The nine directors of QSR Brands Bhd who were slated to be removed from their positions at the company's EGM yesterday thought they would be able to hold on to their posts a little longer due to a technicality. But QSR, in a late filing with Bursa Malaysia yesterday, said they had been voted out.
An EGM requisitioned by Wisdom Innovative Technology Sdn Bhd was held yesterday and QSR said that 57.5% of the 100 shareholders holding 216 million shares voted in favour of the removal of the nine directors while 42.5% voted against.