Resolutions Passed At The Annual General Meeting ("AGM") Of Reliance Pacific Berhad ("RPB")
| General Announcement Reference No RP-010926-62236 |
| Company Name | : | RELIANCE PACIFIC BERHAD |
| Stock Name | : | RPB |
| Date Announced | : | 27/09/2001 |
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| Type | : | Announcement |
| Subject | : | RESOLUTIONS PASSED AT THE ANNUAL GENERAL MEETING ("AGM") OF RELIANCE PACIFIC BERHAD ("RPB") |
Contents :
On behalf of the Board of Directors of RPB, we are pleased to announce that at the AGM held today, all the resolutions including the following resolutions were confirmed carried :-
1.0 Ordinary Resolutions
1.1 Approval under Section 132(D) of the Companies' Act 1965
"THAT subject always to the approval of all the relevant regulatory bodies being obtained, the Directors be and are hereby authorised, pursuant to Section 132D of the Companies Act 1965, to allot and issue shares in the Company at any time until the conclusion of the next Annual General Meeting and upon such terms and conditions and for such purpose as the Directors may, in their absolute discretion, deem fit provided that the aggregate number of shares to be issued does not exceed 10 per centum of the issued shares capital of the Company for the time being."
1.2 Proposed General Mandate On Recurrent Related Party transactions of a Revenue Nature
"THAT subject to the Companies Act, 1965 the Memorandum and Articles of Association of the Company and the requirements of the Kuala Lumpur Stock Exchange, approval be and is hereby given to the Company and its subsidiaries, to enter and give effect to specified recurrent transactions of a revenue or trading nature and with specified classes of the related parties as stated in Section 3.1 of the Circular to shareholders dated 5 September 2001 which are necessary for the Group's day to day operations subject further to the following :-
(ii) the Mandate is subject to annual renewal which shall only continue to be in force until the conclusion of the next annual general meeting of the Company unless revoked or varied by resolution passed by the shareholders in general meeting whichever is the earlier.
AND THAT the Directors be and hereby empowered to do all acts and things to give effect to the General Mandate on Recurrent Related Party Transactions AND THAT such authority shall commence immediately upon passing of this resolution until the conclusion of the next annual general meeting of the Company.
2.0 Special Resolution
2.1 Proposed Amendments to the Articles of Association
"THAT the proposed amendments to the Articles of Association of the Company as set out in Appendix II of the Circular to shareholders dated 5 September 2001 be hereby approved and THAT the Directors of the Company be and are hereby authorised to make any other amendments to the Articles of Association of the Company as may be required by the relevant authorities and/or as may be required to comply with the Listing Requirements of the Kuala Lumpur Stock Exchange and/or the Rules of the Malaysian Central Depository Sdn Bhd.
cc. Securities Commission
Bursa Announcement
