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Annual Report 2014 | S P SETIA BERHAD GROUP | 219

Vi. Other Information

notice of annual general meeting

S P SETIA BERHAD (19698-X)

AS SPECIAL BUSINESS

To consider and if thought fit, to pass the following Resolutions:-

7.

ORDINARY RESOLUTION

PROPOSED SHAREHOLDERS’ MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A

REVENUE ORTRADING NATURE AS SPECIFIED IN SECTION 2.3.1 OFTHE CIRCULARTO SHAREHOLDERS

DATED 4 MARCH 2015

THAT

, subject always to the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, approval

be and is hereby given to the Company and its subsidiaries (“S P Setia Group”) to enter into and give effect to

specified recurrent related party transactions of a revenue or trading nature of the S P Setia Group with specified

classes of Related Parties (

as defined in the Main Market Listing Requirements of Bursa Malaysia Securities

Berhad and as specified in Section 2.3.1 of the Circular to Shareholders dated 4 March 2015

) which are necessary

for the day to day operations in the ordinary course of business and are carried out at arms’ length basis on

normal commercial terms of the S P Setia Group on terms not more favourable to the Related Parties than those

generally available to the public and are not detrimental to minority shareholders of the Company and such

approval shall continue to be in force until:

(i) the conclusion of the next Annual General Meeting of the Company (“AGM”) at which time it will lapse,

unless by a resolution passed at the meeting, the authority is renewed;

(ii) the expiration of the period within which the next AGM after the date it 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

authority be and is hereby given to the Directors of the Company to complete and do all such acts

and things as they may consider necessary or expedient in the best interest of the Company (including executing

all such documents as may be required) to give effect to the transactions contemplated and/or authorised by this

Ordinary Resolution.”

Resolution 10