Upcoming Dividend • Jun 17
Upcoming dividend of RM0.04 per share Eligible shareholders must have bought the stock before 24 June 2026. Payment date: 10 July 2026. Payout ratio is a comfortable 33% but the company is not cash flow positive. Trailing yield: 1.9%. Lower than top quartile of Malaysian dividend payers (5.3%). Lower than average of industry peers (2.8%). Major Estimate Revision • Jun 04
Consensus EPS estimates fall by 13% The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from RM23.0b to RM22.5b. EPS estimate also fell from RM0.256 per share to RM0.224 per share. Net income forecast to grow 3.0% next year vs 1.0% growth forecast for Integrated Utilities industry in Malaysia. Consensus price target up from RM4.53 to RM4.62. Share price was steady at RM4.15 over the past week. Declared Dividend • May 30
Dividend of RM0.04 announced Dividend of RM0.04 is the same as last year. Ex-date: 24th June 2026 Payment date: 10th July 2026 Dividend yield will be 1.9%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (33% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 15% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • May 29
Third quarter 2026 earnings released: EPS: RM0.038 (vs RM0.06 in 3Q 2025) Third quarter 2026 results: EPS: RM0.038 (down from RM0.06 in 3Q 2025). Revenue: RM5.08b (up 4.0% from 3Q 2025). Net income: RM325.8m (down 33% from 3Q 2025). Profit margin: 6.4% (down from 10.0% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Integrated Utilities industry in Asia. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 47% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to RM3.51, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 12x in the Integrated Utilities industry in Asia. Total returns to shareholders of 294% over the past three years. Reported Earnings • Feb 27
Second quarter 2026 earnings released: EPS: RM0.051 (vs RM0.094 in 2Q 2025) Second quarter 2026 results: EPS: RM0.051 (down from RM0.094 in 2Q 2025). Revenue: RM5.25b (down 7.5% from 2Q 2025). Net income: RM436.6m (down 43% from 2Q 2025). Profit margin: 8.3% (down from 14% in 2Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Integrated Utilities industry in Asia. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 53% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Nov 28
First quarter 2026 earnings released: EPS: RM0.059 (vs RM0.057 in 1Q 2025) First quarter 2026 results: EPS: RM0.059 (up from RM0.057 in 1Q 2025). Revenue: RM5.36b (down 5.7% from 1Q 2025). Net income: RM500.6m (up 6.4% from 1Q 2025). Profit margin: 9.3% (up from 8.3% in 1Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Integrated Utilities industry in Asia. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 64% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Oct 30
YTL Power International Berhad, Annual General Meeting, Dec 04, 2025 YTL Power International Berhad, Annual General Meeting, Dec 04, 2025, at 10:00 Singapore Standard Time. Location: mayang sari grand ballroom, lower level 3, jw marriott hotel kuala lumpur, 183 jalan bukit bintang, 55100 kuala lumpur, Malaysia New Risk • Oct 08
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 1.9% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.8x net interest cover). Minor Risk Paying a dividend despite having no free cash flows. Upcoming Dividend • Sep 24
Upcoming dividend of RM0.04 per share Eligible shareholders must have bought the stock before 01 October 2025. Payment date: 23 October 2025. Payout ratio is a comfortable 28% but the company is not cash flow positive. Trailing yield: 1.9%. Lower than top quartile of Malaysian dividend payers (5.5%). Lower than average of industry peers (2.3%). Reported Earnings • Aug 22
Full year 2025 earnings released: EPS: RM0.29 (vs RM0.42 in FY 2024) Full year 2025 results: EPS: RM0.29 (down from RM0.42 in FY 2024). Revenue: RM21.8b (down 2.1% from FY 2024). Net income: RM2.40b (down 30% from FY 2024). Profit margin: 11% (down from 15% in FY 2024). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Integrated Utilities industry in Asia. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 81% per year, which means it is tracking significantly ahead of earnings growth. Buy Or Sell Opportunity • Jul 23
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 28% to RM4.19. The fair value is estimated to be RM3.46, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 34%. Revenue is forecast to grow by 8.9% in 2 years. Earnings are forecast to grow by 6.7% in the next 2 years. Buy Or Sell Opportunity • Jun 18
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 9.7% to RM3.74. The fair value is estimated to be RM3.11, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 34%. Revenue is forecast to grow by 8.9% in 2 years. Earnings are forecast to grow by 6.7% in the next 2 years. Upcoming Dividend • Jun 17
