MC Payment shareholders vote in new directors; most of current board quit

Singapore

SHAREHOLDERS of MC Payment showed their support for controlling shareholder Ching Chiat Kwong, and passed resolutions to appoint five new directors to the company's board during an extraordinary general meeting (EGM) on Wednesday.

Following the results, most of MC Payments' current directors, including chief executive Anthony Koh, resigned from the board of directors of the digital-payments company effective Wednesday, the company said in an exchange filing.