Corporate digest
Add BT as a preferred sourceTritech Group
TRITECH Group has received a requisition notice from three parties to convene an extraordinary general meeting (EGM) to remove two directors and appoint four new directors. The requisitioners - Adonis Investment Holdings Pte Ltd, UOB Kay Hian Private Ltd and Phillip Securities Pte Ltd - are seeking to remove independent directors Aw Eng Hai and Lim Yeok Hua from the board, and to remove any directors appointed between the dates of the special notice and the EGM.
The other proposed resolutions include for the company to be directed to vote against all shareholders' resolutions tabled at the EGM to be convened by a subsidiary, Terratech Group, in relation to the proposed acquisition of Capital City Property Sdn Bhd and for it to unwind any disposal of its interest in the subsidiary between the dates of the special notice and the EGM.
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