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.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Insurance firms deny Chevron’s US$57 million claim for Iran oil seizure
UOB awards Wong Kan Seng over S$400,000 in shares
US: Wall St opens lower as megacaps drag
Olam tops Louis Dreyfus’ offer for Australia’s Namoi Cotton as takeover battle heats up
Axiata, Sinar Mas seek permission for Indonesia telco merger, minister says
New York Times beats profit estimates on bundle strength