Frontken Berhad Annual Report 2016

137

Frontken Corporation Berhad (651020-T)

ANNUAL REPORT

2016

NOTICE IS HEREBY GIVEN THAT

the Thirteenth Annual General Meeting of the Company will be held at Suite 301, 3

Floor,

Block F, Pusat Dagangan Phileo Damansara 1, No. 9, Jalan 16/11, Off Jalan Damansara, 46350 Petaling Jaya, Selangor on

Tuesday, 30 May 2017 at 11.00 a.m. for the transaction of the following businesses:-

AGENDA

As Ordinary Business:

To receive the Audited Financial Statements for the year ended 31 December 2016 together with

the Reports of the Directors and the Auditors thereon.

(Please refer to

Explanatory

Note 1)

To re-elect the following Directors who retire pursuant Article 74 of the Company’s Constitution:-

(a) Dr Jorg Helmut Hohnloser; and

(Ordinary

Resolution 1)

(b) Dato’ Haji Johar bin Murat @ Murad.

(Ordinary

Resolution 2)

To approve the payment of Directors’ fees and Benefits of up to RM500,000.00 for the financial

year ending 31 December 2017 up to the following next Annual General Meeting.

(Ordinary

Resolution 3)

To re-appoint Messrs Crowe Horwath as Auditors of the Company for the financial year ending 31

December 2017 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:-

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 issued and paid-up share capital 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.”

PROPOSED RENEWAL OF AUTHORITY FOR THE COMPANY TO PURCHASE ITS OWN SHARES (“PROPOSED RENEWAL

OF SHARE BUY-BACK MANDATE”)

(Ordinary

Resolution 6)

“

THAT

subject to the provisions under the Act, the Constitution of the Company, the Listing

Requirements and any other applicable laws, rules, regulations and guidelines for the time being

in force, the Company be and is hereby authorised to purchase such number of ordinary shares in

the Company (“Shares”) as may be determined by the Directors from time to time through Bursa

Securities upon such terms and conditions as the Directors may deem fit and expedient in the

interest of the Company provided that the aggregate number of shares purchased pursuant to

this resolution shall not exceed 10% of the total issued and paid-up share capital of the Company.

THAT

the maximum amount of funds to be allocated for the purpose of purchasing the Shares shall

not exceed the retained profits of the Company.

Notice Of Annual General Meeting