ecoWise Holdings receives requisition notice from three shareholders to convene EGM
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
CATALIST-LISTED environmental solutions provider ecoWise Holdings announced that it received a requisition notice from three members of the company - Tan Swee Boon, Tan Jin Beng Winston and Sunny Ong Keng Hua - to convene an extraordinary general meeting.
The company is currently verifying the shareholdings of each of the requisition members, and seeking legal advice on the validity of the requisition notice. As such, its directors have not reached any conclusive views.
ecoWise said that the proposed resolutions will be "considered carefully" only after the validity of the notice has been verified and confirmed, and the company will update shareholders when there are material developments.
ecoWise requested for a trading halt on Friday. Its last closing price was 3.6 Singapore cents.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
