Irate SBI Offshore investors grill Mirzan Mahathir at EGM
Some wonder if the exec chairman is devoting enough time to firm to ensure it remains viable
Anita Gabriel
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
THE relatively poor turnout at Catalist-listed SBI Offshore's extraordinary general meeting (EGM) on Thursday underscored the shareholder fatigue over the company's dismal performance.
But those who turned up - around 20 shareholders or about half the usual turnout for similar meetings in the past - vented their anger at the three-member board helmed by executive chairman Mirzan Mahathir, who is also the eldest son of Malaysia's Prime Minister Mahathir Mohamad.
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