MACP’s 20th AGM was successfully held on 16 June 2010.

The meeting re-elected writers, Pn Habsah Hassan and Ahmad Shahadrian A Samad (Ad Samad) as directors. Also re-elected was local publisher, Pn Norkhayati Mohd Hashim representing Kelarai Sakti Sdn Bhd. The 3 directors will serve for another 2-year term on MACP’s Board. The meeting passed the audited financial statements of the Company for the year ended 31 December 2009 and the Reports of the Directors and Auditors thereon. Messrs Ernst & Young were re-appointed as the Company’s Auditors.

The meeting also passed as special business amendments to the Company’s Articles of Association to increase the Board from the present 10 to 12 directors. The new Board shall comprise 6 writers and 6 publishers from which 2 publishers shall be Local Publishers. In addition, the quorum for a Board meeting will now be 6 directors comprising 3 writers and 3 publishers. The approved amendments will be effective next year.

An ordinary resolution was also passed by the members to give effect to the Directors to purchase a building for the Company for a consideration of not exceeding RM5.0million. Members were also updated on the MACP’s latest activities, membership and current developments in the industry with regards to the proposed amendments to the Copyright Act, 1987, song production contracts and Koperasi Industri Muzik Malaysia Berhad.