|Type of Meeting||Extraordinary|
|Indicator||Outcome of Meeting|
|Date of Meeting||27 Jul 2023|
Level 4, Menara MBSB Bank, PJ Sentral,
Outcome of Meeting
The Board of Directors of Malaysia Building Society Berhad ("MBSB" or "Company") wishes to announce that the shareholders of the Company had approved the resolution as set out in the Notice of Extraordinary General Meeting (“EGM”) dated 12 July 2023 at the EGM of the Company held on 27 July 2023.
The resolution was voted by poll and results of the poll were validated by Coopers Professional Scrutineers Sdn Bhd, the independent scrutineer appointed by the Company.
Please refer to the attachment for the poll result.
This announcement is dated 27 July 2023.
1. ORDINARY RESOLUTION
|Description||PROPOSED ACQUISITION BY MALAYSIA BUILDING SOCIETY BERHAD ("MBSB" OR THE "COMPANY") OF 100% EQUITY INTEREST IN MALAYSIAN INDUSTRIAL DEVELOPMENT FINANCE BERHAD ("MIDF") FROM PERMODALAN NASIONAL BERHAD ("PNB" OR "VENDOR") FOR A FINAL PURCHASE CONSIDERATION OF RM1,014,295,048.55 TO BE SATISFIED VIA THE ISSUANCE AND ALLOTMENT OF 1,050,828,629 NEW ORDINARY SHARES IN MBSB ("FINAL CONSIDERATION SHARE(S)") AT AN ISSUE PRICE OF RM0.9652 (ROUNDED TO 4 DECIMAL POINTS FOR DISCLOSURE PURPOSES) PER FINAL CONSIDERATION SHARE ("PROPOSED ACQUISITION")|
|Shareholder’s Action||For Voting|
|No. of Shareholders||656||105|
|No. of Shares||5,005,888,699||326,884|
|% of Voted Shares||99.9935||0.0065|
Please refer attachment below.
|Company Name||MALAYSIA BUILDING SOCIETY BERHAD|
|Date Announced||27 Jul 2023|
|Corporate Action ID||MY230727MEET0011|