Summary of the key matters discussed at the Twenty-Third Annual General Meeting held at No. 9 Jalan 3/91A Taman Shamelin Perkasa Cheras 56100 Kuala Lumpur on Tuesday, 30 August 2016 at 10.00 a.m.
Mr Loy Kwee Keow (“the Chairman”) presided as Chairman of the meeting. The Chairman called the meeting to order at 10.20 a.m. after confirmation of the requisite quorum being present pursuant to Article 63 of the Company’s Articles of Association. The Chairman highlighted to the shareholders that pursuant Paragraph 8.29A of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, all resolutions set out in the notice of the AGM must be voted by way of poll.
As there was no question from the shareholders, the Statutory Financial Statements for the year ended 31 March 2016 together with the Directors’ and Auditors’ Report thereon were received by the shareholders. The following Ordinary Resolutions were voted by way of poll and were duly passed by the shareholders at the Twenty-Third Annual General Meeting held on 30 August 2016:-
Approval of Directors’ Fees amounting to RM19,000.00 for the year ended 31 March 2016;
Re-election of Ms Gan Pik Mui as Director who retires to Article 82 Company’s Articles of Association;
Re-appointment of Ir. Liaw Boo Lai @ Leow Bong Lai (D.S.M.)
as a Director who retires pursuant to Section 129(6) of the Companies Act, 1965;
Retention of Ir. Liaw Boo Lai @ Leow Bong Lai (D.S.M.)
as Independent Director in accordance with the Malaysian Code on Corporate Governance 2012;
Re-appointment of Messrs KPMG as Auditors of the Company;
Retention of Mr Loy Kwee Keow as Independent Director in accordance with the Malaysian Code on Corporate Governance 2012;
Authority to allot and issue shares pursuant to Section 132D of the Companies Act, 1965.
There being no other matters to be transacted, the meeting was called to a close by the Chairman at 10.55 a.m.
with a vote of thanks accorded to the Chair.