Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
Junior Ballroom 1, Doubletree by Hilton Johor Bahru,
No. 12, Jalan Ngee Heng, Ibrahim International Business District (IIBD
80888 Johor
Malaysia
Outcome of Meeting
The Board of Directors of Kuchai Development Berhad ("the Company") is pleased to announce that all the resolutions set out in the notice of the Extraordinary General Meeting ("EGM") dated 5 November 2025 were duly passed at the EGM held at Junior Ballroom 1, DoubleTree by Hilton Johor Darul Takzim, Malaysia on 28 November 2025.
All resolutions tabled at the EGM were voted by poll and results of the poll were validated by the appointed Independent Scrutineer, M/s Sky Corporate Services Sdn. Bhd. Please refer to the attachment for the poll results validated by the scrutineer.
Voting Results
1. ORDINARY RESOLUTION 1
Description
PROPOSED CASH DISTRIBUTION OF AN INDICATIVE RM55,417,427 VIA A SPECIAL CASH DIVIDEND ON THE BASIS OF RM0.448 PER ORDINARY SHARE IN KDB ("KDB SHARE(S)" OR "SHARE(S)") HELD ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED AT A LATER DATE ("PROPOSED DISTRIBUTION")
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
19
0
No. of Shares
65,952,043
0
% of Voted Shares
100.0000
0.0000
Result
Accepted
2. SPECIAL RESOLUTION 1
Description
PROPOSED VOLUNTARY WITHDRAWAL OF KDB FROM THE OFFICIAL LIST OF THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") PURSUANT TO PARAGRAPH 16.06 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA SECURITIES ("LISTING REQUIREMENTS") UPON COMPLETION OF THE PROPOSED DISTRIBUTION ("PROPOSED DELISTING")