Type of Meeting   :   AGM
Indicator   :   Outcome of Meeting
Date of Meeting   :   23/05/2013

Time   :   09:00 AM
Venue   :   Nyatoh, Level 2, Sunway Hotel Seberang Jaya, No. 11, Lebuh Tenggiri Dua, Pusat Bandar Seberang Jaya, Seberang Jaya, 13700 Prai

Outcome of Meeting   :    
On behalf of the Board of Directors of the Company, we are pleased to inform that at the 16th AGM, the following resolutions were duly resolved:-

AS ORDINARY BUSINESSES
1.     Declaration of the following Dividends for the year ended December 31, 2012:-
a) A Special Dividend of 20 sen per share less income tax at 25%;
b) A First and Final Dividend of 12 sen per share less income tax at 25%.
2.    Approval of the payment of Directors’ Fees of up to RM72,000 for the financial year ended December 31, 2012.
3.     Re-election of Loo Hooi Beng who is retiring under the Article 98(1) of the Articles of Association of the Company, and being eligible, offered himself for re-election.
4.     Re-election of Khoo Lay Tatt who is retiring under the Article 98(1) of the Articles of Association of the Company, and being eligible, offered himself for re-election.
5.     Re-appointment of Cheng Shing Tsung, a Director who retired in compliance with Section 129(2) of the Companies Act, 1965.
6.     Appointment of Messrs. KPMG as Auditors of the Company and a mandate was given to the Board of Directors to fix their remuneration.

AS SPECIAL BUSINESSES
7.     Approval for the authority to Issue and Allot Share pursuant to Section 132D of the Companies Act, 1965.
8.     Approval for the renewal of authority to Purchase its own Shares.