GENERAL MEETINGS: Outcome of Meeting
| OCEANCASH PACIFIC BERHAD |
| Type of Meeting | Extraordinary |
| Indicator | Outcome of Meeting |
| Date of Meeting | 26 Nov 2025 |
| Time | 12:00 PM |
| Venue(s) |
Raya Room, Level 2, Bangi Resort Hotel Off Persiaran Bandar, 43650 Bandar Baru Bangi Selangor Darul Ehsan Malaysia |
| Outcome of Meeting | The Board of Directors of Oceancash Pacific Berhad ("OPB" or "Company") is pleased to announce that the resolution as set out in the Notice of the Extraordinary General Meeting ("EGM") dated 16 October 2025 was duly passed by the shareholders of the Company by way of poll at the EGM held today.
The results of the poll were validated by SME Advisor Sdn. Bhd., the independent scrutineer appointed by the Company.
Please refer to the attachment for details of the poll results.
This announcement is dated 26 November 2025. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
Proposed acquisition by Oceancash Pacific Berhad of 22,750,000 ordinary shares in Paragon Car Carpets & Components Sdn Bhd ("PCCCSB"), a wholly-owned subsidiary of Paragon Union Berhad ("PUB"), representing the entire equity interest in PCCCSB, for a purchase consideration of RM13.42 million (subject to adjustments) to be satisfied entirely in cash ("Proposed Acquisition")
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 11 | 0 |
| No. of Shares | 111,206,210 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | OCEANCASH PACIFIC BERHAD |
| Stock Name | OCNCASH |
| Date Announced | 26 Nov 2025 |
| Category | General Meeting |
| Reference Number | GMA-19112025-00006 |
| Corporate Action ID | MY251119MEET0005 |