Annual General Meeting Print E-mail
Investor Relations - Annual General Meeting

NOTICE IS HEREBY GIVEN that the 19th Annual General Meeting of the Company will be held at Merbah Room, Lower Level , Hotel Equatorial Penang, No. 1 Jalan Bukit Jambul, 11900 Bayan Lepas, Penang on Thursday, 05 May 2016 at 10.30 a.m. for the following purposes :-

AGENDA

Ordinary Business

1.

To receive the Audited Financial Statements for the financial year ended 31 December 2015 together with the Reports of Directors and Auditors thereon.

Please refer to Note 6

2.

To consider and if thought fit, to pass with or without modifications, the following special resolution in accordance with Section 129(6) of the Companies Act, 1965 :

“That Dato’ Ng Kweng Moh, a director who retires pursuant to Section 129(2) of the Companies Act, 1965 be and is hereby re-appointed as a director of the Company to hold office until the conclusion of the next Annual General Meeting of the Company.”

 

Resolution 1

3.
To re-elect Mr. Ng Kweng Chong, a director who retires by rotation in accordance with Article 80 of the Company’s Articles of Association and who, being eligible, offers himself for re-election.
Resolution 2
4. To re-elect Dato’ Heng Huck Lee, a director who retires by rotation in accordance with Article 80 of the Company’s Articles of Association and who, being eligible, offers himself for re-election. Resolution 3
5. To re-elect Dato’ Iskandar Mizal Bin Mahmood, a director who retires by rotation in accordance with Article 80 of the Company’s Articles of Association and who, being eligible, offers himself for re-election. Resolution 4
6. To re-elect Mr. Yeow Teck Chai, a director who retires by rotation in accordance with Article 80 of the Company’s Articles of Association and who, being eligible, offers himself for re-election. Resolution 5
7. To approve the increase in directors’ fees and the payment of directors’ fees for the financial year ended 31 December 2015. Resolution 6
8. 
To approve the payment of a Single Tier Final Dividend of 4% per ordinary share of RM0.50 each and a Single Tier Special Dividend of 6% per ordinary share of RM0.50 each for the financial year ended 31 December 2015. Resolution 7
9. To re-appoint Messrs. KPMG as auditors of the Company to hold office until the conclusion of the next Annual General Meeting of the Company and to authorise the directors to fix their remuneration. Resolution 8
10. To transact any other business of which due notice shall have been given in accordance with the Company’s Articles of Association and the Companies Act, 1965.

FURTHER NOTICE IS HEREBY GIVEN THAT for the purpose of determining a member who shall be entitled to attend the 19th Annual General Meeting, the Company shall be requesting Bursa Malaysia Depository Sdn Bhd to issue a General Meeting Record of Depositors as at 27 April 2016. Only a depositor whose name appears on the Record of Depositors as at 27 April 2016 shall be entitled to attend the said meeting or appoint proxies to attend and/or vote on his/her behalf.

By Order of the Board,

LEE PENG LOON (MASC 01258)
P’NG CHIEW KEEM (MAICSA 7026443)

Joint Secretaries
Penang
Date : 13 April 2016

NOTES ON APPOINTMENT OF PROXY

  1. A proxy may but need not be a member of the Company.
  2. For a proxy to be valid, the proxy form, duly completed must be deposited at the registered office of the Company at 51-21-A Menara BHL Bank, Jalan Sultan Ahmad Shah, 10050 Penang not less than forty-eight (48) hours before the time for holding the meeting.
  3. A member shall be entitled to appoint one (1) or more proxies to attend and vote instead of him at the same meeting and where a member appoints two (2) or more proxies to vote at the same meeting, such appointment shall be invalid unless he specifies the proportion of his shareholding to be represented by each proxy.
  4. Where a member is an exempt authorized nominee which holds ordinary shares of the Company for multiple beneficial owners in one securities account (“omnibus account”), there is no limit to the number of proxies it may appoint in respect of each omnibus account it holds.
  5. In the case of a corporate member, the proxy form must be executed under the corporation’s common seal or under the hand of an officer or attorney duly authorised.
  6. NOTES ON ORDINARY BUSINESS

  7. Agenda 1 is meant for discussion only as the provision of Section 169(1) of the Companies Act, 1965 does not require a formal approval of shareholders of the Company and hence, the Agenda 1 is not put forward for voting.
  8. ANNUAL REPORT 2015

  9. The Annual Report 2015 is in CD-ROM format. Printed copy of the Annual Report shall be provided to the shareholder upon request within four (4) market days from the date of receipt of the verbal or written request. A copy of the Annual Report can also be downloaded at www.globetronics.com.my.

    Shareholders who wish to receive the printed Annual Report and who require assistance in viewing the CD-ROM, kindly contact Ms. Loo Wen Chyi at telephone no. 04-6444906 ext. 121 or email your request to  This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Notice of Dividend Entitlement

NOTICE IS ALSO HEREBY GIVEN that a Single Tier Final Dividend of 4% per ordinary share of RM0.50 each and a Single Tier Special Dividend of 6% per ordinary share of RM0.50 each for the financial year ended 31 December 2015, if approved, will be paid on 04 July 2016 to shareholders registered in the Record of Depositors of the Company on 20 June 2016.

A depositor shall qualify for entitlement only in respect of :

a. Shares transferred into the depositor’s securities account before 4.00 p.m. on 20 June 2016 in respect of ordinary transfers; and

b. Shares bought on Bursa Malaysia Securities Berhad on a cum entitlement basis according to the Rules of Bursa Malaysia Securities Berhad.

By Order of the Board,

LEE PENG LOON (MASC 01258)
P’NG CHIEW KEEM (MAICSA 7026443)
Joint Secretaries
Penang
Date : 13 April 2016