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General Meetings: Notice of Meeting
BackAug 12, 2022
| Type of Meeting | Extraordinary |
| Indicator | Notice of Meeting |
| Description |
HUA YANG BERHAD ("HYB" OR THE "COMPANY") - Notice of the Extraordinary General Meeting |
| Date of Meeting | 30 Aug 2022 |
| Time | 11:30 AM |
| Venue(s) |
4th Floor, C-21, Jalan Medan Selayang 1, Medan Selayang, 68100 Batu Caves, Selangor, |
| Date of General Meeting Record of Depositors | 24 Aug 2022 |
Resolutions |
|
1. Ordinary Resolution 1 |
|
| Description |
PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 88,000,000 NEW ORDINARY SHARES IN HYB ("HYB SHARE(S)" OR "SHARE(S)") ("RIGHTS SHARE(S)") ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 4 EXISTING HYB SHARES HELD, TOGETHER WITH UP TO 88,000,000 FREE DETACHABLE WARRANTS IN HYB ("WARRANT(S)") ON THE BASIS OF 1 WARRANT FOR EVERY 1 RIGHTS SHARE SUBSCRIBED FOR AT AN ISSUE PRICE AND ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER ("PROPOSED RIGHTS ISSUE WITH WARRANTS") |
| Shareholder’s Action | For Voting |
2. Ordinary Resolution 2 |
|
| Description |
PROPOSED EXEMPTION UNDER SUBPARAGRAPH 4.08(1)(B) OF THE RULES ON TAKE-OVERS, MERGERS AND COMPULSORY ACQUISITIONS ("RULES") TO HENG HOLDINGS SDN BHD ("HHSB") AND PERSONS ACTING IN CONCERT WITH IT ("PACS"), FROM THE OBLIGATION TO UNDERTAKE A MANDATORY OFFER FOR THE REMAINING HYB SHARES AND WARRANTS NOT ALREADY OWNED BY THEM PURSUANT TO THE PROPOSED RIGHTS ISSUE WITH WARRANTS ("PROPOSED EXEMPTION") |
| Shareholder’s Action | For Voting |
Announcement Info
| Company Name | HUA YANG BERHAD |
| Stock Name | HUAYANG |
| Date Announced | 12 Aug 2022 |
| Category | General Meeting |
| Reference Number | GMA-08082022-00004 |
| Corporate Action ID | MY220808MEET0004 |
Attachments
- HYB_-_Notice_of_EGM_(20220812).pdf (Size: 508,987 bytes)