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SGX to review how Vard's delisting EGM was handled

It will look into complaints of errors in the circular to shareholders and allegations of improper voting poll conducted

Angela Tan

Published Mon, Apr 30, 2018 · 09:50 PM

Singapore

THE Singapore Exchange Regulation (SGX RegCo) will review Vard Holdings' extraordinary general meeting (EGM) held on Monday, following complaints of errors in the circular to shareholders and allegations of improper voting poll conducted.

"SGX will review the conduct of the EGM proceedings and the issues raised regarding disclosures in the circular to see if shareholders' approval was properly obtained," a SGX RegCo spokesman told The Business Times.

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