An announcement from Fu Yu Corporation Limited ( (SG:F13) ) is now available.
Fu Yu Corporation Limited has decided not to convene an Extraordinary General Meeting (EGM) as requested by shareholder Victor Lim due to legal irregularities in the requisition process. The company is assessing the suitability of Lim’s proposed board appointees, who have connections to entities dealing with the company, and remains open to dialogue with Lim to address his concerns.
More about Fu Yu Corporation Limited
Fu Yu Corporation Limited, incorporated in Singapore, operates in the manufacturing industry with a focus on supply chain solutions through its subsidiary Fu Yu Supply Chain Solutions Pte. Ltd.
YTD Price Performance: -20.0%
Average Trading Volume: 342,165
Technical Sentiment Consensus Rating: Buy
Current Market Cap: S$79.25M
Find detailed analytics on F13 stock on TipRanks’ Stock Analysis page.