IHC board removed after heated EGM

Singapore

A HEATED boardroom battle at Catalist-listed healthcare group International Healthway Corp (IHC) came to a head on Monday afternoon as shareholders voted to remove the entire board at an extraordinary general meeting (EGM) that lasted over two hours.

The outcome put yet another feather in the cap for Oxley Holdings duo Ching Chiat Kwong and Eric Low, who are cementing their reputation as shareholder activists after being linked to the recent ousting of the chairman and co-founder of another Catalist company, video and artificial intelligence firm Artivision Technologies