ADDENDUM TO THE NOTICE OF SIXTEENTH ANNUAL GENERAL MEETING IN RELATION TO THE EXPLANATORY NOTES ON SPECIAL BUSINESS
TO : ALL SHAREHOLDERS OF HEITECH PADU BERHAD
Dear Sir/ Madam,
We refer to our Notice of Sixteenth (“16th“) Annual General Meeting (“AGM”) of HeiTech Padu Berhad (“HeiTech” or “the Company”) dated 31st May 2011.
We wish to inform that in respect of Note 1 under Explanatory Notes on Special Business, the whole Note 1 is deleted in its entirety and replaced with the following:-
(i) Explanatory note on Resolution 9 of the Agenda:
The ordinary resolution proposed under Agenda 9, if passed, will give the Board of Directors (“the Board”) the authority to issue and allot shares in the Company up to an amount not exceeding in total 10% of the issued share capital of the Company for the time being for such purposes as the Board consider would be in the interest of the Company. This authority, unless revoked or varied at a general meeting, will expire at the conclusion of the next AGM of the Company.
As at the date of this notice, the Directors have not utilised the mandate granted to the Directors at the last Annual General Meeting held on 23rd June 2010 and the said mandate will lapse at the conclusion of the Sixteenth Annual General Meeting.
The renewal of the general mandate will provide flexibility to the Company to issue new securities without convening separate general meeting to obtain its shareholders’ approval and thus incurring further cost and save time. The purpose of the general mandate is for possible fund raising exercises including but not limited to further placement of shares for purpose of funding current and/or future investment projects, working capital and/or acquisitions.
By order of the Board
Khaeruddin bin Sudharmin (LS 0007037)
Noriswadi bin Haji Ismail (LS 0008892)
1st June 2011