SEVENTH ANNUAL GENERAL MEETING DULY CONVENED AND HELD ON 30 NOVEMBER 2015

On behalf of the Board of Directors of Saudee Group Berhad [the “Company” or “Saudee”], we are pleased to inform that at the Seventh Annual General Meeting of the Company duly convened at Helang Hall, Cinta Sayang Resort, Persiaran Cinta Sayang, 08000 Sungai Petani, Kedah, the following resolutions were duly resolved:-

AS ORDINARY BUSINESSES      

1.    Approval for the payment of the Directors’ Fee of an amount up to RM144,000.00 for the financial year ending 31 May 2016.

2.     Re-election of Mr. Tan Khang Khim who retired under the Article 97(1) of the Articles of Association of the Company.

3.     Re-election of Mr. Sim Yee Fuan who retired under the Article 97(1) of the Articles of Association of the Company.

4.     Re-appointment of Messrs. Crowe Horwath as Auditors of the Company for the ensuing year and a mandate was given to the Board of Directors to fix their remuneration.

AS SPECIAL BUSINESSES

5.     Approval for the Authority to Issue Shares pursuant to Section 132D of the Companies Act, 1965.

6.     Approval for Renewal of Authority to Purchase its own Shares.