MESB BERHAD
(COMPANY NO.: 337554-D)
SUMMARY OF KEY MATTERS DISCUSSED
AT THE TWENTY-FIRST ANNUAL GENERAL MEETING
The Twenty-First Annual General Meeting (“21st AGM”) of the MESB Berhad (“the Company” or “MESB”) was held at Room 1, Level 2, Hotel Sri Petaling, 30, Jalan Radin Anum, Bandar Baru Sri Petaling, 57000 Kuala Lumpur on Wednesday, 21 September 2016 at 9.30 a.m.
With the requisite quorum being present, the Meeting proceeded with the items on the Agenda stated in the Notice of the 21st AGM dated 28 July 2016 (“Notice of 21st AGM”).
There were seven (7) items on the Agenda that put forth to the shareholders for discussion and/or approval. The shareholders were invited to raise question on each of the Agenda items. It was recorded that no queries were raised by the shareholders on the Agenda items during the Meeting.
The Audited Financial Statement for the financial year ended 31 March 2016 and the Report of the Directors and Auditors thereon were duly tabled and received at the 21st AGM of the Company.
The following Resolutions as set out in the Notice of 21st AGM were voted by poll and duly carried/ passed at the 21st AGM of the Company:-
Ordinary Resolution 1
– To re-elect Mr Loke Lee Ping as a Director who is retiring pursuant to the Articles 85 of the Articles of Association of the Company.
Ordinary Resolution 2
– To re-elect Mr Lee Kok Heng as a Director who is retiring pursuant to the Articles 85 of the Articles of Association of the Company.
Ordinary Resolution 3
– To approve the Directors’ fees amounting to RM107,000 for the financial year ended 31 March 2016.
Ordinary Resolution 4
– To re-appoint Messrs KPMG as Auditors of the Company and to authorise the Directors to fix their remuneration.
Ordinary Resolution 5
– To approve the Proposed Renewal of Existing Shareholders’ Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature.
Ordinary Resolution 6
– To approve Encik Saffie Bin Bakar to continuing in Office as Independent Non-Executive Director.
Ordinary Resolution 7
– To obtain an authority to issue shares pursuant to Section 132D of the Companies Act, 1965.