Sam Goi re-elected to Hanwell's board; two other directors ousted
Singapore
BUSINESSMAN Sam Goi has, in the tussle for board control at consumer products supplier Hanwell Holdings, emerged a victor as two directors from the other camp were ousted at Thursday's annual general meeting (AGM).
Both Tang Cheuk Chee and Yeo See Liang failed to be re-elected at the shareholders' meeting as each of them only had about 45 per cent of the votes in support of their return to the board. However, they will remain as executives of the mainboard-listed Hanwell.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.