Two Seacera shareholders with 2.5% stake seek to block appointment of new directors

Two Seacera shareholders with 2.5% stake seek to block appointment of new directors

The Edge Markets - Malaysia·2019-11-11 17:58

KUALA LUMPUR (Nov 11): Two Seacera Group Bhd shareholders are seeking to block the appointment of six new directors at an extraordinary general meeting (EGM) scheduled for early next month.

Seacera told Bursa Malaysia that it received a notice from AEV Engineering & Trading Sdn Bhd and Fantastic Fortress Sdn Bhd, who claimed to hold at least 2.5% of the company’s paid up capital, seeking to invalidate the appointment of any new person to the board, apart from nine existing directors, at the EGM to be held on Dec 3.

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SE Asia

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