On behalf of the Board of Directors of the Company, we are pleased to inform that at the Eighteenth Annual General Meeting of the Company duly convened and held at Safira Country Club, Lot 2769 Mk. 1, Jalan Todak, Bandar Seberang Jaya, 13700 Perai on May 28, 2015 at 2.00 p.m. the following resolutions were duly passed:-
AS ORDINARY BUSINESSES
1. Declaration of a Final Single Tier Dividend of 6 sen per share for the year ended December 31, 2014.
2. Re-election of the following Directors retiring under the provision of Article 97(1) of Articles of Association of the Company:-
(a) Mr. Tsai Ming Ti
(b) Encik Fazrin Azwar Bin Dato’ Hj. Md. Nor
3. Re-appointment of Messrs. Crowe Horwath as Auditors of the Company for the ensuing year and to authorise the Board of Directors to fix their remuneration.
AS SPECIAL BUSINESSES
Ordinary Resolutions
4. Approval of the increase of Directors’ Fees from RM60,000.00 to amount up to RM72,000.00 for the financial year endedDecember 31, 2014 and payment of such fees to the Directors of the Company.
5. Approval for the Authority to Issue and Allot Shares pursuant to Section 132D of the Companies Act, 1965.
6. Approval for the Renewal of Authority to Purchase its own shares.
7. Approval of Renewal of Shareholders’ Mandate forRecurrent Related Party Transactions of a Revenue or Trading Nature.
8. Approval for the following Directors, who have served as Independent Non-Executive Directors of the Company for a cumulative term of more than nine years respectively, to continue to act as Independent Non-Executive Directors of the Company:-
(a)Encik Megat Abdul Munir
(b)Encik Fazrin Azwar Bin Dato’ Hj. Md. Nor
(c)Mr. Teh Eng Hin
This announcement is dated May 28, 2015.