SumiSaujana Group Berhad announced the successful conclusion of its Second Annual General Meeting, with shareholders approving all resolutions tabled at the meeting.
Shareholders approved the payment of Directors’ fees and benefits for the period from 24 June 2026 until the next Annual General Meeting of the Company. The meeting also saw the re-election of Liang Kok Siang and Toh Chee Seng as Directors of the Company, in accordance with the Company’s Constitution.
In addition, Crowe Malaysia PLT was re-appointed as Auditors of the Company for the financial year 2026, with shareholders authorising the Directors to fix their remuneration.
Shareholders also approved the general mandate pursuant to Sections 75 and 76 of the Companies Act 2016, authorising the Directors to issue and allot new ordinary shares of up to 10% of the total number of issued shares of the Company, subject to the relevant regulatory requirements. The mandate provides SumiSaujana with strategic flexibility to support future funding requirements, working capital needs, potential investments, acquisitions and other corporate purposes where appropriate.
