ANNUAL REPORT 2021 267 ANNUAL GENERAL MEETING (C) Ordinary Resolutions 3 to 6 – Re-election of Directors The profiles of the Directors who are standing for re-election as per Agenda items no. 4 and 5 are set out in the Board of Directors’ profile of the Annual Report 2021. Based on the recommendation of the Nomination Committee, the Board is satisfied with the performance and contributions of the following Directors and supports the re-election based on the following justifications: (i) Ordinary Resolution 3 – Re-election of Wong Thean Soon as Group Managing Director Wong Thean Soon shows exemplary leadership in building businesses and creating value, he has contributed significantly to the Group by providing valuable inputs and steered the Group forward in the past years with notable achievements during his tenure as Group Managing Director of the Company. (ii) Ordinary Resolution 4 – Re-election of Wong Kok Chau as Independent Non-Executive Director Wong Kok Chau fulfills the requirement of independence set out in the Main Market Listing Requirements (“MMLR”) of Bursa Securities as well as the prescribed criteria under the Malaysian Code on Corporate Governance 2021 (“MCCG 2021”). He has demonstrated his independence through his engagement in the meetings by proactively giving valuable insights to the management in developing the Group’s business strategies. He also exercised his due care and carried out his professional duties proficiently during his tenure as an Independent Non-Executive Director of the Company. (iii) Ordinary Resolution 5 – Re-election of Dato’ Mohd Jeffrey Bin Joakim as Independent Non-Executive Director Dato’ Mohd Jeffrey Bin Joakim fulfills the requirement of independence set out in the MMLR of Bursa Securities as well as the prescribed criteria under the MCCG 2021. During the year, he has demonstrated his independence through his engagement in the meetings by proactively giving valuable insights to the management in developing the Group’s business strategies. He also exercised his due care and carried out his professional duties proficiently during his tenure as an Independent Non-Executive Director of the Company. (iv) Ordinary Resolution 6 – Re-election of Mohaini Binti Mohd Yusof as Independent Non-Executive Director Mohaini Binti Mohd Yusof fulfills the requirement of independence set out in the MMLR of Bursa Securities as well as the prescribed criteria under the MCCG 2021. During the year, she has demonstrated her independence through her engagement in the meetings by rigorously challenge and ask probing questions to the management in developing the Group’s business directions. She also exercised her due care and carried out her professional duties proficiently during her tenure as an Independent Non-Executive Director of the Company. (D) Ordinary Resolution 8 - Proposed Renewal of Authority for Purchase of Own Shares by the Company The proposed Ordinary Resolution 8 if passed, will empower the Company to purchase and/or hold up to ten percent (10%) of the total number of issued MYEG Shares. This authority unless revoked or varied by the Company at a general meeting will expire at the 22nd AGM of the Company. Please refer to the statement to shareholders in relation to the proposed renewal of authority for purchase of own shares by MYEG dated 27 April 2022 for further information. (E) Ordinary Resolution 9 – Proposed Authority to Allot and Issue Shares by Directors pursuant to Sections 75 and 76 of the Act The proposed Ordinary Resolution 9 is a renewal of the general mandate for issuance of shares by the Company under Sections 75 and 76 of the Act. NOTICE OF THE TWENTY-FIRST ANNUAL GENERAL MEETING (CONT’D)
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