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Z-Obee removes chairman from office as he's a declared bankrupt
Published Fri, Nov 20, 2015 · 09:50 PM
Singapore
Z-OBEE Holdings has sacked its chairman, Wang Shih Zen, citing a bye-law that strips a director of office when they become bankrupt.
In a filing with the Singapore stock exchange, the company said that it recently became aware that a bankruptcy order was made by the High Court of Hong Kong against Mr Wang, who is also an executive director.
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