NOTICE IS HEREBY GIVEN THAT the Nineteenth (19th) Annual General Meeting (“AGM”) of Destini Berhad (“Destini” or “the Company”) will be conducted on a fully virtual basis through live streaming and Remote Participation and Voting (“RPV”) Facilities from the online meeting platform at https:/ web.vote2u.my (Domain Registration Numbers with MYNIC D6A471702) on Tuesday, 20 June 2023, at 10.00 a.m. or any adjournment thereof for the purpose of transacting the following businesses: Notice of Nineteenth Annual General Meeting 1. To receive the Audited Financial Statements for the financial year ended 31 December 2022 together with the Reports of the Directors and Auditors thereon. (Please refer to Explanatory Note 1) 2. To re-elect Abdul Rahman Bin Mohamed Rejab who is retiring pursuant to Clause 115(1) of the Company’s Constitution and being eligible, has offered himself for re-election. (Ordinary Resolution 1) 3. To re-elect Dr Nurwahida Binti Mohd Yaakub who is retiring pursuant to Clause 125 of the Company’s Constitution, and being eligible, has offered herself for re-election. (Ordinary Resolution 2) 4. To approve the payment of Directors’ fees payable to directors of the Company for the financial year ending 31 December 2023 and other benefits payable of up to RM500,000.00 to be divided amongst the Directors in such manner as the Directors may determine for the period commencing from the conclusion of the 19th AGM until the conclusion of the next Annual General Meeting of the Company. (Ordinary Resolution 3) 5. To re-appoint Messrs UHY as Auditors of the Company until the conclusion of the next Annual General Meeting and to authorise the Directors to fix their remuneration. (Ordinary Resolution 4) As Special Business: 6. To consider and, if thought fit, to pass the following resolutions: (Ordinary Resolution 5) Authority to Allot Shares Pursuant to Sections 75 and 76 of the Companies Act 2016 “THAT approval be and is hereby given to waive the statutory pre-emptive rights to be offered new shares ranking equally to the existing issued shares of the Company pursuant to Section 85 of the Companies Act, 2016 (“the Act”) read together with Clause 70 of the Company’s Constitution. THAT pursuant to Sections 75 and 76 of 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 or such higher percentage as Bursa Malaysia Securities Berhad (“Bursa Securities”) allowed for the time being and that the Directors be and are hereby also empowered to obtain approval from 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 AGM of the Company.” 231 DESTINI BERHAD ANNUAL REPORT 2022
RkJQdWJsaXNoZXIy NDgzMzc=