Annual Report 2020

NOTICE IS HEREBY GIVEN that the 23rd Annual General Meeting (“AGM”) of QL Resources Berhad (“QL” or the “Company”) will be conducted entirely through live streaming from the broadcast venue at QL Training Hall, No. 16A, Jalan Astaka U8/83, Bukit Jelutong, 40150 Shah Alam, Selangor (“Broadcast Venue”) on Tuesday, 29 September 2020 at 10.00 a.m. to transact the following businesses: AGENDA As Ordinary Business: 1. To receive the Audited Financial Statements for the financial year ended 31 March 2020 together with the Directors’ and Auditors’ Report thereon. Refer to Explanatory Note 1 2. To approve the payment of a final single tier dividend of 4.50 sen per ordinary share in respect of the financial year ended 31 March 2020. Ordinary Resolution 1 3. To re-elect the following Directors who retire in accordance with Clause 124 of the Company’s Constitution and being eligible, offers themselves for re-election: Chia Song Kun Ordinary Resolution 2 Chia Song Kooi Ordinary Resolution 3 Kow Poh Gek Ordinary Resolution 4 4. To re-elect the following Directors who retire in accordance with Clause 129 of the Company’s Constitution and being eligible, offers themselves for re-election: Low Teng Lum Ordinary Resolution 5 Wee Beng Chuan Ordinary Resolution 6 5. To approve the proposed payment of Directors’ fees amounting to RM973,500 from 1 October 2020 until the next Annual General Meeting, and further, to authorise the Directors to apportion the fees and make payment in the manner as the Directors may determine. Ordinary Resolution 7 6. To approve the proposed payment of Directors’ benefits amounting to RM61,185 from 1 October 2020 until the next Annual General Meeting. Ordinary Resolution 8 7. To approve the additional payment of Directors’ fees of RM88,500 following the postponement of the Annual General Meeting in 2020. Ordinary Resolution 9 8. To re-appoint Messrs. KPMG PLT as the auditors of the Company and to authorise the Directors to fix their remuneration. Ordinary Resolution 10 A Milestone on Our Sustainable Growth Journey 231 Notice of Annual General Meeting