Our vision is to deliver - ChartNexus

MALAYSIAN RESOURCES CORPORATION BERHAD
4
the Circular with the Related Parties mentioned
therein which are necessary for the MRCB Group's
day-to-day
following:operations
subject further to the
(i) the transactions are in the ordinary course of
business and are on normal commercial terms
which are not more favourable to the Related
Parties than those generally available to the
public and are not to the detriment of the
minority shareholders; and
(ii) disclosure is made in the annual report of the
aggregate value of transactions conducted
pursuant to the Shareholders' Mandate
together with a breakdown of the aggregate
value of the transactions during the financial
year based on the type of transactions, names
of the related parties and their relationship;
AND THAT such approval shall continue to be in
force until:-
(i) the conclusion of the next AGM, at which time
it will lapse, unless by a resolution passed at
the said AGM, such authority is renewed;
(ii) the expiration of the period within which the
next AGM of the Company is required to be
held pursuant to Section 143(1) of the Act (but
shall not extend to such extension as may be
allowed pursuant to Section 143(2) of the Act);
or
(iii) revoked or varied by resolution passed by the
Shareholders in a General Meeting,
whichever is the earlier.
AND THAT the Directors of the Company be
authorised to complete and do all such acts and
things as they may consider expedient or necessary
to give full effect to the Shareholders' Mandate."
Resolution 9
8. Proposed Shareholders' Mandate For Recurrent
Related Party Transactions
"THAT subject to the Act, the Memorandum and
Articles of Association of the Company and the
Listing Requirements of Bursa Securities, approval be
and is hereby given to the Company and/or its
subsidiaries to enter into any of the categories of
Recurrent Related Party Transactions of a revenue or
trading nature set out as items 2 and 3 of Section
2.1.2 of the Circular with the Related Parties
mentioned therein which are necessary for the
MRCB Group's day-to-day operations subject further
to the following:-
(i) the transactions are in the ordinary course of
business and are on normal commercial terms
which are not more favourable to the Related
Parties than those generally available to the
public and are not to the detriment of the
minority shareholders; and
(ii) disclosure is made in the annual report of the
aggregate value of transactions conducted
pursuant to the Shareholders' Mandate
together with a breakdown of the aggregate
value of the transactions during the financial
year based on the type of transactions, names
of the related parties and their relationship;
AND THAT such approval shall continue to be in
force until:-
(i) the conclusion of the next AGM, at which time
it will lapse, unless by a resolution passed at
the said AGM, such authority is renewed;
(ii) the expiration of the period within which the
next AGM of the Company is required to be
held pursuant to Section 143(1) of the Act (but
shall not extend to such extension as may be
allowed pursuant to Section 143(2) of the Act);
or
(iii) revoked or varied by resolution passed by the
Shareholders in a General Meeting,
whichever is the earlier.
AND THAT the Directors of the Company be
authorised to complete and do all such acts and
things as they may consider expedient or necessary
to give full effect to the Shareholders' Mandate."
Resolution 10
9. Proposed Shareholders' Mandate For Recurrent
Related Party Transactions
"THAT subject to the Act, the Memorandum and
Articles of Association of the Company and the
Listing Requirements of Bursa Securities, approval be
and is hereby given to the Company and/or its
subsidiaries to enter into any of the categories of