GENERAL MEETINGS: Outcome of Meeting
| RESERVOIR LINK ENERGY BHD |
| Type of Meeting | Extraordinary |
| Indicator | Outcome of Meeting |
| Date of Meeting | 30 Dec 2025 |
| Time | 02:00 PM |
| Venue(s) |
Tropicana Golf & Country Resort, Greens III, Sports Wing, Jalan Kelab Tropicana, 47410 Petaling Jaya, Selangor Malaysia |
| Outcome of Meeting | The Board of Directors of Reservoir Link Energy Bhd ("RLEB" or "the Company") wished to announce that at the Extraordinary General Meeting of the Company held on 30 December 2025, the resolution as set out in the Notice of Meeting dated 15 December 2025 was duly passed by the shareholders by way of poll.
The result of the poll was duly verified by Scrutineer Solutions Sdn. Bhd., the independent Scrutineer appointed by the Company. Details of the result of the poll are set out below.
This announcement is dated 30 December 2025. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
PROPOSED ACQUISITION BY RESERVOIR LINK SDN BHD ("RLSB" OR THE "PURCHASER"), A WHOLLY-OWNED SUBSIDIARY OF RLEB, OF THE REMAINING 70% EQUITY INTEREST IT DOES NOT ALREADY OWN IN PROPEL MAXFLO SDN BHD ("MAXFLO"), FOR A PURCHASE CONSIDERATION OF APPROXIMATELY RM17.24 MILLION TO BE SATISFIED VIA A COMBINATION OF CASH PAYMENT OF APPROXIMATELY RM13.79 MILLION AND THE BALANCE OF APPROXIMATELY RM3.45 MILLION BY WAY OF ISSUANCE OF 18,688,347 NEW ORDINARY SHARES IN RLEB ("RLEB SHARE(S)" OR SHARE(S)") ("CONSIDERATION SHARE(S)") AT AN ISSUE PRICE OF RM0.1845 ("PROPOSED ACQUISITION")
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 29 | 2 |
| No. of Shares | 106,429,640 | 1,200 |
| % of Voted Shares | 99.9989 | 0.0011 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
PROPOSED ESTABLISHMENT OF A NEW LONG-TERM INCENTIVE PLAN ("LTIP") COMPRISING AN EMPLOYEES' SHARE OPTION SCHEME ("ESOS") AND A SHARE GRANT SCHEME, OF UP TO 15% OF THE TOTAL NUMBER OF ISSUED SHARES IN RLEB (EXCLUDING TREASURY SHARES) AT ANY POINT IN TIME DURING THE DURATION OF THE LTIP FOR THE ELIGIBLE DIRECTORS AND EMPLOYEES OF RLEB AND ITS SUBSIDIARIES (EXCLUDING DORMANT SUBSIDIARIES) ("RLEB GROUP" OR THE "GROUP") ("ELIGIBLE PERSONS") WHO FULFIL THE ELIGIBILITY CRITERIA AS SET OUT IN THE BY-LAWS GOVERNING THE LTIP, AFTER THE TERMINATION OF THE COMPANY'S EXISTING ESOS ("PROPOSED LTIP")
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 29 | 2 |
| No. of Shares | 106,429,540 | 1,300 |
| % of Voted Shares | 99.9988 | 0.0012 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
PROPOSED ALLOCATION OF LTIP AWARDS TO DATUK TAI HEE |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 16 | 3 |
| No. of Shares | 43,976,500 | 1,400 |
| % of Voted Shares | 99.9968 | 0.0032 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
PROPOSED ALLOCATION OF LTIP AWARDS TO THIEN CHIET CHAI |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 17 | 2 |
| No. of Shares | 43,976,600 | 1,300 |
| % of Voted Shares | 99.9970 | 0.0030 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
PROPOSED ALLOCATION OF LTIP AWARDS TO DATO' WAN HASSAN BIN MOHD JAMIL |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 17 | 2 |
| No. of Shares | 43,976,600 | 1,300 |
| % of Voted Shares | 99.9970 | 0.0030 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
PROPOSED ALLOCATION OF LTIP AWARDS TO DATO' AHMAD RIZAL BIN ABDUL RAHMAN |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 16 | 3 |
| No. of Shares | 43,976,500 | 1,400 |
| % of Voted Shares | 99.9968 | 0.0032 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
PROPOSED ALLOCATION OF LTIP AWARDS TO ELAIN BINTI LOCKMAN |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 16 | 3 |
| No. of Shares | 43,976,500 | 1,400 |
| % of Voted Shares | 99.9968 | 0.0032 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
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| Description |
PROPOSED ALLOCATION OF LTIP AWARDS TO REWI HAMID BUGO |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 16 | 3 |
| No. of Shares | 43,976,500 | 1,400 |
| % of Voted Shares | 99.9968 | 0.0032 |
| Result | Accepted | |
9. Ordinary Resolution 9 |
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| Description |
PROPOSED ALLOCATION OF LTIP AWARDS TO MAD HAIMI BIN ABU HASSAN |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 17 | 2 |
| No. of Shares | 43,976,600 | 1,300 |
| % of Voted Shares | 99.9970 | 0.0030 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | RESERVOIR LINK ENERGY BHD |
| Stock Name | RL |
| Date Announced | 30 Dec 2025 |
| Category | General Meeting |
| Reference Number | GMA-30122025-00003 |
| Corporate Action ID | MY251230MEET0003 |