EXCEL FORCE MSC BERHAD Annual Report 2017

2 EXCEL FORCE MSC BERHAD (570777-X) ANNUAL REPORT 2017 NOTICE IS HEREBY GIVEN that the Sixteenth Annual General Meeting of the Company will be held at Dewan Berjaya, Equestrian Club, Bukit Kiara Resort, Jalan Bukit Kiara, Off Jalan Damansara, 60000 Kuala Lumpur on Wednesday, 30 May 2018 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 2017 and the Reports of the Directors and the Auditors thereon. (PLEASE REFER TO NOTE 1) 2. To approve the payment of Directors’ Fees and Benefits up to RM624,000 from 1 June 2018 until next Annual General Meeting of the Company. ORDINARY RESOLUTION 1 3. To re-elect the following Directors retiring in accordance with the Company’s Articles of Association: a) Mr. Wang Kuen-Chung @ Jeff Wang - Article 103 b) Mr. Aaron Sim Kwee Lein - Article 103 c) Mr. Gan Teck Ban - Article 103 ORDINARY RESOLUTION 2 ORDINARY RESOLUTION 3 ORDINARY RESOLUTION 4 4. To re-appoint Messrs. UHY as Auditors of the Company to hold office until the conclusion of the next Annual General Meeting and authorise the Board of Directors to fix the Auditors’ remuneration. ORDINARY RESOLUTION 5 As Special Business To consider and, if thought fit, to pass the following Ordinary Resolutions:- 5. AUTHORITY TO ALLOT SHARES PURSUANT TO SECTIONS 75 AND 76 OF THE COMPANIES ACT 2016 “THAT, subject always to theCompanies Act 2016, the Articles of Association of theCompany 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 alloted. AND THAT such authority shall continue in force until the conclusion of the next Annual General Meeting of the Company.” ORDINARY RESOLUTION 6 6. RETENTION OF MR. NG KIM HUAT AS INDEPENDENT DIRECTOR “THAT Mr. Ng Kim Huat be and is hereby retained as Independent Non-Executive Director pursuant to the Malaysian Code on Corporate Governance.” ORDINARY RESOLUTION 7 7. RETENTION OF MR. AARON SIM KWEE LEIN AS INDEPENDENT DIRECTOR “THAT subject to the passing of Ordinary Resolution 3, Mr. Aaron Sim Kwee Lein be and is hereby retained as Independent Non-Executive Director pursuant to the Malaysian Code on Corporate Governance.” ORDINARY RESOLUTION 8 8. To transact any other business which may properly be transacted at an Annual General Meeting for which due notice shall have been given in accordance with the Company’s Articles of Association and the Companies Act 2016. Notice of Annual General Meeting