Company Name

FAVELLE FAVCO BERHAD

Stock Name

FAVCO

Date Announced

25 Apr 2024

Category

General Meeting

Reference Number

GMA-24042024-00047

Corporate Action ID

MY240424MEET0046

Type of Meeting

General

Indicator

Notice of Meeting

Description

FAVELLE FAVCO BERHAD - Notice of Thirty-Second Annual General Meeting ("AGM")

The Thirty-Second AGM of the Company will be conducted on a fully virtual meeting entirely through live streaming from an online meeting platform.

Date of Meeting

12 Jun 2024

Time

11:00 AM

Venue(s)

TIIH Online website at https://tiih.online
as provided by Tricor Investor & Issuing House Services Sdn Bhd
Malaysia

Date of General Meeting Record of Depositors

04 Jun 2024

1. For Information

Description

To receive the Audited Financial Statements for the financial year ended 31 December 2023 and the Reports of the Directors and Auditors thereon.

Shareholder’s Action

For Information Only

2. Ordinary Resolution 1

Description

To approve the declaration of a first and final tax-exempt dividend of 9.0 sen per ordinary share in respect of the financial year ended 31 December 2023.

Shareholder’s Action

For Voting

3. Ordinary Resolution 2

Description

To re-elect Mr. Mac Ngan Boon @ Mac Yin Boon as Director of the Company.

Shareholder’s Action

For Voting

4. Ordinary Resolution 3

Description

To re-elect Ms. Lee Poh Kwee as Director of the Company.

Shareholder’s Action

For Voting

5. Ordinary Resolution 4

Description

To approve the payment of Directors' fees and benefits payable up to an amount of RM1,000,000.00 from 13 June 2024 until the next Annual General Meeting of the Company.

Shareholder’s Action

For Voting

6. Ordinary Resolution 5

Description

To re-appoint Messrs Crowe Malaysia PLT as the Company's Auditors for the ensuing year and to authorise the Directors to fix their remuneration.

Shareholder’s Action

For Voting

7. Ordinary Resolution 6 (First Tier)

Description

Authority for Encik Sobri Bin Abu to continue in office as an Independent Director of the Company.

Shareholder’s Action

For Voting

8. Ordinary Resolution 6 (Second Tier)

Description

Authority for Encik Sobri Bin Abu to continue in office as an Independent Director of the Company.

Shareholder’s Action

For Voting

9. Ordinary Resolution 7

Description

To approve the Proposed Renewal of Authority for Share Buy-Back.

Shareholder’s Action

For Voting

10. Ordinary Resolution 8

Description

To approve the Proposed Renewal of the Existing Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature.

Shareholder’s Action

For Voting