ecoWise shareholders intend to convene EGM after company said it will not do so
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THREE shareholders of Catalist-listed environmental solutions provider ecoWise Holdings 5CT said they intend to convene an extraordinary general meeting (EGM) that the company had at first said it would hold but later decided against.
In a letter seen by The Business Times, dated July 16 and prepared by lawyers from Breakpoint who are representing the three shareholders, ecoWise has been provided with a notice of EGM and a proxy form for the intended EGM.
Citing their rights to do so under Section 176(3) of the Companies Act, the three shareholders - namely Tan Swee Boon, Tan Jin Beng Winston and Sunny Ong Keng Hua - notified the company that they will be convening the EGM.
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