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03
F i m a C o r p o r at i o n B e r h a d ( 2 1 1 8 5 - P ) •
A n n u a l R e p o r t 2 0 1 8
NOTICE OF 43
rd
ANNUAL GENERAL MEETING
Resolution 9
THAT such approval shall continue to be in full force and effect until:-
(i) the conclusion of the next AGM of the Company at which time the authority will lapse,
unless the authority is renewed by a resolution passed at such general meeting; or
(ii) the expiration of the period within which the Company’s next AGM is required to be held
under Section 340(1) of the Companies Act, 2016 (“the Act”) (but shall not extend to such
extension as may be allowed under Section 340(4) of the Act); or
(iii) revoked or varied by resolution passed by the shareholders of the Company at a general
meeting,
whichever is the earlier;
AND THAT the Board of Directors of the Company be and is hereby empowered and authorized
to complete and do all such acts and things (including executing such documents under the
common seal in accordance with the provisions of the Company’s Constitution, as may be
required) as they may consider expedient or necessary to give effect to the proposed mandate.”
9.
PROPOSED RENEWAL OF THE AUTHORITY FOR SHARE BUY-BACK
“THAT subject to compliance with the Act, the MMLR of Bursa Securities, provisions of the
Company’s Constitution, and all other applicable laws, guidelines, rules and regulations,
approval and authority be and are hereby given to the Directors of the Company, to the extent
permitted by law, to purchase such number of ordinary shares in FimaCorp (“FimaCorp Shares”)
as may be determined by the Directors from time to time through Bursa Securities upon such
terms and conditions as the Directors may deem fit, necessary and expedient in the interest of
the Company, provided that:-
(i) the maximum aggregate number of FimaCorp Shares which may be purchased and/or
held by the Company shall not exceed 10% of the issued and paid-up share capital of the
Company at any time; and
(ii) the maximum funds to be allocated by the Company for the purpose of purchasing its own
shares shall not exceed the total retained profits of the Company for the time being.
THAT the Directors be and are hereby authorized to deal with the FimaCorp Shares so purchased
at their discretion, in the following manner:-
(i) cancel the FimaCorp Shares so purchased; or
(ii) retain the FimaCorp Shares so purchased as treasury shares which may be dealt with in
accordance with Section 127(7) of the Act; or
(iii) retain part of the FimaCorp Shares so purchased as treasury shares and cancel the
remainder of the FimaCorp Shares,
or in any other manner as may be prescribed by the Act, all applicable laws, regulations and
guidelines applied from time to time by Bursa Securities and/or other relevant authority for
the time being in force and that the authority to deal with the purchased FimaCorp Shares
shall continue to be valid until all the purchased FimaCorp Shares have been dealt with by the
Directors of the Company;