Hatching For The Future - teo seng capital berhad

Teo Seng Capital Berhad
APPENDIX I
Proposed Amendments To The Articles Of
Association Of The Company
Article
No.
EXISTING ARTICLES PROPOSED ARTICLES Rationale(s)
68
A meeting of the Company called for the
passing of a special resolution and an annual
general meeting shall be called by
twenty-one (21) days’ notice in writing at the
least. Any other meetings of the Company
shall be called by fourteen (14) days’ notice
in writing at the least specifying the place,
day and hour of the meeting and, in the case
of special business shall also specify the
general nature of that business and shall be
accompanied by a statement regarding the
effect of any proposed resolution in respect
of such special business. Notice of every
such meeting shall be given by
advertisement in at least one daily national
newspaper and in writing to the Exchange on
which the Company is listed.
A meeting of the Company called for the
passing of a special resolution and an annual
general meeting shall be called by
twenty-one (21) days’ notice in writing at the
least. Any other meetings of the Company
shall be called by fourteen (14) days’ notice
in writing at the least specifying the place,
day and hour of the meeting. The notices
shall also include the date of the Record
of Depositors, as at the latest date which
is reasonably practical and in any event
shall not be less than three (3) market
days before the meeting for the purpose
of determining whether a depositor shall
be regarded as a Member entitled to
attend, speak and vote at the meeting. In
the case of special business, the notice
shall also specify the general nature of that
business and shall be accompanied by a
statement regarding the effect of any
proposed resolution in respect of such
special business. Notice of every such
meeting shall be given by advertisement in at
least one daily national newspaper and in
writing to the Exchange on which the
Company is listed.
To be
consistent
with Para
9.19(6) of the
Listing
Requirements
70
Every notice calling a general meeting shall
appear with reasonable prominence in every
such notice a statement that a member
entitled to attend and vote is entitled to
appoint one or more proxy to attend and
vote instead of him and that the proxy need
not be a member of the Company. Where a
member of the Company is an authorised
nominee as defined under the Depositories
Act, it may appoint at least one proxy in
respect of each securities account it holds
with ordinary shares of the Company
standing to the credit of the said securities
account. Where a member appoint two (2) or
more proxies to attend the same meeting,
the member shall specify the proportion of
his shareholdings to be represented by each
proxy.
Every notice calling a general meeting shall
appear with reasonable prominence in every
such notice a statement that a member
entitled to attend and vote is entitled to
appoint not more than two (2) proxies to
attend and vote instead of him. Where a
member of the Company is an authorised
nominee as defined under the Depositories
Act, it may appoint at least one proxy but
not more than two (2) proxies in respect of
each securities account it holds with ordinary
shares of the Company standing to the credit
of the said securities account.
To limit the
appointment
of proxies to
not more than
two (2) for
each member.
Annual Report 2012
104