ENRA Group Berhad Annual Report 2020

ENRA Group Berhad - Annual Report 2020 155 AND THAT authority be and is hereby given to the Directors of the Company to do all acts and things as are necessary to give full effect to the purchase by the Company of its own shares with full powers to assent to any conditions, modifications, variations and/or amendments as the Directors may deem fit and expedient in the interests of the Company or as may be imposed by the relevant authorities.” 9. Proposed New Shareholders’ Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature “ THAT subject always to the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”) and the Constitution of the Company, approval be and is hereby given to ENRA Group Berhad and its subsidiary companies to enter into the Recurrent Related Party Transactions as described in the Circular to Shareholders dated 27 August 2020 with the related parties mentioned therein PROVIDED THAT: a. the Recurrent Related Party Transactions are in the ordinary course of business which are necessary for day-to-day operations and are on terms not more favourable than those generally available to the public; and b. disclosure is made in the annual report breakdown of the aggregate value of transactions conducted pursuant to the shareholders’ mandate during the financial year; AND THAT the authority conferred by such mandate shall commence immediately upon the passing of this ordinary resolution and continue to be in force until: a. the conclusion of the next Annual General Meeting of the Company following the general meeting, at which such mandate was passed, at which time it will lapse, unless by a resolution passed at the meeting, the authority is renewed; b. the expiration of the period within which the next AGM of the Company after that date it is required to be held pursuant to Section 340(2) of the Act (but must not extend to such extension as may be allowed pursuant to Section 340(4) of the Act); or c. revoked or varied by resolution passed by the shareholders of the Company in general meeting; whichever is the earlier; AND THAT the Directors and/or any of them be and are hereby authorised to complete and do all such acts and things (including executing such documents as may be required) as they may consider expedient or necessary to give effect to the transactions contemplated and/or authorised by this resolution.” 10. To transact any other business of which due notice shall have been given. By Order of the Board CHIN SOO CHING (MAICSA 7042265 / SSM Practicing Certificate No. 202008002101) TAI YIT CHAN (MAICSA 7009143 / SSM Practicing Certificate No. 202008001023) TAN LAI HONG (MAICSA 7057707 / SSM Practicing Certificate No. 202008002309) Company Secretaries Kuala Lumpur 27 August 2020 (Ordinary Resolution 8) NOTICE OF ANNUAL GENERAL MEETING