Nobel Design's founder voted out of board
Shareholders raise queries relating to the company's dividend yields and its accounting practices
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
THE founder and largest shareholder of Nobel Design Holdings, Bert Choong, who has lately been embroiled in a legal tussle with several members of the company's management, has been voted out of its board.
Despite pleas by several shareholders to the board to reconcile, owners of 68.78 per cent of some 187.56 million shares voted, at the firm's annual general meeting (AGM) on Tuesday, against re-electing Mr Choong as the company's non-executive director.
Copyright SPH Media. All rights reserved.
TRENDING NOW
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Beijing’s calculated silence on the Iran war
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Vietnam formalises new state leadership, redefining ‘four pillars’ power balance
