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Corporate digest

Published Thu, Mar 30, 2017 · 09:50 PM

S i2i

MOBILE prepaid card and handset distributor S i2i said on Thursday it would hold a dialogue with its shareholders in collaboration with the Securities Investors Association (Singapore). The company also called for a trading halt pending an announcement. Shareholder activist Blue Ocean Capital in late February called on Bhupendra Kumar Modi, the majority owner and chairman of S i2i, to buy out minority shareholders, or to wind down. The company is currently on Singapore Exchange's watch-list and may be delisted if that status is not cured by March 2018.

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