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MC Payment board issue is one of governance, says controlling shareholder Ching Chiat Kwong

Mr Ching claims board is using the existing management's contributions as reason for opposing his refresh request

Vivienne Tay

Published Sat, Jun 19, 2021 · 05:50 AM

Singapore

MC PAYMENT controlling shareholder Ching Chiat Kwong on Friday said the digital payments service's board issue is one of governance and is separate from the company's daily operations, amid a war of words this month.

This is in response to the letter from MC Payment board's to shareholders saying it wants to be able to go back to doing the "business of business" as soon as possible.