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Team led by Charles Madhavan wins Magnus board tussle
Nearly 100 retail investors, upset about losing their investments, vote the challenger's team in
Angela Tan
Published Thu, Jan 9, 2020 · 09:50 PM
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).
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