provided that: (1) the aggregate number of Shares to be issued pursuant to this Resolution (including Shares to be issued in pursuance of the Instruments, made or granted pursuant to this Resolution), shall not exceed fifty per cent (50%) of the total number of issued Shares (excluding treasury shares and subsidiary holdings) (as calculated in accordance with sub-paragraph (2) below), of which the aggregate number of Shares to be issued other than on a pro-rata basis to existing shareholders of the Company shall not exceed twenty per cent (20%) of the total number of issued Shares (excluding treasury shares and subsidiary holdings) (as calculated in accordance with sub-paragraph (2) below); (2) (subject to such manner of calculation as may be prescribed by the SGX-ST) for the purpose of determining the aggregate number of Shares that may be issued under sub-paragraph (1) above, the percentage of total issued Shares shall be based on the total issued Shares (excluding treasury shares and subsidiary holdings) at the time this Resolution is passed, after adjusting for: (i) new Shares arising from the conversion or exercise of any convertible securities; (ii) new Shares arising from exercising of share options or vesting of share awards outstanding and/or subsisting at the time of the passing of this Resolution, provided the share options or share awards (as the case may be) were granted in compliance with Part VIII of Chapter 8 of the Mainboard Rules; and (iii) any subsequent bonus issue, consolidation or sub-division of Shares. (3) in exercising the authority conferred by this Resolution, the Company shall comply with the provisions of the Mainboard Rules for the time being in force (unless such compliance has been waived by the SGX-ST), all applicable legal requirements under the Act and the Constitution for the time being of the Company; and (4) the authority conferred by this Resolution shall, unless revoked or varied by the Company in general meeting, continue to be in force until the conclusion of the next annual general meeting of the Company or the date by which the next annual general meeting of the Company is required by law to be held, whichever is the earlier.” [See Explanatory Note (e)] By Order of the Board Lim Guek Hong Company Secretary 16 March 2026 Singapore Explanatory Notes: (a) The Directors’ Fees of $54,850, if approved, will be paid to Mr Chong Wai Siak and Mr Koh Tee Huck Kenneth, who will retire at the forthcoming AGM. Each of them will receive Directors’ fees of $27,425 for the period from 1 October 2025 to 31 March 2026. (b) Detailed Information pursuant to Rule 720(6) of the Listing Manual of the SGX-ST on Mr Xu Quanqiang can be found on pages 134 and 135 of the Annual Report. (c) In relation to item 5(i) above, Mr Chong Wai Siak, who is due for retirement by rotation pursuant to Article 117 of the Company’s Constitution at the forthcoming AGM, will not be seeking re-election. Mr Chong Wai Siak will retire from the Board of Directors at the conclusion of the AGM. He will also relinquish his positions as the Chairman of the Remuneration Committee and a member of the Audit Committee and Nominating Committee. (d) In relation to item 5(ii) above, Mr Koh Tee Huck Kenneth, who is due for retirement by rotation pursuant to Article 117 of the Company’s Constitution at the forthcoming AGM, will not be seeking re-election. Mr Koh Tee Huck Kenneth will retire from the Board of Directors at the conclusion of the AGM. He will also relinquish his positions as the Chairman of the Nominating Committee and a member of the Audit Committee and Remuneration Committee. ANNUAL REPORT 2025 KEONG HONG HOLDINGS LIMITED 130 NOTICE OF ANNUAL GENERAL MEETING
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