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Heineken Malaysia Berhad
Company no. 5350-X
Page
19 of 51
ALTERATION OF CAPITAL
50.
50.1 Subject to the Applicable Laws of Malaysia, the Company may
from time to time by ordinary resolution:
(a)
consolidate and divide all or any of its share capital, the
proportion between the amount paid and the amount, if
any, unpaid on each subdivided share shall be the same as
it was in the case of the share from which the subdivided
share is derived;
(b)
subdivide its shares or any of the shares, whatever is in the
subdivision, the proportion between the amount paid and
the amount, if any, unpaid on each subdivided share shall
be the same as it was in the case of the shares from which
the subdivided share is derived. Any resolution whereby any
share is subdivided may determine that, as between the
holders of shares resulting from such subdivision, one or
more of such shares may have such preferred or other
special rights over, or may be given any preference or
advantage as regards dividends, return of capital voting or
otherwise over the other or others of such shares; or
(c)
convert all or any of its paid-up shares into stock and may
reconvert that stock into paid-up shares.
50.2 Subject to the Applicable Laws of Malaysia, the Company may
by special resolution reduce its share capital in any manner
permitted or authorised under and in compliance with the
relevant Applicable Laws of Malaysia.
Consolidation,
sub-division
and
cancellation
of shares
Reduction
of capital
ANNUAL GENERAL MEETINGS AND MEETINGS OF MEMBERS
51.
The Company shall in each year hold an annual general meeting in
addition to any other meetings in that year, within 6 months of the
Company's financial year end and not more than 15 months shall
elapse between the date of one annual general meeting and that of
the next, but so long as the Company holds its first annual general
meeting within 18 months of its incorporation, it need not hold any
other annual general meetings in the year of its incorporation or in
the year following its incorporation.
Annual
general
meetings
52.
All meetings of members other than annual general meetings shall be
called meetings of members.
Meetings of
Members
53.
All annual general meetings shall be held at such time, day and place
as the Directors shall determine. Every notice of an annual general
meeting shall be in accordance with this Constitution and the
Applicable Laws of Malaysia and shall specify the meeting as such and
every meeting convened for passing a special resolution shall state
the intention to propose such resolution as a special resolution.
Convening of
annual general
meetings