Upcoming dividend of RM0.04 per share Eligible shareholders must have bought the stock before 24 June 2025. Payment date: 10 July 2025. Payout ratio is a comfortable 24% but the company is not cash flow positive. Trailing yield: 2.2%. Lower than top quartile of Malaysian dividend payers (5.6%). In line with average of industry peers (2.3%). Major Estimate Revision • May 29
Consensus EPS estimates fall by 11% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from RM22.6b to RM21.6b. EPS estimate also fell from RM0.346 per share to RM0.307 per share. Net income forecast to grow 1.9% next year vs 12% growth forecast for Integrated Utilities industry in Malaysia. Consensus price target down from RM4.94 to RM4.44. Share price fell 12% to RM3.18 over the past week. Declared Dividend • May 24
Dividend increased to RM0.04 Dividend of RM0.04 is 33% higher than last year. Ex-date: 24th June 2025 Payment date: 10th July 2025 Dividend yield will be 2.4%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (24% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to remain steady over the next 2 years, which should provide adequate earnings cover for the dividend. Announcement • May 24
YTL Power International Berhad Announces Interim Dividend for the Financial Year Ending 30 June 2025, Payable on 10 July 2025 YTL Power International Berhad announced Interim dividend of 4 sen per ordinary share for the financial year ending 30 June 2025. The above Company's securities will be traded and quoted "Ex - Dividend” as from: 24 June 2025. The last date of lodgment: 25 June 2025. Date Payable: 10 July 2025. Price Target Changed • May 23
Price target decreased by 7.7% to RM4.55 Down from RM4.94, the current price target is an average from 13 analysts. New target price is 34% above last closing price of RM3.39. Stock is down 32% over the past year. The company is forecast to post earnings per share of RM0.32 for next year compared to RM0.42 last year. Announcement • May 14
Celcomdigi Berhad (KLSE:CDB), Maxis Broadband Sdn Bhd, YTL Power International Berhad (KLSE:YTLPOWR) and Ministry of Finance Malaysia agreed to acquire Digital Nasional Berhad from U Mobile Sdn Bhd for MYR 0.10 million. Celcomdigi Berhad (KLSE:CDB), Maxis Broadband Sdn Bhd, YTL Power International Berhad (KLSE:YTLPOWR) and Ministry of Finance Malaysia agreed to acquire Digital Nasional Berhad from U Mobile Sdn Bhd for MYR 0.10 million on May 13, 2025. The expected completion of the transaction is May 30, 2025. Reported Earnings • Feb 21
Second quarter 2025 earnings released: EPS: RM0.094 (vs RM0.10 in 2Q 2024) Second quarter 2025 results: EPS: RM0.094 (down from RM0.10 in 2Q 2024). Revenue: RM5.68b (up 5.7% from 2Q 2024). Net income: RM767.7m (down 9.2% from 2Q 2024). Profit margin: 14% (down from 16% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Integrated Utilities industry in Asia. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has increased by 73% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jan 28
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to RM3.11, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 11x in the Integrated Utilities industry in Asia. Total returns to shareholders of 459% over the past three years. Valuation Update With 7 Day Price Move • Jan 14
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to RM3.81, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 11x in the Integrated Utilities industry in Asia. Total returns to shareholders of 569% over the past three years. New Risk • Dec 26
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Malaysian stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.9x net interest cover). Minor Risk Share price has been volatile over the past 3 months (6.8% average weekly change). Valuation Update With 7 Day Price Move • Dec 03
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to RM3.70, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 11x in the Integrated Utilities industry in Asia. Total returns to shareholders of 582% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at RM1.57 per share. New Risk • Nov 20
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 3.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (14% operating cash flow to total debt). Earnings are forecast to decline by an average of 3.3% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.0% average weekly change). Upcoming Dividend • Nov 05
Upcoming dividend of RM0.04 per share Eligible shareholders must have bought the stock before 12 November 2024. Payment date: 29 November 2024. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Malaysian dividend payers (4.8%). Lower than average of industry peers (2.4%). Reported Earnings • Oct 31
