SumiSaujana Group Berhad (“SumiSaujana” or the “Company”) and its subsidiary (“Group”), an established player in oil and gas specialty chemicals manufacturing, has successfully concluded its Second Annual General Meeting (“2nd AGM”), with shareholders approving all resolutions tabled during the session.
The 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.
Among the resolutions approved were the payment of Directors’ fees and benefits for the period from 24 June 2026 until the next AGM, as well as the re-election of Liang Kok Siang and Toh Chee Seng as Directors of the Company.
Shareholders also approved the re-appointment of Crowe Malaysia PLT as Auditors for the financial year 2026, with authority granted to the Board to fix their remuneration. A general mandate under Sections 75 and 76 of the Companies Act 2016 was also passed, allowing the issuance of new shares of up to 10% of issued share capital for funding flexibility and corporate purposes.
Encik Norazlam Bin Norbi, Executive Director and Chief Executive Officer of SumiSaujana, said the outcome reflects shareholders’ continued trust in the Group’s governance, strategy, and growth direction. He added that the Company will continue focusing on operational efficiency, product expansion, and strengthening its regional and international presence in the specialty chemicals market.
Looking forward, the Group maintains a cautious but positive outlook on the oil and gas sector, supported by stable upstream activity in Asia and ongoing demand for specialty chemical solutions. Despite global macroeconomic uncertainties, SumiSaujana will continue to prioritise disciplined financial management and sustainable growth initiatives.