Court gives 14 days to convene GPlus EGM

  • Business
  • Wednesday, 12 Mar 2008

PETALING JAYA: The Court of Appeal has given Indian Corridor Sdn Bhd and Pembangunan Qualicare Sdn Bhd 14 days, effective from last Friday, to reconvene an EGM to remove several Golden Plus Holdings Bhd (GPlus) directors. 

According to the copy of the judgment which GPlus submitted to Bursa Malaysia yesterday, the court had ruled that shareholders be notified of the reconvened EGM via advertisements in two national daily newspapers. 

The court also ruled that the proxy forms submitted by the members for the EGM on Jan 26 would be recognised at the reconvened EGM. 

Last Friday, Indian Corridor and Pembangunan Qualicare won an appeal against a High Court decision that ruled against their plan to hold an EGM to remove several GPlus directors in January this year. 

 GPLUS :  [Stock Watch]  [News]

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3

Did you find this article insightful?


Next In Business News

Morgan Stanley CEO's annual pay rises by over 20%
‘Unstoppable’ luxury stocks remind some investors of US tech
Ambani’s Reliance doubles down on 5G pledge after record profit
PUNB offers payment deferment, rental discount
CPO futures may undergo technical correction next week
Blackstone-backed Patria eyes expansion in Latam, Asia
METALS: Tin, aluminium, copper prices down
Oil price falls on China's COVID-19 cases, high crude build
IBM, Intel slump weighs on Wall St as coronavirus concerns rise
GLOBAL MARKETS-Weak data, earnings drag stocks lower

Stories You'll Enjoy