Serba Dinamik Annual Report 2016

2016 Annual Report 173 NOTICE OF THE FIRST ANNUAL GENERAL MEETING (Cont’d) THAT the authority conferred by such mandate shall commence upon the passing of this resolution and continue to be in force until: (i) the conclusion of the next Annual General Meeting (“AGM”) of the Company, at which time it will lapse, unless by a resolution passed at the next AGM, the authority is renewed; (ii) the expiration of the period within which the next AGM is required to be held pursuant to Section 340(2) of the Companies Act 2016 (“Act”) (but must not extend to such extension as may be allowed pursuant to Section 340(4) of the Act); or (iii) revoked or varied by resolution passed by the shareholders in a general meeting; whichever is the earlier. (Please refer to Explanatory Note. 3 below) 6. Authority to Allot and Issue Shares “ THAT , subject to the Companies Act 2016 (“the Act”), the Constitution of the Company and the approvals of the relevant governmental / regulatory authorities, where such approval is necessary, the Directors be and are hereby empowered pursuant to Section 75 and 76 of the Act, to issue shares in the Company, from time to time and upon such terms and conditions and for such purposes the Directors may deem fit and expedient in the interest of the Company, 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 also empowered to obtain approval for the listing of and quotation for the additional shares so issued from Bursa Malaysia Securities Berhad and that such authority shall continue to be in force until the conclusion of the next Annual General Meeting of the Company.” Resolution 6 (Please refer to Explanatory Note. 4 below) To consider and if thought fit, to pass the following as Special Resolution: 7. Proposed Amendments to the Company’s Constitution “ THAT the proposed amendments to the Company’s Constitution as set out in Part B of the Circular to Shareholders dated 28 April 2017 be and is hereby approved AND THAT the Directors of the Company be and are hereby authorised to do all things and acts necessary to effect the amendments to the Company’s Constitution” (Please refer to Explanatory Note. 5 below) Resolution 7