Team led by Charles Madhavan wins Magnus board tussle
Nearly 100 retail investors, upset about losing their investments, vote the challenger's team in
Add BT as a preferred source
Angela Tan
Singapore
IT was like a weigh-in before a prize fight between two boxers.
In one corner was Charles Madhavan, 61, a self-proclaimed blue-collar oil man and frustrated shareholder. In the other was Lee Chong Ping, 40, an independent director whose appointment by Magnus Energy on Nov 22 is being queried by the Singapore Exchange (SGX).
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Asean+3 has made strong progress on cross-border payment connectivity, but more work lies ahead
Indonesia targets year-end start for US$30 billion clean power exports to Singapore
Seatrium surge leads Singapore stocks slightly higher on Tuesday; STI up 0.1%
