Excel Force MSC Berhad Annual Report 2016

EXCEL FORCE MSC BERHAD ANNUAL REPORT 2016 2 Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Fifteenth Annual General Meeting of the Company will be held at TA-13-1, Level 13, Tower A, Plaza 33, No. 1, Jalan Kemajuan, Seksyen 13, 46200 Petaling Jaya, Selangor Darul Ehsan on Friday, 19 May 2017 at 2:30 p.m. for the following purposes: AGENDA AS ORDINARY BUSINESS 1. To receive the Audited Financial Statements of the Company for the financial year ended 31 December 2016 and the Reports of the Directors and the Auditors thereon. (Please refer to Note 1) 2. To approve the payment of Directors’ fees for the financial year ended 31 December 2016. (ORDINARY RESOLUTION 1) 3. To approve the payment of Directors’ fees and benefits up to RM624,000.00 from 1 January 2017 until next Annual General Meeting of the Company. (ORDINARY RESOLUTION 2) 4. To re-elect the following Directors retiring in accordance with the Company’s Articles of Association:- a) Ng Kim Huat - Article 103 (ORDINARY RESOLUTION 3) b) Lok Choon Hong - Article 103 (ORDINARY RESOLUTION 4) c) Wong Kok Chau - Article 110 (ORDINARY RESOLUTION 5) d) Dato’ Dr. Norraesah Binti Haji Mohamad - Article 110 (ORDINARY RESOLUTION 6) 5. To appoint Messrs. UHY as Auditors of the Company in place of the retiring Auditors, Messrs. BDO and to hold office until the conclusion of the next Annual General Meeting and to authorise the Directors to fix the Auditors’ remuneration. (ORDINARY RESOLUTION 7) AS SPECIAL BUSINESS To consider and, if thought fit, to pass the following Ordinary Resolutions:- 6. AUTHORITY TO ALLOT SHARES PURSUANT TO SECTIONS 75 AND 76 OF THE COMPANIES ACT, 2016 “THAT, subject always to the Companies Act, 2016, the Articles of Association of the Company and the approvals of the relevant governmental/regulatory authorities, the Directors be and are hereby empowered, pursuant to Sections 75 and 76 of the Companies Act, 2016, to allot shares in the Company from time to time and upon such terms and conditions and for such purposes as the Directors may deem fit provided that the aggregate number of shares allotted pursuant to this resolution does not exceed 10% of the total number of issued shares of the Company at the time of submission. AND THAT the Directors be and are also hereby empowered to obtain the approval from Bursa Malaysia Securities Berhad for the listing of and quotation for the additional shares so allotted. AND THAT such authority shall continue in force until the conclusion of the next Annual General Meeting of the Company.” (ORDINARY RESOLUTION 8)