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The Board of Directors of Sarawak Concrete Industries Bhd is pleased to announce that at the AGM held today, all resolutions tabled were unanimously approved including the re-appointment of Directors. The Board of Directors now comprises of the following:-
Name of Directors Office
1. YB Haji Talib Bin Zulpilip Chairman/Non-Independent
Non-Executive Director
2. Encik Zainal Abidin Bin Ahmad Managing Director
3. YBhg Datuk Michael Peter Donald Parker @ Independent Non-Executive
Michael Donald Peter Parker Director
4. YBhg Datu Voon Chen Hian @ Independent Non-Executive
Voon Chen Kok Director
5. Mr Augustine Jose Anak Duna Non-Independent Non-
Executive Director
6. Encik Ahmad Tarmizi Bin Sulaiman Non-Independent Non-
Executive Director
The present Audit Committee members are as follows:-
Name of Audit Committee members Office
1. YBhg Datuk Michael Peter Donald Parker @ Chairman/Independent Non-Executive
Michael Donald Peter Parker Director
2. YBhg Datu Voon Chen Hian @ Independent Non-Executive
Voon Chen Kok Director
3. Mr Augustine Jose Anak Duna Non-Independent Non-
Executive Director
The members at the AGM approved the following ordinary resolution:-
"THAT Messrs Ernst & Young be and are hereby appointed as Auditors of the Company in place of the retiring auditors, Messrs KPMG and to hold office until the conclusion of next Annual General Meeting at a remuneration to be fixed by Directors."
The following ordinary resolutions under special businessess also approved by members at the AGM :-
1. Ordinary Resolution
THAT pursuant to Section 132D of the Companies Act, 1965, the Directors be and are hereby empowered to issue shares in the Company, at any time and upon such terms and conditions and for such purposes as the Directors may, in their absolute discretion, deem fit, provided that the aggregate number of shares issued pursuant to this resolution in any one financial year does not exceed 10% of the issued capital of the Company for the time being and that the Directors be and are also empowered to obtain approval for the listing and quotation of the additional shares so issued on the Kuala Lumpur Stock Exchange and that such authority shall continue in force until the conclusion of the next Annual General Meeting of the Company.
2. Ordinary Resolution
THAT in accordance with Section 132E of the Companies Act, 1965, authority be and is hereby given to the Company or its related corporations to enter into arrangements or transactions with the Directors of the Company or any person connected with such Directors (within the meaning of Section 122A, Companies Act, 1965) whereby the Company or its related corporations may acquire from or dispose to such Directors or connected persons non-cash assets including but not limited to land, development properties, capital equipment and related machineries and/or any other assets or products of the Company or its related corporations provided that such acquisitions or disposals are on commercial terms and in the ordinary course of business, such authority will continue to be in force until the conclusion of the next Annual General Meeting AND THAT for the avoidance of doubt, any such transactions entered into by the Company or its subsidiaries with the Directors or connected persons prior to the date of this resolution be and are hereby approved and ratified.