Ler Lum & Co - Chartered Accountants

 
 

Corporate Recovery Services

Scheme of Arrangement Pursuant to Section 176 of the Companies Act 1965 between Korakyat Plantations Sdn Bhd (In Liquidation) and the Purchasers for the Rehabilitation of Taman Perindustrian Subang Mewah.


Result of the court convened meeting

Present and Voting
"For"
"Against" / "Abstain"
How Present
Number of Purchasers
In Value
(RM)
Number of Purchasers
In Value
(RM)
Number of Purchasers
In Value
(RM)
In Person inclusive of Corporate Representative


By Proxy

121

 

226

32,766,101.06

 

59,579,510.65

109

 

224

30,060,222.00

 

59,338,910.65

12

 

2

2,705,879.06

 

240,600.00

Total
347
92,345,611.71
333
89,399,132.65
14
2,946,479.06

Although the total number of participants at the Court Convened Meeting were 407, 60 of them were not accepted as Purchasers having regard to the provisions of Section 293 of the Companies Act 1965.





Home | Industries Served | Topic of Interest | International Associate | Useful Links | Existing Items For Tender | Legal Disclaimer


LER LUM
 www.lerlum-hlb.com

                  A member of HLB International,
                  A Worldwide organization of accounting firm and business advisers.