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An announcement from Fu Yu Corporation Limited ( (SG:F13) ) is now available.
Fu Yu Corporation Limited has received a request from a major shareholder, Victor Lim, who holds approximately 29.45% of the company’s shares, to convene an extraordinary general meeting (EGM). The proposed EGM will consider the removal of two current directors and the appointment of three new independent directors. This move could significantly alter the company’s board composition, potentially impacting its strategic direction and governance.
More about Fu Yu Corporation Limited
YTD Price Performance: -0.77%
Average Trading Volume: 212,645
Technical Sentiment Consensus Rating: Buy
Current Market Cap: S$98.3M
See more insights into F13 stock on TipRanks’ Stock Analysis page.
