My EG Services Berhad Annual Report 2019

ANNUAL REPORT 2019 213 ANNUAL GENERAL MEETING NOTICE OF THE NINETEENTH ANNUAL GENERAL MEETING (CONT’D) (iv) upon completion of the purchase(s) of the MYEG Shares by the Company, the Directors of the Company be and are hereby authorised to deal with the MYEG Shares in the following manner: (a) cancel the MYEG Shares purchased; or (b) retain the MYEG Shares purchased as treasury shares; or (c) retain part of the MYEG Shares purchased as treasury shares and cancel the remainder of the MYEG Shares purchased; or (d) distribute the treasury shares as dividends to shareholders and/or resell on the market of Bursa Securities and/or transfer the MYEG Shares or any of the MYEG Shares for the purposes of or under an employees’ share scheme and/or transfer the MYEG Shares or any of the MYEG Shares as purchase consideration and/or cancel all or part of them and/or sell, transfer or otherwise use the MYEG Shares for such other purposes as minister charged with the responsibility for companies may by order prescribe; or (e) in any other manner as prescribed by the Act, rules, regulations and orders made pursuant to the Act and the requirements of the Bursa Securities and any other relevant authority for the time being in force. AND THAT the Directors of the Company be and are hereby authorised to take all such steps as are necessary or expedient to implement or to effect the purchase(s) of the MYEG Shares with full power to assent to any condition, modification, variation and/or amendments as may be imposed by the relevant authorities and to take all such step as they may deem necessary or expedient in order to implement, finalise and give full effect in relation thereto.” 9. PROPOSED AUTHORITY TO ALLOT AND ISSUE SHARES BY DIRECTORS PURSUANT TO SECTION 76 OF THE COMPANIES ACT 2016 Special Resolution 1 “THAT pursuant to Section 76 of the Act, the Directors be and are hereby empowered to allot and issue MYEG Shares, at any time, at such price, upon such terms and conditions, for such purpose and to such person or persons whomsoever as the Directors may in their absolute discretion deem fit provided that the aggregate number of MYEG Shares to be issued does not exceed 10% of the total number of issued MYEG Shares (excluding treasury shares) at the time of issue and THAT the Directors be and are hereby also empowered to obtain the approval for the listing of and quotation for the additional MYEG Shares so issued on the Bursa Securities and THAT such authority shall continue to be in force until the conclusion of the 20th AGM of the Company.” 10. To transact any other business that may be transacted at the 19th AGM of which due notice shall have been given in accordance with the Act and the Constitution of the Company. By Order of the Board TAI YIT CHAN (MAICSA 7009143) (SSM PC No.: 202008001023) TAN AI NING (MAICSA 7015852) (SSM PC No.: 202008000067) Company Secretaries Selangor Darul Ehsan 29 June 2020