INDUSTRY NEWS

1. MISIF holds 30^th AGM

MISIF held its 30^th AGM on 26 May 2010 in the MISIF premises. The meeting was significant in 
that it broke several records:

· There as the highest number of nominations for Council seats – a total of 17 
nominations were received for a total of 10 elected Council seats;
· It had the highest number of voters in that including proxies, a total of 97
member companies were involved in the voting process.Against a total membership of 125 
companies , this means that 77% participated in the AGM and voted for Council 
members;
· It also recorded the highest number of attendees at 53 companies represented by 59 
participants.

The meeting nevertheless, went through the meeting agenda :

· Confirming the minutes of meeting held on 1 June 2009
· Approved the Council Report and Statement of Accounts for year ended 31 December 2009
· Election of Council Members
· Appointment of Auditors.

The following members were elected into the Council:

· Ann Joo Steel Berhad
· Bluescope Stee; Malaysia Sdn Bhd
· Hoto Stainless Steel Industries Sdn Bhd
· Malaysia Steel Worls (KL) Berhad
· Mycron Steel CRC Sdn Bhd
· Nicom Steel Centre (M) Sdn Bhd
· Southern Pipe Industry (M) Sdn Bhd
· Southern Steel Berhad
· Southern Wire Industries (M) Sdn Bhd
· Star Shine Steel Products Sdn Bhd

Following the election, the new Council members held an immediate council and the meeting
appointed:

· Mr, Chow Chong Long of Southern Steel Berhad as President
· Encik Azlan Abdullah of Mycron Steel CRC Sdn Bhd as Deputy President

At a further meeting of the Council held on 3 June 2010, the meeting agreed to appoint 
the following members into the Council:

· Amsteel Mills Sdn Bhd
· Megasteel Sdn Bhd
· Perwaja Steel Berhad
· Chairman of the Steel Pipes Group

The final seat is held open pending the formation of a Fabrication Group.