New shareholders seek to remove five directors from USP board
Ng Ren Jye
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
TWO shareholders have requisitioned an extraordinary general meeting (EGM) to remove five out of six directors on USP Group's board, and to replace them with four candidates.
The mainboard-listed indium ingot dealer said on Monday that it received a requisition notice on Jan 10 from shareholders Tanoto Sau Ian and Tan Khoon Yong.
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