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SGX RegCo serves notice to Metech to reconvene EGM

It says re-election of chairman and controlling shareholder Simon Eng as director based on inaccurate, incomplete information

Published Fri, Dec 27, 2019 · 09:50 PM

Singapore

THE Singapore Exchange Regulation (SGX RegCo) served notice to Catalist-listed Metech on Friday after trading hours, requiring the company to reconvene an extraordinary general meeting (EGM) to vote on the resolution to re-elect chairman, group CEO and controlling shareholder Simon Eng as director.

The SGX has deemed that the earlier reappointment of Mr Eng on Oct 29, 2019 that was approved by shareholders during its FY2019 annual general meeting was based on inaccurate and incomplete information.

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