THE board tussle between two rival factions for control of Sabah-based Cepatwawasan Group Bhd intensified yesterday when a High Court injunction was served to the board to prevent the faction headed by Datuk Lo Fui Ming from exercising voting rights relating to a large number of shares, said to be between 10 million and 11 million or about 5% of the company's outstanding shares of 215.5 million.
Lo had earlier made a requisition for an EGM to consider proposals for the removal of Tan Sri Chan Kin Kong, Datuk Chua Tiong Moon and Chai Kim Chong as executive directors of Cepatwawasan to be replaced by Lo, Ouh Mee Lan and Chen Syn Fook.
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