AND THAT such approval shall continue to be in force until:
(i) the conclusion of the next Annual General Meeting (AGM), at which time it will lapse,
unless by a resolution passed at the said AGM, such authority is renewed;
(ii) the expiration of the period within the next AGM of the Company is required to be
held pursuant to Section 143(1) of the Act (but shall not extend to such extension as
may be allowed pursuant to Section 143(2) of the Act); or
(iii) revoked or varied by a resolution passed by the Shareholders in a General Meeting;
whichever is the earlier.
AND FURTHER that the Directors of the Company be authorised to complete and do all
such acts and things (including executing all such documents as may be required) as
they may consider expedient or necessary to give effect to this Shareholders’ Mandate.”
8.
Ordinary Resolution - Proposed Additional Shareholders’ Mandate for Recurrent
Related Party Transactions
“THAT, subject always to the Companies Act, 1965 (Act), the Memorandum and Articles
of Association of the Company and the Listing Requirements of Bursa Malaysia Securities
Berhad, approval be and is hereby given to the Company and/or its Subsidiaries to enter
into all transactions involving the Related Parties specified in Section 2.3.2 of the Circular
to Shareholders dated 9 March 2016, subject further to the following:
(i) the transactions are in the ordinary course of business necessary for the day-to-day
operations and on normal commercial terms not more favourable than those
generally available to the public and which are not to the detriment of the minority
shareholders;
(ii) disclosure will be made of a breakdown of the aggregate value of transactions
conducted pursuant to the Mandate during the financial year based on the following
information in the Company’s annual report and in the annual reports for subsequent
financial years that the Mandate continues in force:
(a) the type of the recurrent related party transactions made; and
(b) the names of the related parties involved in each type of the recurrent related
party transactions and their relationship with the Company; and
(iii) that such approval shall continue to be in force until:
(a) the conclusion of the next Annual General Meeting (AGM) of the Company
following the General Meeting at which the Proposed Shareholders’ Mandate is
passed, at which time it will lapse, unless by a resolution passed at the meeting,
the authority is renewed;
(b) the expiration of the period within which the next AGM after this date is required
to be held pursuant to Section 143(1) of the Act (but shall not extend to such
extension as may be allowed pursuant to Section 143(2) of the Act); or
(c) revoked or varied by resolution passed by the Shareholders in a General Meeting;
Resolution 8
N OTI CE o f an n ua l g en er a l meeti n g
Bo ustead plantati o ns Berhad
15 0
