Boustead calls EGM to remove Amin Shah from PSCI


THE battle for control of PSC Industries Bhd (PSCI) resumed yesterday when Boustead Holdings served a special notice on the naval shipbuilding group to hold an EGM at which Boustead, now the single largest shareholder, can expect to prevail. 

10 Clicks To Victory Contest In a brief note to Bursa Malaysia, Boustead said that the company would at the EGM, seek to remove executive chairman Tan Sri Amin Shah Omar Shah and executive director Ibrahim Topaiwah from the PSCI board.  

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Total Dynamic gets bursa's nod to list on LEAP Market
Asian currencies set for weekly fall; stocks firm on US rate cut bets
KL Sentral Station redevelopment project to commence year-end - Loke
Malaysia's March manufacturing sales value grows 1.4% to RM158.4bil
Oil set for weekly gain as demand signs, geopolitics seen as positives
Asia stocks rally on renewed global rate cut optimism
Daiso invests RM1bil in new global distribution centre
IPI up 2.4% in March 2024 but below forecast
Malaysia end-April palm oil stocks rise 1.85%, MPOB says
FBM KLCI nearly flat at midday

Others Also Read