annual report 2007 - ChartNexus

N OTICE OF THIRD ANNUAL GENERAL MEETING
NOTICE IS HEREBY GIVEN that the Third Annual General Meeting of Key ASIC Berhad will be held at
One World Hotel at First Avenue, Bandar Utama City Centre, 47800 Petaling Jaya, Selangor Darul Ehsan on
Tuesday, 10 June 2008 at 2:30 p.m. to transact the following business :-
ORDINARY BUSINESS
1) To receive the Audited Financial Statements for the financial year ended
31 December 2007 together with the Directors’ and Auditors’ Reports thereon.
2) To approve the payment of Directors' fees for the financial year ended
31 December 2007.
3) To re-elect Benny Ting Wu Hu who retires under Article 84 of the Company’s
Articles of Association.
4) To re-elect Lai Yit Loong who retires under Article 84 of the Company’s
Articles of Association.
5) To re-elect N. Chanthiran a/l Nagappan who retires under Article 90 of the
Company’s Articles of Association.
6) To re-appoint Messrs Tan Chin Huat & Co. as Auditors of the Company and to
authorise the Directors to fix their remuneration.
SPECIAL BUSINESS
To consider and if thought fit, to pass the following resolutions, with or without
modifications, as Ordinary / Special Resolutions of the Company :-
7) ORDINARY RESOLUTION I
AUTHORITY UNDER SECTION 132D OF THE COMPANIES ACT,
1965 FOR THE DIRECTORS TO ISSUE SHARES
“THAT pursuant to Section 132D of the Companies Act, 1965, and subject to
the approval of the relevant authorities, the Directors be and are hereby
empowered to issue and allot not more than ten percent (10%) of the issued
capital of the Company at any time upon such terms and conditions and for such
purposes as the Directors may in their absolute discretion deem fit AND THAT
such authority shall continue in force until the conclusion of the next Annual
General Meeting of the Company.”
8) ORDINARY RESOLUTION II
PROPOSED RATIFICATION AND PROPOSED SHAREHOLDERS’
MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS
OF A REVENUE OR TRADING NATURE
“THAT all the recurrent related party transactions of a revenue or trading nature
(“Recurrent Transactions”) entered into prior to the date of this resolution by the
Company and/or its subsidiary (“the Group”) with its related parties (“Related
Parties”) as stated in Section 2.4 of the Circular to Shareholders dated 16 May 2008,
which is necessary for its day-to-day operations, be and is hereby approved and
ratified on the basis that this transaction is entered into on terms
which are not more favourable to the Related Parties involved than generally
available to the public and are not detrimental to the minority shareholders of
the Company (“Proposed Ratification”).
(Resolution 1)
(Resolution 2)
(Resolution 3)
(Resolution 4)
(Resolution 5)
(Resolution 6)
(Resolution 7)
(Resolution 8)
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