City of London move to be referred to the board


PETALING JAYA: iCapital.biz Bhd will be seeking the guidance of its board on a matter raised by one of its shareholders, City of London Investment Management (CLIM), which is opposing the reappointment of one of its directors.

“I need to discuss with the board of directors and see what they are going to say and get their permission,” iCapital founder Tan Teng Boo told StarBiz when asked to comment on CLIM’s letter last week.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , iCapital , Tan Teng Boo , City of London , stocks , shares ,

Next In Business News

United Malacca among top gainers in early trade after posting higher 2Q earnings
Ringgit opens slightly higher vs greenback on softer US policy outlook
Bursa Malaysia stays positive amid ringgit strength, Wall St rebound
Asia stocks join Wall St rally, brace for BOJ hike
Bank of Japan set to raise interest rates to 30-year high
Trading ideas: SunCon, CIMB, Gadang, Yinson, Advancecon, Axiata, CMS, Binasat, Muhibbah, Systech, Tex Cycle, Aneka, Haily, CTOS, United Malacca
Wall St closes higher on tech rally, soft inflation data
Aneka Jaringan wins RM31mil substructure job
No new India investments for Axiata
Stable growth in 2026�for property sector, REITs

Others Also Read