EXCEL FORCE MSC BERHAD Annual Report 2020

EXCEL FORCE MSC BERHAD - ANNUAL REPORT 2020 2 NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Nineteenth Annual General Meeting (“ 19th AGM ”) of the Company will be conducted on a fully virtual basis through live streaming and Remote Participation and Voting (“ RPV ”) Facilities from the Broadcast venue at Level 43A, MYEG Tower, Empire City, No.8, Jalan Damansara, PJU 8, 47820 Petaling Jaya, Selangor Darul Ehsan on Thursday, 27 May 2021 at 9.30 a.m. for the transaction of the following businesses: A G E N D A Ordinary Business 1. To receive the Audited Financial Statements for the financial year ended 31 December 2020 together with the Reports of the Directors and Auditors thereon. Please refer to Note 1 2. To approve the payment of a final single-tier dividend of 0.50 sen per ordinary share for the financial year ended 31 December 2020. Ordinary Resolution 1 3. To re-elect the following Directors who are retiring pursuant to Clause 105 of the Company’s Constitution and being eligible, have offered themselves for re-election:- a) Gan Teck Ban Ordinary Resolution 2 b) Wong Kok Chau Ordinary Resolution 3 4. To re-elect Dato’ Sri Ismail bin Ahmad who is retiring pursuant to Clause 114 of the Company’s Constitution and being eligible, has offered himself for re-election. Ordinary Resolution 4 5. To approve the Directors’ fees amounting to RM624,000.00 for the period from the 19th AGM of the Company up to the 20th AGM of the Company. Ordinary Resolution 5 6. To re-appoint Messrs UHY as Auditors of the Company for the ensuing year and to authorise the Directors to fix their remuneration. Ordinary Resolution 6 Special Business To consider and if thought fit, to pass the following resolutions: - 7. Authoritytoallotand issueshares ingeneral pursuant toSections75and76oftheCompanies Act, 2016 Ordinary Resolution 7 “ THAT pursuant to Sections 75 and 76 of the Companies Act, 2016 (“the Act”) and subject to the approvals of the relevant governmental/ regulatory authorities, the Directors be and are hereby empowered to issue shares in the capital of the Company from time to time 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 issued pursuant to this resolution does not exceed 10% of the total number of issued shares of the Company for the time being and that the Directors be and are hereby also empowered to obtain approval from the Bursa Malaysia Securities Berhad (“Bursa Securities”) for the listing and quotation of the additional shares so issued and that such authority shall continue to be in force until the conclusion of the next Annual General Meeting of the Company.” 10 June