GENERAL MEETINGS: Outcome of Meeting
| SCGM BHD |
| Type of Meeting | Extraordinary |
| Indicator | Outcome of Meeting |
| Date of Meeting | 16 Jul 2026 |
| Time | 10:30 AM |
| Venue(s) |
Creator Hotel Ballroom, 2nd Floor Kulai Centre Point, Lot 1566, Batu 20 Jalan Kulai-Air Hitam 81000 Kulai, Johor Malaysia |
| Outcome of Meeting |
Voting Results |
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1. ORDINARY RESOLUTION 1 |
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| Description |
PROPOSED CASH DISTRIBUTION OF APPROXIMATELY RM48.14 MILLION OR RM0.25 PER ORDINARY SHARE IN SCGM ("SCGM SHARE") HELD BY THE SHAREHOLDERS OF SCGM ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED AT A LATER DATE ("PROPOSED SPECIAL DIVIDEND")
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 28 | 0 |
| No. of Shares | 48,358,166 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
2. ORDINARY RESOLUTION 2 |
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| Description |
PROPOSED ACQUISITION BY SCGM OF THE ENTIRE EQUITY INTEREST IN ERAMAS GLOBAL GROUP SDN BHD FROM 7 INDIVIDUAL VENDORS ("VENDORS") FOR A TOTAL PURCHASE CONSIDERATION OF RM207.94 MILLION WHICH WILL BE FULLY SATISFIED THROUGH THE ISSUANCE OF 569,698,630 NEW SCGM SHARES AT AN ISSUE PRICE OF RM0.365 EACH ("PROPOSED ACQUISITION")
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 28 | 3 |
| No. of Shares | 48,358,166 | 3,146,900 |
| % of Voted Shares | 93.8901 | 6.1099 |
| Result | Accepted | |
3. ORDINARY RESOLUTION 3 |
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| Description |
PROPOSED OFFER FOR SALE BY THE VENDORS OF UP TO 95,300,000 SCGM SHARES ("OFFER SHARES") TO BUMIPUTERA INVESTORS APPROVED OR RECOGNISED BY THE MINISTRY OF INVESTMENT, TRADE AND INDUSTRY, INSTITUTIONAL INVESTORS AND SELECTED INVESTORS AT AN OFFER PRICE OF RM0.365 EACH ("PROPOSED OFFER FOR SALE")
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 28 | 0 |
| No. of Shares | 48,358,166 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
4. ORDINARY RESOLUTION 4 |
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| Description |
PROPOSED EXEMPTION UNDER SUBPARAGRAPH 4.08(1)(A) OF THE RULES ON TAKE-OVERS, MERGERS AND COMPULSORY ACQUISITIONS ("RULES") FOR THE VENDORS AND PERSONS ACTING IN CONCERT WITH THEM FROM THE OBLIGATION TO UNDERTAKE A MANDATORY TAKE-OVER OFFER TO ACQUIRE THE REMAINING SCGM SHARES NOT ALREADY OWNED BY THEM UPON COMPLETION OF THE PROPOSED ACQUISITION ("PROPOSED EXEMPTION")
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 28 | 0 |
| No. of Shares | 48,358,166 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
Announcement Info
| Company Name | SCGM BHD |
| Stock Name | SCGM |
| Date Announced | 16 Jul 2026 |
| Category | General Meeting |
| Reference Number | GMA-16072026-00002 |
| Corporate Action ID | MY260716MEET0002 |