annual report 2014
I
5
Notice of Annual General Meeting (Cont’d)
Notes:- (Cont’d)
iv.
The instrument appointing a proxy shall be in writing under the hand of the appointor or of his attorney duly authorised
in writing or, if the appointer is a corporation, the proxy form must be executed under its Common Seal or under the
hand of an office, attorney or other person duly authorised to sign the same.
v.
The instrument appointing a proxy must be deposited at the Company’s registered office in Malaysia i.e. Level 18,
The Gardens North Tower, Mid Valley City, Lingkaran Syed Putra, 59200 Kuala Lumpur not less than forty-eight (48)
hours before the time for holding the meeting i.e. on or before 10.00 a.m., Monday, 15 June 2015 or any adjournment
thereof.
vi.
Only members whose names appear in the Record of Depositors as at 11 June 2015 will be entitled to attend and
vote at the meeting or appoint proxy (proxies) to attend and vote on their behalf.
Explanatory Notes:-
1.
Item 1 of the Agenda
The Agenda item is meant for discussion only as the provision of Section 84 of the Bermuda Companies Act, 1981
does not require a formal approval of the shareholders for the Audited Financial Statements. Hence, this Agenda
item is not put forward for voting.
2.
Item 5 of the Agenda – Ordinary Resolution 6
The proposed resolution, if passed, will enable the Group to enter into the Recurrent Related Party Transactions of
a Revenue or Trading Nature which are necessary for the Groups day-to-day operations, subject to the transactions
being in the ordinary course of business and on normal commercial terms which are not more favourable to the
related parties than those generally available to the public and are not to the detriment of the minority shareholders
of the Company.
For further information, please refer to the Circular to Shareholders of the Company dated 25 May 2015.
3.
Item 6 of the Agenda – Ordinary Resolution 7
The proposed resolution, if passed, will allow the Company to purchase its own shares up to 10% of the total issued
and paid-up capital of the Company by utilising the funds allocated which shall not exceed the earnings and/or share
premium of the Company.
For further information, please refer to the Circular to Shareholders of the Company dated 25 May 2015.
4.
Item 7 of the Agenda – Ordinary Resolution 8
The proposed resolution is primarily to give flexibility to the Board of Directors to issue shares to such persons at any
time in their absolute discretion without convening a general meeting. This authorisation will expire at the conclusion
of the next Annual General Meeting of the Company.
As at the date of this Notice, no new shares in the Company were issued pursuant to the mandate granted to the
Directors at the Fifth Annual General Meeting held on 20 June 2014 and which will lapse at the conclusion of the
Sixth Annual General Meeting.
The purpose of this general mandate is for fund raising exercises including but not limited to further placement of
shares for purposes of funding current and/or future investment projects, working capital, acquisition and/or for
issuance of shares as settlement of purchase consideration.
