SumiSaujana Group Berhad Successfully Concludes 2nd AGM with All Resolutions Approved

SumiSaujana Group Berhad (“SumiSaujana” or the “Company”) and its subsidiary (“Group”), an established manufacturer of oil and gas (“O&G”) specialty chemicals, has successfully concluded its Second Annual General Meeting (“2nd AGM”), where all resolutions tabled were duly approved by shareholders.

The 2nd AGM was held at Zamrud Room, The Saujana Hotel, Shah Alam, Selangor, where shareholders were presented with the Audited Financial Statements for the financial year ended 31 December 2025 (“FYE2025”), along with the Directors’ Report and Auditors’ Report.

At the meeting, shareholders approved the payment of Directors’ fees and benefits for the period from 24 June 2026 until the next AGM. The re-election of Liang Kok Siang and Toh Chee Seng as Directors was also confirmed in accordance with the Company’s Constitution.

Crowe Malaysia PLT was re-appointed as the Company’s Auditors for the financial year 2026, with shareholders also granting authority for the Directors to determine their remuneration. A general mandate under Sections 75 and 76 of the Companies Act 2016 was likewise approved, allowing the issuance and allotment of new shares of up to 10% of the Company’s total issued share capital, subject to regulatory approvals.

Encik Norazlam Bin Norbi, Executive Director and Chief Executive Officer of SumiSaujana, expressed appreciation for the continued trust of shareholders, noting that the approvals reflect confidence in the Group’s governance and strategic direction. He added that the Company will continue focusing on operational efficiency, market expansion, and strengthening its specialty chemicals platform across regional and international markets.

Looking ahead, the Group remains cautiously optimistic on the outlook of the O&G sector, supported by steady upstream activities in key Asian markets and sustained demand for specialty chemical solutions. Despite ongoing global uncertainties and cost pressures, SumiSaujana will maintain disciplined cost control, prudent capital allocation, and proactive market engagement to support sustainable growth. With shareholder support secured, the Group remains committed to delivering long-term value and strengthening its competitive position.