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.
TRENDING NOW
Orchard plot, Jurong East EC, Raffles Town Club site among 10 new housing parcels in H2 GLS plan
Geopolitical risks must be considered before investing in tech: Temasek chairman Teo Chee Hean
Don’t just pump money – Temasek’s portfolio firms, markets must create inherent value: Teo Chee Hean
Indonesia’s commodity export shake-up sparks industry alarm, investor jitters