GENERAL MEETINGS: Notice of Meeting
| LION INDUSTRIES CORPORATION BERHAD |
| Type of Meeting |
General |
| Indicator |
Notice of Meeting |
| Description |
Notice of the 92nd Annual General Meeting of Lion Industries Corporation Berhad to be held virtually from the Broadcast Venue
|
| Date of Meeting |
25 May 2023 |
| Time |
10:30 AM |
| Venue(s) |
Broadcast Venue, Meeting Hall, Level 16, Lion Office Tower
No. 1 Jalan Nagasari
50200 Kuala Lumpur
Wilayah Persekutuan
Malaysia
Online Meeting Platform via Securities Services e-Portal
at https://sshsb.net.my/
with Remote Participation and Voting facilities
Malaysia
|
| Date of General Meeting Record of Depositors |
19 May 2023 |
Resolutions |
|
1. For Information
|
| Description |
To receive the Audited Financial Statements for the financial year ended 31 December 2022 and the Reports of the Directors and Auditors thereon.
|
| Shareholder’s Action |
For Information Only |
|
2. Ordinary Resolution 1
|
| Description |
To approve the payment of Directors' fees amounting to RM270,000 for the financial year ended 31 December 2022.
|
| Shareholder’s Action |
For Voting |
|
3. Ordinary Resolution 2
|
| Description |
To approve the payment of Directors' benefits of up to RM87,000 for the period commencing after the 92nd Annual General Meeting until the next annual general meeting of the Company.
|
| Shareholder’s Action |
For Voting |
|
4. Ordinary Resolution 3
|
| Description |
To re-elect Y. Bhg. Tan Sri Cheng Heng Jem who was appointed during the financial year and retires in accordance with Clause 111 of the Company's Constitution and who being eligible, has offered himself for re-election.
|
| Shareholder’s Action |
For Voting |
|
5. Ordinary Resolution 4
|
| Description |
To re-elect Ms Cheng Hui Ya, Serena who retires by rotation in accordance with Clause 110 of the Company's Constitution and who being eligible, has offered herself for re-election.
|
| Shareholder’s Action |
For Voting |
|
6. Ordinary Resolution 5
|
| Description |
To re-appoint Messrs Mazars PLT as Auditors of the Company and to authorise the Directors to fix their remuneration.
|
| Shareholder’s Action |
For Voting |
|
7. Ordinary Resolution 6
|
| Description |
To retain Y. M. Datuk Seri Utama Raja Nong Chik bin Dato' Raja Zainal Abidin as an independent non-executive Director of the Company.
|
| Shareholder’s Action |
For Voting |
|
8. Ordinary Resolution 7
|
| Description |
To approve the authority to Directors to issue and allot shares.
|
| Shareholder’s Action |
For Voting |
|
9. Ordinary Resolution 8
|
| Description |
To approve the proposed renewal of shareholders' mandate for recurrent related party transactions.
|
| Shareholder’s Action |
For Voting |
|
10. Ordinary Resolution 9
|
| Description |
To approve the proposed renewal of share buy-back authority.
|
| Shareholder’s Action |
For Voting |
|
Please refer attachment below.
Announcement Info
| Company Name |
LION INDUSTRIES CORPORATION BERHAD
|
| Stock Name |
LIONIND |
| Date Announced |
25 Apr 2023 |
| Category |
General Meeting |
| Reference Number |
GMA-12042023-00016 |
| Corporate Action ID |
MY230412MEET0015 |