Monday, May 9, 2011

Leong Hup Holdings postpones May 31 EGM to another date to be fixed

KUALA LUMPUR: Poultry-based LEONG HUP HOLDINGS BHD [] has postponed the proposed extraordinary general meeting (EGM) which was earlier fixed on May 31 to another date yet to be fixed.

The company, via AmInvestment Bank Bhd, said on Monday, May 9 that it would not convene the EGM which was earlier scheduled to be held at the Riverview Hotel in Muar at 11am on that day.

Among the resolutions was to seek shareholders' approval for the proposal disposal of its entire business and undertakings, including all assets and liabilities, to Emerging Glory Sdn Bhd for a total consideration of RM318.65 million or RM1.80 per share.

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