SumiSaujana Group Berhad (“SumiSaujana” or the “Company”) and its subsidiary (“Group”), an established manufacturer of oil and gas (“O&G”) specialty chemicals, today announced the successful conclusion of its Second Annual General Meeting (“2nd AGM”), with shareholders approving all resolutions tabled at the meeting.
The 2nd AGM was held at Zamrud Room, The Saujana Hotel, Shah Alam, Selangor, where shareholders received the Audited Financial Statements for the financial year ended 31 December 2025 (“FYE2025”), together with the Directors’ Report and Auditors’ Report thereon.
Shareholders approved the payment of Directors’ fees and benefits for the period from 24 June 2026 until the next Annual General Meeting of the Company. The meeting also saw the re-election of Liang Kok Siang and Toh Chee Seng as Directors of the Company, in accordance with the Company’s Constitution.
In addition, Crowe Malaysia PLT was re-appointed as Auditors of the Company for the financial year 2026, with shareholders authorising the Directors to fix their remuneration.
Shareholders also approved the general mandate pursuant to Sections 75 and 76 of the Companies Act 2016, authorising the Directors to issue and allot new ordinary shares of up to 10% of the total number of issued shares of the Company, subject to the relevant regulatory requirements. The mandate provides SumiSaujana with strategic flexibility to support future funding requirements, working capital needs, potential investments, acquisitions and other corporate purposes where appropriate.
Encik Norazlam Bin Norbi, Executive Director/ Chief Executive Officer of SumiSaujana, commented,
“We are grateful for the continued trust and support from our shareholders as SumiSaujana progresses into its next phase of growth as a listed company. The approval of all resolutions reflects shareholders’ confidence in our governance framework, business direction and long-term strategy.
As we move forward, our focus remains on strengthening operational efficiency, expanding our market presence and building a more resilient specialty chemicals platform across key regional and international markets.”
The successful conclusion of the 2nd AGM comes as SumiSaujana continues to pursue its strategic priorities, including strengthening its core O&G specialty chemicals business, expanding its product capabilities and enhancing its operational base through ongoing investments in facilities, research and development, and sustainability-related initiatives.
Looking ahead, the Group remains cautiously optimistic on the outlook for the O&G sector, supported by stable upstream activity in key Asian markets and continued demand for specialty chemical solutions. While global macroeconomic uncertainties and cost pressures remain key considerations, SumiSaujana will continue to exercise disciplined cost management, prudent capital allocation and proactive market engagement to support sustainable growth.
With shareholder backing secured at the 2nd AGM, SumiSaujana remains committed to delivering long-term value to stakeholders by strengthening its competitive position, expanding its customer base and pursuing growth opportunities aligned with its technical expertise and regional expansion strategy.
For more information, visit https://www.sumisaujanagroup.com and https://sstcm.com/
