On 24 February 2024, EITA Resources Berhad held its third fully virtual 29th Annual General Meeting (AGM) via the Tricor Investor & Issuing House Services online platform. This will be the final virtual AGM before returning to a physical format for the 30th AGM. The meeting commenced precisely at 11:00 AM, chaired by Non-Independent Non-Executive Chairman, Dato’ Siow Kim Lun. Also present were EITA Group Managing Director, Mr. Lim Joo Swee, and Acting Chief Financial Officer, Mr. Yee Kon Sin, who addressed shareholder inquiries.

In his keynote address, Mr. Lim outlined EITA’s financial performance in FY2024, addressing key challenges while offering an optimistic outlook for 2025. He shared his vision and plan of cultivating a youthful company culture, stressing that to secure EITA’s future with the next generation of leaders, a strong sense of care must be instilled—placing customers first, staff second, stakeholders third, and themselves last. He concluded by expressing his heartfelt appreciation to EITA’s employees and Board of Directors for their dedication and contributions to the company’s admirable performance.

A Q&A session followed, with Dato’ Siow and Mr. Lim responding to shareholder questions. Shareholders then participated in a voting session on seven agenda items:
1. To approve the Directors’ fees and benefits of up to RM593,700 for the period from the date immediately after the 29th AGM until the next Annual General Meeting of the Company.
2. To re-elect Mr. Lim Joo Swee as a Director.
3. To re-elect Dato’ Siow Kim Lun as a Director.
4. To re-elect Ms. Ho Lee Chen as a Director.
5. To re-appoint KPMG PLT as Auditors.

6. To approve general authority for Directors to issue and allot shares pursuant to Sections 75 and 76 of the Companies Act 2016.
7. To approve the Proposed Renewal of Share Buy-Back Authority.

The AGM concluded just before 1:00 PM after Scrutineer Solutions Sdn Bhd, the appointed independent scrutineer, verified the poll results, confirming the approval of all seven resolutions.