150
U N I T E D M A L AYA N L A N D B H D ( 4 1 3 1 - M )
Notice of 49th Annual General Meeting
(b)
disclosure is made in the annual report of the aggregate value of transactions conducted pursuant to the shareholders’ mandate during the financial year and such approval shall continue to be in force until:(i)
the conclusion of the next AGM of the Company, at which time it will lapse, unless by a resolution passed at the said AGM, the authority is renewed;
(ii)
the expiration of the period within which the next AGM of the Company is required to be held pursuant to Section 143 (1) of the Act but shall not extend to such extension as may be allowed pursuant to Section 143 (2) of the Act; or
(iii)
revoked or varied by resolution passed by the shareholders in general meeting;
whichever is the earlier; AND THAT the Directors of the Company be empowered to complete and do all such acts and things as they may consider expedient or necessary to give effect to the transactions contemplated and/or authorised by this resolution.”
Ordinary Resolution 10
10. PROPOSED RENEWAL OF GENERAL MANDATE FOR THE PROVISION OF FINANCIAL ASSISTANCE “THAT approval be and is hereby given for the renewal of a general mandate to the Company and/or its subsidiaries to provide/procure recurring financial assistance on a short term basis to/from its non-wholly owned subsidiaries and jointly controlled entities via the pooling of funds, as set out in Section 2.2.3 of Part B of the Circular subject to the following: (a)
the transactions are fair and reasonable to the Company;
(b)
the transactions are not to the detriment of the Company and its shareholders; and
(c)
disclosure is made in the annual report of the aggregate value of transactions conducted pursuant to the general mandate during the financial year and such approval shall continue to be in force until:(i)
the conclusion of the next AGM of the Company, at which time it will lapse, unless by a resolution passed at the said AGM, the authority is renewed;
(ii)
the expiration of the period within which the next AGM of the Company is required to be held pursuant to Section 143 (1) of the Act but shall not extend to such extension as may be allowed pursuant to Section 143 (2) of the Act; or
(iii)
revoked or varied by resolution passed by the shareholders in a general meeting;
whichever is the earlier; AND THAT the Directors of the Company be empowered to complete and do all such acts and things as they may consider expedient or necessary to give effect to the transactions contemplated and/or authorised by this resolution.” 11. To transact any other business of the Company for which due notice shall have been received in accordance with the Act.
Ordinary Resolution 11