Full year 2024 earnings: EPS and revenues exceed analyst expectations Full year 2024 results: EPS: RM0.42 (up from RM0.25 in FY 2023). Revenue: RM22.3b (up 1.8% from FY 2023). Net income: RM3.40b (up 68% from FY 2023). Profit margin: 15% (up from 9.3% in FY 2023). The increase in margin was primarily driven by lower expenses. Revenue exceeded analyst estimates by 2.5%. Earnings per share (EPS) also surpassed analyst estimates by 7.6%. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Integrated Utilities industry in Asia. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 64% per year, which means it is significantly lagging earnings growth. Announcement • Oct 29
YTL Power International Berhad, Annual General Meeting, Dec 05, 2024 YTL Power International Berhad, Annual General Meeting, Dec 05, 2024, at 10:00 Singapore Standard Time. New Risk • Sep 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Malaysian stocks, typically moving 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (14% operating cash flow to total debt). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.0% average weekly change). Valuation Update With 7 Day Price Move • Sep 09
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to RM3.37, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 13x in the Integrated Utilities industry in Asia. Total returns to shareholders of 442% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at RM1.76 per share. Declared Dividend • Aug 23
Final dividend of RM0.04 announced Shareholders will receive a dividend of RM0.04. Ex-date: 12th November 2024 Payment date: 29th November 2024 Dividend yield will be 1.7%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is covered by both earnings (16% earnings payout ratio) and cash flows (54% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 2.7% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 22
Full year 2024 earnings released: EPS: RM0.43 (vs RM0.25 in FY 2023) Full year 2024 results: EPS: RM0.43 (up from RM0.25 in FY 2023). Revenue: RM22.3b (up 2.0% from FY 2023). Net income: RM3.46b (up 71% from FY 2023). Profit margin: 16% (up from 9.3% in FY 2023). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Integrated Utilities industry in Asia. Over the last 3 years on average, earnings per share has increased by 79% per year whereas the company’s share price has increased by 82% per year. Valuation Update With 7 Day Price Move • Aug 21
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to RM3.75, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 14x in the Integrated Utilities industry in Asia. Total returns to shareholders of 521% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at RM1.94 per share. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to RM3.98, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 16x in the Integrated Utilities industry in Asia. Total returns to shareholders of 563% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at RM1.97 per share. Price Target Changed • May 25
Price target increased by 19% to RM6.21 Up from RM5.21, the current price target is an average from 12 analysts. New target price is 26% above last closing price of RM4.95. Stock is up 299% over the past year. The company is forecast to post earnings per share of RM0.39 for next year compared to RM0.25 last year. Reported Earnings • May 24
Third quarter 2024 earnings released: EPS: RM0.086 (vs RM0.10 in 3Q 2023) Third quarter 2024 results: EPS: RM0.086 (down from RM0.10 in 3Q 2023). Revenue: RM5.16b (down 17% from 3Q 2023). Net income: RM698.7m (down 16% from 3Q 2023). Profit margin: 14% (in line with 3Q 2023). Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Integrated Utilities industry in Asia. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has increased by 91% per year, which means it is tracking significantly ahead of earnings growth. Price Target Changed • May 15
Price target increased by 9.6% to RM5.08 Up from RM4.64, the current price target is an average from 11 analysts. New target price is approximately in line with last closing price of RM5.14. Stock is up 367% over the past year. The company is forecast to post earnings per share of RM0.38 for next year compared to RM0.25 last year. Announcement • Mar 21
YTL Power International Berhad Creates Most Advanced Supercomputers, Powered by Nvidia Grace Blackwell-Based Dgx Cloud YTL Power International Berhad announced the formation of YTL AI Cloud, a specialized provider of massive-scale GPU-based accelerated computing, and that it will deploy and manage one of the world's most advanced supercomputers on NVIDIA Grace Blackwell-powered DGX Cloud an AI supercomputer for accelerating the development of generative AI. YTL is among the first companies to adopt NVIDIA GB200 NVL72, which is a multi-node, liquid-cooled, rack-scale system with fifth-generation NVLink. The supercomputer will be interconnected by NVIDIA Quantum InfiniBand networking platform. The platform acts as a single GPU with 1.4 exaflops of AIperformance and 30TB of fast memory and is designed for the most compute-intensive workloads. The YTL AI Supercomputer will surpass more than 300 exaflops of AI compute, making it one of the fastestsupercomputers in the world. Price Target Changed • Feb 23
