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Pteris director explains call for EGM on RTO deal

Winston Tan says he cannot afford to wait for Q3 EGM to evaluate RTO deal

Published Wed, Apr 16, 2014 · 10:00 PM
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DISSENTING Pteris Global director Winston Tan said his requisition to remove five of his fellow board members is necessary as it will enable his new team to properly review Pteris' proposed reverse takeover (RTO) deal.

Mr Tan made the comment in response to board questions on why he requisitioned an extraordinary general meeting (EGM) to raise concerns about the RTO…

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