275 OTHER INFORMAT ION Sect ion 06 Annual Report 2022 Ordinary Resolution 11 10. Proposed New Shareholders’ Mandate For Additional Recurrent Related Party Transactions (“Additional RRPT”) Of A Revenue Or Trading Nature (“Proposed New Shareholders’ Mandate”) “THAT subject to the provisions of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”) the Company and/or its subsidiary companies (“the Group”) be and are hereby authorised to enter into and give effect to the recurrent related party transactions of a revenue or trading nature with the related parties as set out in Section 2.5(II) Part B of the Circular to Shareholders dated 25 April 2023 (“the Related Parties”) provided that such transactions and/or arrangements are: (a) necessary for the day-to-day operations of the Group; (b) undertaken in the ordinary course of business and at arm’s length basis and on normal commercial terms which are not more favourable to the Related Party than those generally available to the public; and (c) are not prejudicial to the minority shareholders of the Company. (“the Shareholders’ Mandate”) THAT such approval shall continue to be in force until: (a) the conclusion of the next Annual General Meeting (“AGM”) of the Company following this AGM at which the Shareholders’ Mandate is passed, at which time it will lapse, unless by a resolution passed at such AGM whereby the authority is renewed; or (b) the expiration of the period within the next AGM of the Company after that date is required to be held pursuant to Section 340(1) of the Companies Act 2016 (“the Act”) (but shall not extend to such extension as may be allowed pursuant to Section 340(4) of the Act); or (c) revoked or varied by resolution passed by the shareholders of the Company in a general meeting, whichever is the earliest; THAT the Directors of the Company be and are hereby authorised to complete and do all such acts and things (including executing all such documents as may be required) as they may consider expedient or necessary to give effect to the Shareholders’ Mandate; AND THAT the estimated value of the recurrent related party transactions specified in Section 2.5(II) Part B of the Circular being provisional in nature, the Directors of the Company be and are hereby authorised to agree to the actual amount(s) thereof provided always that such amount(s) comply with the review procedures set out in Section 3.0 Part B of the Circular.” 11. To transact any other business of which due notice shall have been given in accordance with the Companies Act 2016 and the Constitution of the Company. BY ORDER OF THE BOARD LAU BEY LING (MAICSA 7001523) (PC No. 201908004064) LEONG SHIAK WAN (MAICSA 7012855) (PC No. 202008002757) Company Secretaries Johor Bahru 25 April 2023 MEMBERS ENTITLED TO ATTEND AND PARTICIPATE In respect of deposited securities, only a member whose name appears in the General Meeting Record of Depositors as of 10 May 2023, Wednesday shall be entitled to attend, participate, speak and vote at the 9th AGM. NOT I CE OF ANNUAL GENERAL MEET ING
RkJQdWJsaXNoZXIy ODQxNzg=