Annual report 2014
33
Annual General Meeting (“AGM”)
The AGM is the principal forum for dialogue with the shareholders. At each AGM, the Board presents to the
shareholders, the performance of the business for the financial year. All Directors are available to respond to
shareholders’ questions during the AGM.
Each special business included in the notice of AGM will be accompanied by a full explanation of the effects of
a proposed resolution to facilitate understanding and evaluation of the issues involved. Separate resolution are
proposed for separate issues at the meeting and the Chairman declares the number of proxy votes received
both for and against each separate resolution.
The Board takes note of the recommendation 8.2 by MCCG on the adoption of electronic voting and encourage
poll voting to facilitate greater shareholder participation. The Board is of the view that with the current level of
shareholders’ attendance at AGMs, voting by way of a show of hands continues to be efficient. However, for
agenda that requires poll voting accordance to listing rules, the board will inform shareholders in advance and
poll voting will be conducted manually. Nevertheless, the shareholders will be informed on their right to demand
on a poll vote at the commencement of general meeting and voting by way of poll voting will be carried out if
required by Bursa’s MMLR and other relevant rules and regulations.
The Board has deliberated, reviewed and approved this Statement in accordance with Board’s Resolution
dated 20
th
April 2015.
statement on
corporate governance
