MAGMA

0.280

-0.005 (-1.8%)

GENERAL MEETINGS: Outcome of Meeting

MAGMA GROUP BERHAD

Type of Meeting	Extraordinary
Indicator	Outcome of Meeting
Date of Meeting	30 Jun 2026
Time	12:00 PM

Venue(s)

Room Perak 1 & 2, Upper Ground Floor,

Impiana Hotel Ipoh,

18 Jalan Sultan Nazrin Shah,

30250 Ipoh, Perak

Malaysia

Outcome of Meeting

The Board of Directors of Magma Group Berhad ("Magma" or "the Company") is pleased to announce that the Resolution as set out in the Notice of the Extraordinary General Meeting ("EGM") of the Company dated 12 June 2026 was duly passed by way of poll at the EGM of the Company held today.

The results of the poll were validated by SKY Corporate Services Sdn Bhd, the independent scrutineer appointed by the Company.

This announcement is dated 30 June 2026.

Voting Results

1. ORDINARY RESOLUTION
Description	PROPOSED SET-OFF OF REDEMPTION PRICE PURSUANT TO THE REDEMPTION OF 47,712,000 OUTSTANDING REDEEMABLE NON-CONVERTIBLE PREFERENCE SHARES IN MAGMA ("RPS") AMOUNTING TO RM47,712,000 PAYABLE TO THE RPS HOLDER VIA THE ISSUANCE OF 166,417,858 NEW ORDINARY SHARES IN MAGMA ("MAGMA SHARE(S)" OR "SHARE(S)") ("SUBSCRIPTION SHARE(S)") AT AN ISSUE PRICE OF RM0.2867 PER SUBSCRIPTION SHARE ("PROPOSED RPS SET-OFF")
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	31	2
No. of Shares	277,542,263	360
% of Voted Shares	99.9999	0.0001
Result	Accepted

Please refer attachment below.

Attachments

Magma Group Berhad - EGM Results.pdf
441.4 kB

Announcement Info

Company Name	MAGMA GROUP BERHAD
Stock Name	MAGMA
Date Announced	30 Jun 2026
Category	General Meeting
Reference Number	GMA-30062026-00008
Corporate Action ID	MY260630MEET0008

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