Frontken Corporation Berhad Annual Report 2014 - page 134

133
FRONTKEN CORPORATION BERHAD
(651020-T)
ANNUAL REPORT 2014
NOTICE OF THE
ANNUAL GENERAL MEETING
(cont’d)
3.
Item 6 of the Agenda
The proposed Ordinary Resolution 6, if passed, will give the Directors of the Company the authority to take
all such steps as are necessary or expedient to implement, finalise, complete and/or effect the purchase(s)
of Shares by the Company as the Directors may deem fit and expedient in the best interest of the Company.
This authority will, unless renewed or revoked or varied by the Company at a general meeting, continue to
be in force until the conclusion of the next AGM of the Company or the expiry of the period within which the
next AGM of the Company following the Eleventh AGM is required by the law to be held. Please refer to the
Share Buy-Back Statement dated 21 May 2015 which is despatched together with this Annual Report for
more information.
4.
Item 7 of the Agenda
The Nomination Committee has assessed the independence of Dato’ Haji Johar Bin Murat @ Murad, who has
served as an Independent Non-Executive Director of the Company for a cumulative term of more than nine
years, and recommended him to continue act as an Independent Non-Executive Director of the Company
based on the following justifications:
a.
He fulfils the criteria under the definition of Independent Director as stated in the Main Market Listing
Requirements of Bursa Malaysia Securities Berhad and, thus, he is able to provide a check and balance
by bringing an element of objectivity and independent judgment to the Board’s deliberation;
b.
He brings with him vast experience and expertise to complement the competencies of the other Directors
to enhance boardroom discussions and decision;
c.
He has been with the Company for more than 9 years since 2006 and, accordingly, is familiar with the
nuances and understanding of the Group’s business operations; and
d.
He has exercised due care and diligence during his tenure as an Independent Non-Executive Director
of the Company and carried out his duties professionally and objectively in the interest of the Company
and shareholders.
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