SumiSaujana Group Berhad (“SumiSaujana” or the “Company”) together with its subsidiary (“Group”), a manufacturer of oil and gas specialty chemicals, has wrapped up its Second Annual General Meeting (“2nd AGM”) with shareholders giving approval to all resolutions presented.
Held at Zamrud Room, The Saujana Hotel, Shah Alam, Selangor, the meeting saw shareholders receiving the Audited Financial Statements for the financial year ended 31 December 2025 (“FYE2025”), together with the Directors’ and Auditors’ Reports.
Shareholders approved Directors’ fees and benefits covering the period from 24 June 2026 until the next AGM, alongside the re-election of Liang Kok Siang and Toh Chee Seng as Directors in line with the Company’s Constitution.
Crowe Malaysia PLT was also re-appointed as Auditors for the financial year 2026, with the Board authorised to determine their remuneration. In addition, shareholders approved the general mandate under Sections 75 and 76 of the Companies Act 2016, enabling the issuance of new shares of up to 10% of total issued share capital for strategic and corporate purposes, subject to approvals.
Encik Norazlam Bin Norbi, Executive Director and Chief Executive Officer of SumiSaujana, thanked shareholders for their continued confidence, stating that the approvals reflect strong support for the Company’s governance and long-term direction. He highlighted ongoing efforts to enhance efficiency, expand market reach, and strengthen the Group’s position in the specialty chemicals sector.
The Group remains cautiously positive on the O&G sector outlook, supported by stable upstream activities in Asia and consistent demand for specialty chemical products. While external uncertainties persist, SumiSaujana will continue to focus on cost discipline, prudent investment, and strategic growth initiatives to deliver sustainable long-term value.
