REXIT BERHAD (Company No. 668114-K)
(Incorporated in Malaysia)
SUMMARY OF THE KEY MATTERS DISCUSSED AT THE THIRTEENTH (13TH) ANNUAL GENERAL MEETING OF THE COMPANY HELD AT GREENS I, CLUB HOUSE, TROPICANA GOLF & COUNTRY RESORT, JALAN KELAB TROPICANA, 47410 PETALING JAYA, SELANGOR DARUL EHSAN ON MONDAY, 27 NOVEMBER 2017 AT 9.30 A.M.
1. AUDITED FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 30 JUNE 2017
The Chairman informed that the Audited Financial Statements for the financial year ended 30 June 2017 and the Reports of Directors and Auditors thereon were circulated to all the shareholders of the Company within the statutory period. Datuk Chung Hon Cheong, the CEO of the Company shared an overview of the operational and financial highlights of the Company for the financial year ended 30 June 2017. The Chairman then proceeded to invite questions from the shareholders and proxies. After having addressed all the questions raised, the Chairman declared that the Audited Financial Statements for the financial year ended 30 June 2017 and the Reports of Directors and Auditors thereon, be received.
For the rest of the items on the Agenda stated below, there were no questions raised by the shareholders. All the resolutions tabled at the Meeting and voted upon by polling were duly passed by the shareholders, with the results of the polling announced accordingly to Bursa Malaysia Securities Berhad on 27 November 2017.
2. ORDINARY RESOLUTION 1
RE-ELECTION OF DATUK CHUNG HON CHEONG
3. ORDINARY RESOLUTION 2
RE-ELECTION OF KUAH HUN LIANG
4. ORDINARY RESOLUTION 3
RE-APPOINTMENT OF DATUK NG KAM CHIU
5. ORDINARY RESOLUTION 4
DIRECTORS’ FEES FOR THE FINANCIAL YEAR ENDED 30 JUNE 2017
6. ORDINARY RESOLUTION 5
DIRECTORS’ FEES AND DIRECTORS’ BENEFITS UP TO THE NEXT ANNUAL GENERAL MEETING
7. ORDINARY RESOLUTION 6
RE-APPOINTMENT OF AUDITORS
8. ORDINARY RESOLUTION 8
CONTINUING IN OFFICE AS INDEPENDENT NON-EXECUTIVE DIRECTOR – DATUK NG KAM CHIU
9. ORDINARY RESOLUTION 9
AUTHORITY TO ISSUE AND ALLOT SHARES PURSUANT TO SECTION 75 AND SECTION 76 OF THE COMPANIES ACT 2016
10. ORDINARY RESOLUTION 10
PROPOSED RENEWAL OF AUTHORITY FOR THE PURCHASE BY THE COMPANY OF ITS OWN SHARES
ANY OTHER BUSINESS
There were no other matters discussed.