(a) Ordinary Resolution 3 – Re-election of Dato’ Koon Poh Tat as Executive Director Dato’ Koon Poh Tat has been actively involved in PMAH Group’s operations including forming new business outlets both domestically and overseas to enlarge PMAH Group’s network and market share. His hard work and dedication have led PMAH Group to be the pioneer in the aluminium industry. He exercised his due care and carried out his professional duties proficiently during his tenure as an Executive Director of the Company. (b) Ordinary Resolution 4 – Re-election of Mr. Koon Poh Kong as Executive Director Mr. Koon Poh Kong has been responsible for managing various prominent projects involving aluminium applications. His expertise and knowledge in business development and aluminium applications had been instrumental to the growth and development of PMAH Group. He exercised his due care and carried out his professional duties proficiently during his tenure as an Executive Director of the Company. (c) Ordinary Resolution 5 – Re-election of Mr. Koon Poh Weng as Executive Director Mr. Koon Poh Weng was pivotal to PMAH Group’s aluminium façade and curtain wall business. He has been widely involved in the design, engineering and development of cost-effective, innovative and versatile system solutions for both local and international projects. He exercised his due care and carried out his professional duties proficiently during his tenure as an Executive Director of the Company. 4. Ordinary Resolution 7 - Proposed Renewal of Authority under Sections 75 and 76 of the Act and the Constitution of the Company for the Directors to allot and issue shares The Company had, during its 6th AGM held on 17 June 2022, obtained its shareholders’ approval for the general mandate for issuance of shares pursuant to Sections 75 and 76 of the Act. As of the date of this notice, the Company did not issue any shares pursuant to this mandate obtained. Ordinary Resolution 7 proposed under item 6 of the Agenda is a renewal of the general mandate for issuance of shares by the Company under Sections 75 and 76 of the Act. The mandate, if passed, serves as a measure to meet the Company’s immediate working capital needs in the short term without relying on conventional debt financing (which will result in higher finance costs to be incurred) for the purpose of funding investment project(s), working capital and/or acquisition(s). This authority, unless revoked or varied by the Company at a general meeting, will expire at the next AGM. The waiver of pre-emptive rights pursuant to Section 85 of the Act and Clause 59 of the Constitution of the Company will allow the Directors of the Company to issue new shares of the Company which rank equally to existing issued shares of the Company, to any person without having to offer new shares to all the existing shareholders of the Company prior to issuance of new shares in the Company under the general mandate. If there should be a decision to issue new shares after the general mandate is obtained, the Company will make an announcement in respect thereof. 5. Ordinary Resolution 8 - Proposed Renewal of Shareholders’ Mandate for Existing Recurrent Related Party Transactions of a Revenue or Trading Nature (“RRPT”) and Proposed New Shareholders’ Mandate for Additional RRPT (“Proposed Shareholders’ Mandate”) Ordinary Resolution 8 proposed under item no. 7 of the Agenda, if passed, will allow PMAH Group to enter into the RRPT under the Proposed Shareholders’ Mandate pursuant to the provisions of the MMLR of Bursa Securities without the necessity to convene separate general meetings from time to time to seek shareholders’ approval as and when such RRPT occur. This will reduce substantially the expenses associated with the convening of general meetings on ad hoc basic, improve administrative efficiency considerably and allow manpower resources and time to be focused on attaining the Group’s corporate objectives and business opportunities. The Proposed Shareholders’ Mandate is subject to renewal on an annual basis. For further information on Ordinary Resolution 8, please refer to Part A of the Circular/Statement to Shareholders dated 28 April 2023. 6. Ordinary Resolution 9 - Proposed Renewal of Authority for the Company to Purchase its own Ordinary Shares (“Proposed Renewal of Share Buy Back Authority”) The proposed Ordinary Resolution 9, if passed, will give the Directors of the Company authority to take all such steps as are necessary or expedient to implement, finalise, complete and/or to effect the purchase(s) of shares by the Company as the Directors may deem fit and expedient in the best interest of the Company. The authority will, unless revoked or varied by the Company in a general meeting, continue to be in force until the conclusion of the next AGM of the Company or the expiry of the period within which the next AGM of the Company is required by law to be held. For further information on Ordinary Resolution 9, please refer to Part B of the Circular/Statement to Shareholders dated 28 April 2023. NOTICE OF ANNUAL GENERAL MEETING Cont’d ANNUAL REPORT 2022 328
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