Sasbadi Annual Report 2017

153 ANNUAL REPORT 2017 SASBADI HOLDINGS BERHAD (Company No.: 1022660-T) (Incorporated in Malaysia) NOTICE IS HEREBY GIVEN that the Fifth Annual General Meeting of Sasbadi Holdings Berhad will be held at The Greens III Function Room, Tropicana Golf & Country Resort, Jalan Kelab Tropicana, 47410 Petaling Jaya, Selangor Darul Ehsan, Malaysia on Tuesday, 23 January 2018 at 10.00 a.m. to transact the following business:- ORDINARY BUSINESS 1. To receive the Audited Financial Statements for the financial year ended 31 August 2017 and the Reports of Directors and Auditors thereon. 2. To approve the payment of a sum of not exceeding RM700,000.00 as total Directors’ Fees and benefits for the financial year ending 31 August 2018. Resolution 1 3. To re-elect the following Directors who are retiring by rotation pursuant to the Company’s Constitution:- 3.1 Mr Lee Swee Hang 3.2 Mr Lee Eng Sang Resolution 2 Resolution 3 4. To re-appoint KPMG PLT as Auditors of the Company and to authorise the Directors to fix their remuneration. Resolution 4 SPECIAL BUSINESS To consider and if deemed fit, with or without any modification(s), to pass the following Ordinary Resolutions:- 5. AUTHORITY FOR DIRECTORS TO ALLOT AND ISSUE SHARES “THAT pursuant to Sections 75 and 76 of the Companies Act, 2016, and subject to the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”) and the approvals of the relevant governmental and/or regulatory authorities (if any), the Directors be and are hereby empowered to allot and issue new shares in the Company at any time, to such person or persons, upon such terms and conditions and for such purposes as the Directors may, in their absolute discretion, deem fit, provided that the aggregate number of shares issued pursuant to this resolution does not exceed ten percent (10%) of the total number of issued shares of the Company at the time of issue AND THAT the Directors be and are also empowered to obtain the approval from Bursa Securities for the listing of and quotation for the additional shares so issued AND THAT such authority shall continue to be in force until the conclusion of the next Annual General Meeting (“AGM”) of the Company.” Resolution 5 NOTICE OF FIFTH ANNUAL GENERAL MEETING