Price target increased by 14% to RM4.23 Up from RM3.72, the current price target is an average from 10 analysts. New target price is 5.1% above last closing price of RM4.02. Stock is up 447% over the past year. The company is forecast to post earnings per share of RM0.36 for next year compared to RM0.25 last year. Reported Earnings • Feb 23
Second quarter 2024 earnings released: EPS: RM0.10 (vs RM0.025 in 2Q 2023) Second quarter 2024 results: EPS: RM0.10 (up from RM0.025 in 2Q 2023). Revenue: RM5.37b (up 14% from 2Q 2023). Net income: RM845.1m (up 325% from 2Q 2023). Profit margin: 16% (up from 4.2% in 2Q 2023). Revenue is forecast to stay flat during the next 3 years compared to a 4.6% growth forecast for the Integrated Utilities industry in Asia. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 75% per year, which means it is significantly lagging earnings growth. Price Target Changed • Jan 24
Price target increased by 11% to RM3.18 Up from RM2.85, the current price target is an average from 10 analysts. New target price is 19% below last closing price of RM3.91. Stock is up 436% over the past year. The company is forecast to post earnings per share of RM0.35 for next year compared to RM0.25 last year. Major Estimate Revision • Dec 02
Consensus EPS estimates increase by 29% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from RM22.1b to RM22.4b. EPS estimate increased from RM0.271 to RM0.349 per share. Net income forecast to grow 1.1% next year vs 2.1% decline forecast for Integrated Utilities industry in Malaysia. Consensus price target up from RM2.39 to RM2.85. Share price was steady at RM2.28 over the past week. Major Estimate Revision • Nov 30
Consensus EPS estimates increase by 24% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from RM0.271 to RM0.335. Revenue forecast steady at RM22.3b. Net income forecast to shrink 2.1% next year vs 2.1% decline forecast for Integrated Utilities industry in Malaysia. Consensus price target up from RM2.39 to RM2.78. Share price rose 3.0% to RM2.37 over the past week. Price Target Changed • Nov 24
Price target increased by 9.2% to RM2.61 Up from RM2.39, the current price target is an average from 9 analysts. New target price is 14% above last closing price of RM2.28. Stock is up 221% over the past year. The company is forecast to post earnings per share of RM0.28 for next year compared to RM0.25 last year. Announcement • Nov 03
YTL Power International Berhad (KLSE:YTLPOWR) acquired 18.87% stake in Ranhill Utilities Berhad (KLSE:RANHILL). YTL Power International Berhad (KLSE:YTLPOWR) acquired 18.87% stake in Ranhill Utilities Berhad (KLSE:RANHILL) on November 1, 2023.YTL Power International Berhad (KLSE:YTLPOWR) completed the acquisition of 18.87% stake in Ranhill Utilities Berhad (KLSE:RANHILL) on November 1, 2023. Reported Earnings • Nov 03
Full year 2023 earnings: EPS and revenues exceed analyst expectations Full year 2023 results: EPS: RM0.25 (up from RM0.18 in FY 2022). Revenue: RM21.9b (up 23% from FY 2022). Net income: RM2.03b (up 37% from FY 2022). Profit margin: 9.3% (up from 8.3% in FY 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) also surpassed analyst estimates by 49%. Revenue is forecast to stay flat during the next 3 years compared to a 2.2% growth forecast for the Integrated Utilities industry in Asia. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 52% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Nov 02
Upcoming dividend of RM0.035 per share at 3.1% yield Eligible shareholders must have bought the stock before 09 November 2023. Payment date: 29 November 2023. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Malaysian dividend payers (5.2%). Higher than average of industry peers (2.8%). Announcement • Oct 31
YTL Power International Berhad, Annual General Meeting, Dec 05, 2023 YTL Power International Berhad, Annual General Meeting, Dec 05, 2023, at 09:30 Singapore Standard Time. Agenda: To lay before the meeting the Audited Financial Statements for the financial year ended 30 June 2023 together with the Reports of the Directors and Auditors thereon; to re-elect Tan Sri (Sir) Francis Yeoh Sock Ping who retires pursuant to Article 86 of the Company's Constitution; to re-elect Dato' Yeoh Seok Kian who retires pursuant to Article 86 of the Company's Constitution; to re-elect Dato' Sri Michael Yeoh Sock Siong who retires pursuant to Article 86 of the Company's Constitution; to re-elect Dato' Mark Yeoh Seok Kah who retires pursuant to Article 86 of the Company's Constitution; to approve the payment of fees to Non-Executive Directors amounting to MYR 890,000 for the financial year ended 30 June 2023; to approve the payment of meeting attendance allowance of MYR 1,000 per meeting for each Non-Executive Director for the period from January 2024 to December 2024; and to consider other matters.