Sasbadi Annual Report 2021

127 ANNUAL REPORT 2021 NOTICE OF NINTH ANNUAL GENERAL MEETING SASBADI holdings berhad Registration No. 201201038178 (1022660-T) (Incorporated in Malaysia) NOTICE OF NINTH ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Ninth Annual General Meeting of Sasbadi Holdings Berhad will be conducted on a fully virtual basis through live streaming from the Broadcast Venue at Lot 12, Jalan Teknologi 3/4, Taman Sains Selangor 1, Kota Damansara, 47810 Petaling Jaya, Selangor on Wednesday, 16 February 2022 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 2021 and the Reports of Directors and Auditors thereon. 2. To approve the payment of a sum of not exceeding RM560,000.00 as total Directors’ Fees and benefits for the financial year ending 31 August 2022. Resolution 1 3. To reelect the following Directors who are retiring by rotation pursuant to Clause 115 of the Company’s Constitution:- 3.1 Dato’ Salleh Bin Mohd Husein 3.2 Dato’ Noor Rezan Binti Bapoo Hashim Resolution 2 Resolution 3 4. To reelect Mr Tang Yuen Kin who is retiring by casual vacancy pursuant to Clause 118 of the Company’s Constitution. Resolution 4 5. To reappoint BDO PLT as the Auditors of the Company and to authorise the Board of Directors to fix their remuneration. Resolution 5 Special Business To consider and if deemed fit, with or without any modification(s), to pass the following Resolutions:- 6. AUTHORITY FOR DIRECTORS TO ISSUE SHARES Resolution 6 “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 10% of the total number of issued shares of the Company (excluding treasury shares) 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.”