC TRUSTEES |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 47 | 11 |
| No. of Shares | 285,288,074 | 12,902 |
| % of Voted Shares | 99.9955 | 0.0045 |
| Result | Accepted | |
5. ORDINARY RESOLUTION 5 |
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| Description |
PROPOSED TENANCY WITH PACIFIC TRUSTEES FOR THE TENANCY OF A PARCEL OF LAND TOGETHER WITH THE BUILDINGS ERECTED THEREON HELD UNDER TITLE NO. LOT 3122 BLOCK 26, KEMENA LAND DISTRICT, TRN 09-LCLS-032-026-03122, LOCALITY OF JALAN KIDURONG, DIVISION OF BINTULU, STATE OF SARAWAK (“BINTULU PROPERTY”) |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 48 | 10 |
| No. of Shares | 285,293,074 | 7,902 |
| % of Voted Shares | 99.9972 | 0.0028 |
| Result | Accepted | |
Announcement Info
| Company Name | HEXTAR INDUSTRIES BERHAD |
| Stock Name | HEXIND |
| Date Announced | 24 Jan 2025 |
| Category | General Meeting |
| Reference Number | GMA-24012025-00005 |
| Corporate Action ID | MY250124MEET0005 |