The Board of Directors of CNI Holdings Berhad (the Company) wishes to announce that the Audited Financial Statements for the financial year ended 31 December 2013 and the Reports of the Directors and Auditors thereon were received and duly tabled at the 25th Annual General Meeting (AGM) of the Company under Agenda 1.
The following resolutions as set out in the Notice of 25th AGM dated 26 May 2014 were duly passed at the 25th AGM of the Company by show of hands:-
Ordinary Business
Ordinary Resolution 1-Re-election of Tan Sia Swee as Director of the Company in accordance with Article 91 of the Company’s Articles of Association.
Ordinary Resolution 2-Re-election of Chew Boon Swee as Director of the Company in accordance with Article 91 of the Company’s Articles of Association.
Ordinary Resolution 3-Re-election of Lim Lean Eng as Director of the Company in accordance with Article 91 of the Company’s Articles of Association.
Ordinary Resolution 4-Re-appointment of Messrs. Baker Tilly AC as Auditors of the Company for the financial year ending 31 December 2014 and authorisation to the Board of Directors to fix their remuneration.
Special Business
Ordinary Resolution 5 -Retention of Zulkifli Bin Mohamad Razali as an Independent Non-Executive Director of the Company.
Ordinary Resolution 6 -Authority for Directors to issue shares in the Company pursuant to Section 132D of the Companies Act, 1965.
Ordinary Resolution 7-Renewal of shareholder mandate and new shareholder mandate for recurrent related party transactions of a revenue or trading nature.
Ordinary Resolution 8-Renewal of share buy-back authority.