VELESTO

0.340

-0.005 (-1.4%)

GENERAL MEETINGS: Notice of Meeting

VELESTO ENERGY BERHAD

Type of Meeting General
Indicator Notice of Meeting
Description
Velesto Energy Berhad 
Notice of 16th Annual General Meeting ("16th AGM")
Date of Meeting 03 Jun 2026
Time 02:00 PM

Venue(s)
The Summit 1 Ballroom, Level M1, The Vertical

Bangsar South City, No. 8, Jalan Kerinchi

59200 Kuala Lumpur

Wilayah Persekutuan Kuala Lumpur

Malaysia

Date of General Meeting Record of Depositors 25 May 2026

Resolutions


1. For Information

Description
To receive the Audited Financial Statements for the financial year ended 31 December 2025 and the Reports of the Directors and Auditors thereon.
Shareholder’s Action For Information Only

2. Ordinary Resolution 1

Description
To re-elect Ir. Dr. Mohd Shahreen Zainooreen Madros who retires in accordance with Clause 96 of the Company's Constitution and being eligible, has offered himself for re-election.
Shareholder’s Action For Voting

3. Ordinary Resolution 2

Description
To re-elect Alan Hamzah Sendut who retires in accordance with Clause 96 of the Company's Constitution and being eligible, has offered himself for re-election.
Shareholder’s Action For Voting

4. Ordinary Resolution 3

Description
To re-elect Ainul Azhar Ainul Jamal, who retires in accordance with Clause 103 of the Company's Constitution and being eligible, offers himself for re-election.
Shareholder’s Action For Voting

5. Ordinary Resolution 4

Description
To re-elect Nadzrin Alia Md Azizis, who retires in accordance with Clause 103 of the Company's Constitution and being eligible, offers herself for re-election.
Shareholder’s Action For Voting

6. Ordinary Resolution 5

Description
To approve the Directors' Fees in accordance with the Remuneration Policy and Procedures for Non-Executive Directors of the Company, with effect from this 16th AGM until the conclusion of the next AGM of the Company in 2027.
Shareholder’s Action For Voting

7. Ordinary Resolution 6

Description
To approve the benefits payable to the Non-Executive Chairman and Non-Executive Directors of an amount up to RM682,000, comprising allowances, benefits-in-kind and other emoluments payable to them, from this 16th AGM until the conclusion of the next AGM of the Company in 2027.
Shareholder’s Action For Voting

8. Ordinary Resolution 7

Description
To re-appoint Messrs. Ernst & Young PLT as Auditors of the Company for the year ending 31 December 2026 and to authorise the Board of Directors to determine their remuneration.
Shareholder’s Action For Voting



Please refer attachment below.




Announcement Info

Company Name VELESTO ENERGY BERHAD
Stock Name VELESTO
Date Announced 29 Apr 2026
Category General Meeting
Reference Number GMA-27042026-00050
Corporate Action ID MY260427MEET0048