Inch Kenneth Kajang Rubber Announcements

RNS Number : 0447W Inch Kenneth Kajang Rubber 05 June 2008  
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INCH KENNETH KAJANG RUBBER PUBLIC LIMITED COMPANY
(UK Registration No. SC007574/Malaysian Company No. 990261 M)
(Incorporated in Scotland)

NOTICE OF ANNUAL GENERAL MEETING

NOTICE IS HEREBY GIVEN THAT the Ninety-Eighth Annual General Meeting of the Company will be held at Dewan Murni, Ground Floor, Menara Integriti, Institut Integriti Malaysia, Persiaran Duta, Off Jalan Duta, 50480 Kuala Lumpur on Thursday, 26 June 2008 at 10.00 a.m. for the following purposes:

Resolution 1
To receive and adopt the audited financial statements for the year ended 31 December 2007 and the Reports of the Directors and Auditors thereon.
 
Resolution 2
To approve the payment of Directors' fees in respect of the year ended 31 December 2007.
 
Resolution 3
To re-elect Encik Abdul Khudus bin Mohd. Naaim who retires under Article 86 of the Company's Articles of Association and being eligible, offers himself for re-election. 
 
Resolution 4
To re-elect Dr. Radzuan bin A. Rahman who retires under Article 86 of the Company's Articles of Association and being eligible, offers himself for re-election.
 
Resolution 5
To re-appoint Messrs UHY Hacker Young LLP, as Auditors of the Company and to authorise the Directors to fix their remuneration.
 
AS SPECIAL BUSINESS

SPECIAL RESOLUTION

To consider and if thought fit, to pass the following Special Resolution:
 
Resolution 6
PROPOSED RENEWAL OF AUTHORITY FOR THE PURCHASE BY INCH KENNETH KAJANG RUBBER PUBLIC LIMITED COMPANY ("IKKR" OR "THE COMPANY") OF ITS OWN SHARES

"THAT, subject to the Companies Act, 1965 ("Act"), the Memorandum and Articles of Association of the Company and the requirements of Bursa Malaysia Securities Berhad ("Bursa Securities") and any other relevant authorities, the Company be generally and unconditionally authorised to make market purchases (within the meaning of section 163(3) of the UK Companies Act 1985) of ordinary shares of 10p each in the capital of the Company ("IKKR Shares") provided that:

(a)
the maximum number of IKKR Shares hereby authorised to be purchased is 42,075,000 (representing 10% of the Company's issued ordinary share capital at 7 May 2008);
 

(b) 

the maximum amount of funds to be allocated by the Company shall not exceed the audited retained profits and the share premium account of the Company as at 31 December 2007 of RM17,163,000 and RM8,000 respectively;
 

(c)
the minimum price, exclusive of any expenses, which may be paid for an IKKR Share is the prevailing market share price;
 

(d)
the maximum price, exclusive of any expenses, which may be paid for any such share is an amount not more than 15% above the weighted average share price for the five (5) market days immediately preceding the date of the purchase(s);
 

(f)
the authority hereby conferred shall be in force immediately upon the passing of this resolution until the earlier of 25 December 2009 (the date which is 18 months after the meeting) or the close of the next annual general meeting of the Company or the authority is revoked or varied by ordinary resolution passed by the shareholders in a general meeting; and
 

(g)
the Company may make a contract for the purchase of IKKR Shares under this authority before the expiry of this authority which would or might be executed wholly or partly after the expiry of such authority, and may make purchases of IKKR Shares in pursuance of such a contract as if such authority had not expired.

To transact any other business of which due notice shall have been given.
By Order of the Board

LEE THAI THYE (LS 0000737)
Secretary
Kuala Lumpur, Malaysia
5 June 2008
Notes:
1.     A member of the Company entitled to attend and vote is entitled to appoint a proxy or proxies with a maximum of two (2) to attend and vote in his stead. A proxy need not be a member of the Company.
 
2.     The instrument appointing a proxy shall be in writing under the hand of the appointer or his attorney duly authorised in writing, or if the appointer is a corporation, either under its common seal or signed by an officer or attorney duly authorised.
 
3.     Where a member appoints more than one proxy, the appointment shall not be valid unless he specifies the proportion of his holding to be represented by each proxy.
 
4.     The instrument appointing a proxy must be deposited at the Registrar's Office, 22nd Floor Menara Promet, Jalan Sultan Ismail, 50250 Kuala Lumpur not less than forty-eight (48) hours before the time for holding the meeting or any adjournment thereof. For shareholders residing outside Malaysia, the Form of Proxy could also be forwarded by fax at +603 2141 9650.
 
 
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