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RESERVOIR LINK ENERGY BHD - NOTICE OF MEETING OF MEMBERS
Date of Meeting
30 Dec 2025
Time
02:00 PM
Venue(s)
Tropicana Golf & Country Resort,
Greens III, Sports Wing,
Jalan Kelab Tropicana,
47410 Petaling Jaya, Selangor
Malaysia
Date of General Meeting Record of Depositors
24 Dec 2025
Resolutions
1. Ordinary Resolution 1
Description
PROPOSED ACQUISITION BY RESERVOIR LINK SDN BHD ("RLSB" OR THE "PURCHASER"), A WHOLLY-OWNED SUBSIDIARY OF RLEB, OF THE REMAINING 70% EQUITY INTEREST IT DOES NOT ALREADY OWN IN PROPEL MAXFLO SDN BHD ("MAXFLO"), FOR A PURCHASE CONSIDERATION OF APPROXIMATELY RM17.24 MILLION TO BE SATISFIED VIA A COMBINATION OF CASH PAYMENT OF APPROXIMATELY RM13.79 MILLION AND THE BALANCE OF APPROXIMATELY RM3.45 MILLION BY WAY OF ISSUANCE OF 18,688,347 NEW ORDINARY SHARES IN RLEB ("RLEB SHARE(S)" OR SHARE(S)") ("CONSIDERATION SHARE(S)") AT AN ISSUE PRICE OF RM0.1845 ("PROPOSED ACQUISITION")
Shareholder’s Action
For Voting
2. Ordinary Resolution 2
Description
PROPOSED ESTABLISHMENT OF A NEW LONG-TERM INCENTIVE PLAN ("LTIP") COMPRISING AN EMPLOYEES' SHARE OPTION SCHEME ("ESOS") AND A SHARE GRANT SCHEME, OF UP TO 15% OF THE TOTAL NUMBER OF ISSUED SHARES IN RLEB (EXCLUDING TREASURY SHARES) AT ANY POINT IN TIME DURING THE DURATION OF THE LTIP FOR THE ELIGIBLE DIRECTORS AND EMPLOYEES OF RLEB AND ITS SUBSIDIARIES (EXCLUDING DORMANT SUBSIDIARIES) ("RLEB GROUP" OR THE "GROUP") ("ELIGIBLE PERSONS") WHO FULFIL THE ELIGIBILITY CRITERIA AS SET OUT IN THE BY-LAWS GOVERNING THE LTIP, AFTER THE TERMINATION OF THE COMPANY'S EXISTING ESOS ("PROPOSED LTIP")
Shareholder’s Action
For Voting
3. Ordinary Resolution 3
Description
PROPOSED ALLOCATION OF LTIP AWARDS TO DATUK TAI HEE
Shareholder’s Action
For Voting
4. Ordinary Resolution 4
Description
PROPOSED ALLOCATION OF LTIP AWARDS TO THIEN CHIET CHAI
Shareholder’s Action
For Voting
5. Ordinary Resolution 5
Description
PROPOSED ALLOCATION OF LTIP AWARDS TO DATO' WAN HASSAN BIN MOHD JAMIL
Shareholder’s Action
For Voting
6. Ordinary Resolution 6
Description
PROPOSED ALLOCATION OF LTIP AWARDS TO DATO' AHMAD RIZAL BIN ABDUL RAHMAN
Shareholder’s Action
For Voting
7. Ordinary Resolution 7
Description
PROPOSED ALLOCATION OF LTIP AWARDS TO ELAIN BINTI LOCKMAN
Shareholder’s Action
For Voting
8. Ordinary Resolution 8
Description
PROPOSED ALLOCATION OF LTIP AWARDS TO REWI HAMID BUGO
Shareholder’s Action
For Voting
9. Ordinary Resolution 9
Description
PROPOSED ALLOCATION OF LTIP AWARDS TO MAD HAIMI BIN ABU HASSAN