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Stand taken by SBI Offshore sponsor highly disappointing

SGX should review Prime Partners Corporate Finance's handling of the proposed appointment of 2 directors flagged for potential misconduct.

Published Tue, Sep 13, 2016 · 09:50 PM

THIS Friday's EGM at SBI Offshore (SBIO), requisitioned by three substantial shareholders, will consider the following resolutions: the proposed removal of current CEO Chan Lai Thong as a director, and the proposed appointment of Hui Choon Ho, Lau Yoke Mun, Ong Nai Pew and Geoffrey Yeoh Seng Huat as directors.

The three substantial shareholders - Mr…

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