PETALING JAYA: Samchem Holdings Bhd
has received a special notice from seven of its shareholders, who collectively hold 19.8% in the company, asking for the removal of Ng Soh Kian as a director of the firm.
“The board will convene the EGM in accordance with the provisions of the Companies Act, 2016 and make the necessary announcement in due course,” said the chemical distributor in its filing with Bursa Malaysia on Monday.
Ng, aged 50, was appointed as Samchem executive director on Feb 27, 2009.
In a separate filing on Monday, Ng was reported to have disposed 1.7 million shares in the open market on May 19. He currently has a 0.41% stake in the company. - Bernama
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