CAHYA MATA SARAWAK ANNUAL REPORT 2016

211 Cahya Mata Sarawak Berhad A N N U A L R E P O R T 2 0 1 6 Section 09 A n n u a l g e n e r a l m e e t i n g 2 0 1 7 NOTICE OF 42 ND ANNUAL GENERAL MEETING 9. Proposed Renewal of Shareholders’ Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature and New Shareholders’ Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature (“Proposed Shareholders’ Mandate for RRPT”) “THATsubject always to theMainMarket ListingRequirementsof BursaMalaysiaSecurities Berhad, approval be and is hereby given to the Company and/or its subsidiaries to enter into recurrent related party transactions of a revenue or trading nature with those related parties as set out in Part A of the Circular to Shareholders dated 4 April 2017 (“Circular”) which are necessary for the CMS Group’s day-to-day operations subject to the following: (a) the transactions are in the ordinary course of business and are on terms not more favourable to the related parties than those generally available to the public and not to the detriment of minority shareholders; and (b) disclosure of the aggregate value of recurrent transactions conducted pursuant to the Proposed Shareholders’ Mandate for RRPT will be disclosed in the Annual Report for the said financial year AND that such approval shall continue to be in force until: (i) the conclusion of the next Annual General Meeting of the Company, at which time it will lapse, unless by a resolution passed at a general meeting the authority is renewed; (ii) the expiration of the period within which the next Annual General Meeting of the Company subsequent to the date it is required to be held pursuant to Section 340(2) of the Companies Act 2016 (“the Act”) (but shall not extend to such extension as may be allowed pursuant to Section 340(4) of the Act); or (iii) revoked or varied by resolution passed by the shareholders in a general meeting, whichever is earlier. AND THAT the Directors of the Company be and are hereby authorised to complete and do all such acts and things (including executing such documents as may be required) as they may consider expedient or necessary to give effect to the Proposed Shareholders’ Mandate for RRPT. ANDTHAT the estimated value given on the recurrent related party transactions specified in Sections 2.1.4 and 2.1.5 of the Circular being provisional in nature, the Directors of the Company be hereby authorised to agree to the actual amount or amounts thereof provided always that such amount or amounts comply with the review procedures set out in Section 2.1.8 of the Circular.” Ordinary Resolution 9