10 / 188
C O R P O R AT E I N F O RM AT I O N
06
(IV) Resolutions 4, 5 and 6
Section 230(1) of the Act provides amongst others, that the fees of the directors and any benefits payable to the directors
of a listed company and its subsidiaries shall be approved at a general meeting. In this respect, the Board agreed that the
shareholders’ approval shall be sought at the 43
rd
AGM on the following payments to Directors in 3 separate resolutions as
below:-
•
Resolution 4
on payment of Directors’ fees for the ensuing financial year.
•
Resolution 5
on payment of Directors’ fees for the Non-Executive Directors (“NEDs”) who sit on the Board of Directors
of subsidiary companies from 31 August 2018 until the conclusion of the next AGM of the Company.
•
Resolution 6
on payment of Directors’ remuneration from 31 August 2018 until the conclusion of the next AGM of the
Company.
Ordinary Resolutions 4, 5 and 6 comprises fees, allowances and other benefits payable to the Non-Executive Chairman,
members of the Board and Board Committees, including fees and allowances payable to them by subsidiaries are set out in
the table below:-
Company
Fee
Meeting
Allowance
Benefits
Board
Chairman
RM75,000
RM2,000
Medical coverage and
other claimable benefits
Member
RM50,000
RM2,000
Committees
Chairman of Audit Committee
RM15,000
RM2,000
N/A
Member of Audit Committee
RM6,000
RM2,000
N/A
Member of Nomination and
Remuneration Committee
N/A
RM2,000
N/A
Member of Sustainability
Committee
N/A
RM2,000
N/A
Member of Risk Management
Committee
N/A
RM2,000
N/A
Subsidiaries
Subsidiary
Position Held
Fee Type
Amount
Percetakan Keselamatan
Nasional Sdn Bhd
Chairman
Director’s fee per annum
Meeting allowance per meeting
RM18,000
RM1,000
PT Nunukan Jaya Lestari
President
Commissioner
Director’s fee per annum
Meeting allowance per meeting
RM18,000
RM1,000
FCB Plantation Holdings
Sdn Bhd
Chairman
Director’s fee per annum
Meeting allowance per meeting
RM18,000
RM1,000
NOTICE OF 43
rd
ANNUAL GENERAL MEETING
}