Frontken Berhad Annual Report 2017

130 Frontken Corporation Berhad (651020-T) ANNUAL REPORT 2017 NOTICE IS HEREBY GIVEN THAT the Fourteenth Annual General Meeting of the Company will be held at Suite 301, 3rd Floor, Block F, Pusat Dagangan Phileo Damansara 1, No. 9, Jalan 16/11, Off Jalan Damansara, 46350 Petaling Jaya, Selangor on Thursday, 24 May 2018 at 11.00 a.m. for the transaction of the following businesses:- AGENDA As Ordinary Business: - 1. To receive the Audited Financial Statements for the year ended 31 December 2017 together with the Reports of the Directors and the Auditors thereon. (Please refer to Explanatory Note 1) 2. To re-elect the following Directors who retire pursuant Article 74 of the Company’s Constitution:- (a) Mr Ng Wai Pin; and (Ordinary Resolution 1) (b) Dr Tay Kiang Meng. (Ordinary Resolution 2) 3. To approve the payment of Directors’ fees and Benefits of up to RM500,000.00 for the financial year ending 31 December 2018 up to the following next Annual General Meeting. (Ordinary Resolution 3) 4. To re-appoint Messrs Crowe Horwath as Auditors of the Company for the financial year ending 31 December 2018 and to authorise the Directors to fix their remuneration. (Ordinary Resolution 4) As Special Business:- To consider and if thought fit, to pass the following Resolutions:- 5. AUTHORITY TO ISSUE SHARES PURSUANT TO SECTIONS 75 AND 76 OF THE COMPANIES ACT 2016 (“ACT”) (Ordinary Resolution 5) “ THAT subject always to the Act, the Constitution of the Company and the approvals of Bursa Malaysia Securities Berhad (“Bursa Securities”) and the relevant regulatory authorities where such approval is necessary, the Directors be and are hereby empowered, pursuant to Sections 75 and 76 of the Act, to issue shares of the Company at any time until the conclusion of the next Annual General Meeting (“AGM”) and 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 to be issued 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 for the listing of and quotation for the additional shares so issued on Bursa Securities and that such authority shall continue to be in force until the conclusion of the next AGM of the Company.” Notice Of Annual General Meeting