ORIENT

7.040

-0.01 (-0.1%)

GENERAL MEETINGS: Outcome of Meeting

ORIENTAL HOLDINGS BERHAD

Type of Meeting Extraordinary
Indicator Outcome of Meeting
Date of Meeting 13 Feb 2026
Time 02:30 PM

Venue(s) 
Plenitude Grand Ballroom, Level 3

Ascott Gurney Penang

No. 18, Gurney Drive

10250 George Town, Penang

Malaysia

Outcome of Meeting

Oriental Holdings Berhad (the "Company") wishes to announce that at the Extraordinary General Meeting ("EGM") of the Company held today, the ordinary resolution set out in the Notice of the EGM dated 29 January 2026 was duly passed by way of poll. The results of the poll were duly validated by Messrs Braxton Consulting Sdn. Bhd., the Independent Scrutineer appointed by the Company. 

Voting Results

1. ORDINARY RESOLUTION

Description 
(I)	PROPOSED ACQUISITION BY ORIENTAL HOLDINGS BERHAD ("OHB" OR THE "COMPANY") OF 100% EQUITY INTEREST IN NORTHAM GEORGETOWN SDN BHD FROM BOON SIEW SDN BERHAD FOR A CASH CONSIDERATION OF RM167.00 MILLION;

(II)	PROPOSED ACQUISITION BY FARQUHAR PROPERTIES SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF OHB, OF BAYVIEW HOTEL GEORGETOWN AND WISMA BOON SIEW FROM BOON SIEW SDN BERHAD FOR A CASH CONSIDERATION OF RM153.00 MILLION; AND

(III)	PROPOSED ACQUISITION BY NORTHAM LANGKAWI SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF OHB, OF BAYVIEW HOTEL LANGKAWI FROM BOON SIEW DEVELOPMENT SDN BHD FOR A CASH CONSIDERATION OF RM91.00 MILLION,

WHICH TOTAL CASH CONSIDERATION SHALL AMOUNT TO RM411.00 MILLION
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 100 9
No. of Shares 55,581,444 158,144
% of Voted Shares 99.7163 0.2837
Result Accepted





Announcement Info

Company Name ORIENTAL HOLDINGS BERHAD
Stock Name ORIENT
Date Announced 13 Feb 2026
Category General Meeting
Reference Number GMA-06022026-00005
Corporate Action ID MY260206MEET0005


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