AwanBiru Technology Berhad - Annual Report 2021

Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Eleventh Annual General Meeting (“ 11 th AGM ”) of AwanBiru Technology Berhad (“ the Company ”) will be held on a virtual basis through online meeting platform hosted at https://meeting.boardroomlimited.my (Domain Registration No. with MYNIC - D6A357657) provided by Boardroom Share Registrars Sdn. Bhd. at the broadcast venue at Level 12, Menara Symphony, No. 5, Jalan Prof. Khoo Kay Kim, Seksyen 13, 46200 Petaling Jaya, Selangor Darul Ehsan, Malaysia on Wednesday, 24 November 2021 at 10:00 a.m. for the following purposes:- AGENDA 1. To receive the Audited Financial Statements for the financial year ended 30 June 2021 together with the Reports of the Directors and the Auditors thereon. 2. To approve the additional payment of Directors’ fees amounting to RM44,129.00 which was in excess of the earlier approved amount of RM450,000.00 for the financial year ended 30 June 2021. 3. To approve the additional payment of Directors’ benefits up to an amount of RM50,000.00 which was in excess of the earlier approved amount of RM153,000.00 from 26 November 2020 until the conclusion of the next Annual General Meeting of the Company to be held in year 2021. 4. To approve the payment of Directors’ fees up to an amount of RM996,000.00 for the period from 1 July 2021 until the next Annual General Meeting of the Company to be held in year 2022. 5. To approve the payment of Directors’ benefits up to an amount of RM242,200.00 from 25 November 2021 until the next Annual General Meeting of the Company to be held in year 2022. 6. To re-elect the following Directors who are retiring pursuant to Clause 119 of the Company’s Constitution and being eligible, have offered themselves for re-election:- (a) Mr. Ramanathan a/l Sathiamutty; and (b) Mr. Baldesh Singh a/l Manmohan Singh. 7. To re-elect the following Directors who are retiring pursuant to Clause 118 of the Company’s Constitution and being eligible, have offered themselves for re-election:- (a) Encik Syed Naqiz Shahabuddin bin Syed Abdul Jabbar; (b) YM Tunku Abang Faisal Amir bin Abang Abu Bakar; and (c) Dato’ Tharuma Rajah @ K.T. Rajan a/l R. Krishnan. 8. To re-appoint Messrs. Crowe Malaysia PLT as Auditors of the Company until the conclusion of the next Annual General Meeting and to authorise the Directors to fix their remuneration. As Special Business To consider and if thought fit, with or without any modification, to pass the following Ordinary Resolutions:- 9. ORDINARY RESOLUTION NO. 1 AUTHORITY TO ISSUE SHARES PURSUANT TO THE COMPANIES ACT 2016 “ THAT subject always to the Companies Act 2016 (“ the Act ”), the Constitution of the Company and approvals from Bursa Malaysia Securities Berhad (“ Bursa Securities ”) and any other relevant governmental and/or regulatory authorities, the Directors be and are hereby empowered pursuant to the Act, to issue and allot shares in the capital of the Company from time to time at such price and upon such terms and conditions, for such purposes and to such person or persons whomsoever the Directors may in their absolute discretion deem fit, provided always that the aggregate number of shares to be issued pursuant to this resolution does not exceed ten per centum (10%) of the total number of issued shares of the Company for the time being. (Please refer to Note No. 7) (Resolution 1) (Resolution 2) (Resolution 3) (Resolution 4) (Resolution 5) (Resolution 6) (Resolution 7) (Resolution 8) (Resolution 9) (Resolution 10) (Resolution 11) Accountability | Awantec Annual Report 2021 247