Pteris director explains call for EGM on RTO deal
Winston Tan says he cannot afford to wait for Q3 EGM to evaluate RTO deal
DISSENTING Pteris Global director Winston Tan said his requisition to remove five of his fellow board members is necessary as it will enable his new team to properly review Pteris' proposed reverse takeover (RTO) deal.
Mr Tan made the comment in response to board questions on why he requisitioned an extraordinary general meeting (EGM) to raise concerns about the RTO…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Sanofi Q1 profit slips on generic competition, forex effects
Toyota hits record annual output, sales on robust demand
Latest Singapore 6-month T-bill offering cut-off yield of 3.74% as applications dip
Suntec Reit Q1 DPU down 13% to S$0.01511 in absence of capital distribution
Nissan, Mazda roll out new models for China as they aim for comeback
South Korea readies new system to detect illegal short-selling