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
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.
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.