Annual Report 2006 - Venture Corporation Limited

notice of annual general meeting
NOTICE IS HEREBY GIVEN that the Annual General Meeting of VENTURE CORPORATION LIMITED (“the Company”) will be held
at the Board Room, 5006 Ang Mo Kio Avenue 5 #05-01/12, TECHplace II, Singapore 569873 on Thursday, April 26, 2007 at
11.30 a.m. for the following purposes:-
AS ORDINARY BUSINESS
1. To receive and adopt the Directors’ Report and the Audited Accounts of the Company for the year ended December 31, 2007
together with the Auditors’ Report thereon. (Resolution 1)
2. To declare a final tax-exempt dividend of 25 cents per ordinary share and a bonus tax-exempt dividend of 25 cents per
ordinary share for the year ended December 31, 2006 (2005: final tax-exempt dividend of 25 cents per ordinary share
and a bonus tax-exempt dividend of 25 cents per ordinary share). (Resolution 2)
3. To re-elect the following Directors retiring pursuant to Article 92 of the Company’s Articles of Association:-
Mr Goh Geok Ling (Resolution 3)
Mr Goon Kok Loon (Resolution 4)
Mr Goh Geok Ling and Mr Goon Kok Loon will, upon re-election as Directors of the Company, remain members of
the Audit Committee and will be considered independent for the purposes of Rule 704(8) of the Listing Manual of the
Singapore Exchange Securities Trading Limited (“SGX-ST”).
4. To pass the following Ordinary Resolution pursuant to Section 153(6) of the Companies Act, Cap. 50:-
“That pursuant to Section 153(6) of the Companies Act, Cap. 50, Mr Cecil Vivian Richard Wong be re-appointed a
Director of the Company to hold office until the next Annual General Meeting.”
[See Explanatory Note (i)]
Mr Cecil Vivian Richard Wong will, upon re-election as a Director of the Company, remain as Chairman of the Audit
Committee and will be considered independent for the purposes of Rule 704(8) of the Listing Manual of the SGX-ST.
(Resolution 5)
5. To approve the payment of Directors’ fees of $264,000 for the year ended December 31, 2006 (2005: $127,000).
(Resolution 6)
6. To re-appoint Messrs Deloitte & Touche as the Company’s Auditors and to authorise the Directors to fix their
remuneration. (Resolution 7)
7. To transact any other ordinary business which may properly be transacted at an Annual General Meeting.
AS SPECIAL BUSINESS
To consider and if thought fit, to pass the following resolutions as Ordinary Resolutions, with or without any modifications:
8. Authority to allot and issue shares up to 50 per cent of issued capital
That pursuant to Section 161 of the Companies Act, Cap. 50 and the Listing Manual of the SGX-ST, authority be and is
hereby given to the Directors to:-
(a) (i) issue shares in the capital of the Company (“shares”) whether by way of rights, bonus or otherwise; and/or
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