GHL System Berhad Annual Report 2019

G H L S Y S T E M S B E R H A D 1 9 9 4 0 1 0 0 7 3 6 1 ( 2 9 3 0 4 0 - D ) 176 NOTICE OF TWENTY-SIXTH ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Twenty-Sixth Annual General Meeting of GHL Systems Berhad (“GHL” or “the Company”) will be conducted entirely through live streaming from the broadcast venue at Level 3A, C-G-15, Block C, Jalan Dataran SD 1, Dataran SD PJU 9, Bandar Sri Damansara, 52200, Kuala Lumpur on Wednesday , 26 August 2020 at 3.00 p.m. for the following purposes:- AGENDA Ordinary Business 1. To receive the Audited Financial Statements for the financial year ended 31 December 2019 together with the Reports of the Directors and Auditors thereon. (Please refer to the Explanatory Notes to the Agenda) 2. To re-elect the following Directors who are retiring in accordance with Clause 76 of the Company’s Constitution:- i) Datuk Kamaruddin bin Taib ii) Mr Hossameldin Abdelhamid Mohamed Aboumoussa (Ordinary Resolution 1) (Ordinary Resolution 2) 3. To approve the payment of Directors’ fees of RM240,000.00 for the financial year ending 31 December 2020. (Ordinary Resolution 3) 4. To approve the payment of Directors’ benefits of up to an aggregate amount of RM58,500.00 for the period from 27 August 2020 until the next Annual General Meeting of the Company. (Ordinary Resolution 4) 5. To re-appoint BDO PLT as Auditors of the Company and to authorise the Directors to fix their remuneration. (Ordinary Resolution 5) Special Business To consider and if thought fit, to pass, with or without modifications, the following Ordinary Resolutions:- 6. AUTHORITY TO ISSUE SHARES PURSUANT TO SECTIONS 75 AND 76 OF THE COMPANIES ACT 2016 “THAT, pursuant to Sections 75 and 76 of the Companies Act 2016 (“the Act”) and subject to the Constitution of the Company, the Main Market Listing Requirements (“Listing Requirements”) of Bursa Malaysia Securities Berhad (“Bursa Securities”) and the approvals of the relevant government/regulatory authorities, where such approval is necessary, the Directors of the Company be and are hereby empowered to issue shares in the Company at any time until the conclusion of the next Annual General Meeting (“AGM”) and upon such terms and conditions and for such purposes as the Board of Directors may, in their absolute discretion, deem fit provided that the aggregate number of shares to be issued pursuant to this resolution does not exceed ten per centum (10%) of the total number of issued shares (excluding treasury shares) of the Company for the time being AND THAT the Directors be and are also empowered to obtain approval for the listing of and quotation for the additional shares so issued on Bursa Securities AND THAT such authority shall continue to be in force until the conclusion of the next AGM of the Company after the approval was given or at the expiry of the period within which the next AGM is required to be held after the approval was given, whichever is earlier, unless revoked or varied by an ordinary resolution of the Company at a general meeting.” (Ordinary Resolution 6)