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Frontken Corporation Berhad (651020-T)
ANNUAL REPORT
2016
4.
Item 6 of the Agenda
The proposed Ordinary Resolution 6, if passed, will give the Directors of the Company the authority to take all such
steps as are necessary or expedient to implement, finalise, complete and/or effect the purchase(s) of Shares by the
Company as the Directors may deem fit and expedient in the best interest of the Company. This authority will, unless
renewed or revoked or varied by the Company at a general meeting, continue to be in force until the conclusion of
the next AGM of the Company or the expiry of the period within which the next AGM of the Company following the
Thirteenth AGM is required by the law to be held. Please refer to the Share Buy-Back Statement dated 25 April 2017
which is despatched together with this Annual Report for more information.
5.
Item 7 of the Agenda
The Nomination Committee has assessed the independence of Dato’ Haji Johar Bin Murat @ Murad, who has served
as an Independent Non-Executive Director of the Company for a cumulative term of more than nine (9) years, and
recommended him to continue to act as an Independent Non-Executive Director of the Company based on the following
justifications:-
(a) He fulfills the criteria under the definition of Independent Director as stated in the Main Market Listing Requirements
of Bursa Malaysia Securities Berhad and thus, he is able to provide a check and balance by bringing an element
of objectivity and independent judgement to the Board’s deliberation;
(b) He brings with him vast experience and expertise to complement the competencies of the other Directors to
enhance boardroom discussion and decision;
(c) He has been with the Company for more than nine (9) years since 2006 and accordingly, is familiar with the
nuances and understanding of the Group’s business operations; and
(d) He has exercised due care, skill and diligence during his tenure as an Independent Non-Executive Director of the
Company and carried out his duties professionally and objectively in the interest of the Company and shareholders.
Notice Of Annual General Meeting
(cont’d)