Best World International Limited (SG:CGN) has released an update.
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Best World International Limited has been approached by shareholders holding over 10% of voting rights with a Requisition Letter demanding the disclosure of director emoluments and various policy reviews. These shareholders are calling for an extraordinary general meeting to vote on resolutions for independent financial advice on cash reserves and dividend policy, benchmarking executive director compensation, making significant transactions contingent on shareholder approval, and the removal of Director Mr. Lee Sen Choon.
For further insights into SG:CGN stock, check out TipRanks’ Stock Analysis page.
