280 OTHER INFORMAT ION 06 Sect ion Ranhi ll Ut i l i t i es Berhad 1) Details Of Individuals Who Are Seeking Election No individual is seeking election as a Director (other than those Directors who are standing for re-election as Directors) at the forthcoming 9th AGM of the Company. 2) Statement Relating To General Mandate For Issue Of Securities In Accordance With Paragraph 6.03(3) Of The Main Market Listing Requirements Of Bursa Malaysia Securities Berhad Ordinary Resolution 7 set out in the Notice of the 9th AGM of the Company will give a renewed mandate to the Directors of the Company pursuant to Sections 75 and 76 of the Companies Act, 2016 (“Renewed Mandate”) for such purposes as the Directors may deem fit and in the interest of the Company. The Renewed Mandate, unless revoked or varied at a general meeting, will expire at the conclusion of the next AGM of the Company. As at the date of the Notice of the 9th AGM, the Directors have not utilised the mandate granted to the Directors at the 8th AGM of the Company held on 2 June 2022 and the said mandate will lapse at the conclusion of the forthcoming 9th AGM of the Company. The Company is seeking approval from shareholders on the Renewed Mandate for the purpose of possible fundraising exercises including but not limited to placement of shares for purpose of funding future investment project(s), working capital and/or acquisitions and to avoid delay and cost in convening a general meeting to approve such issue of shares. STATEMENT ACCOMPANYING THE NOTICE OF ANNUAL GENERAL MEETING Pursuant to Paragraph 8.27(2) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad
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