Shareholders were given a unique power at the AGM. Did they use it wisely?
WE have another quarter left, but this year’s award for the company with the most empowered shareholders should go to Golden Plus Holdings Bhd (GPlus). At an AGM on Thursday, the shareholders were offered a chance to effectively authorise the company to defy a Bursa Malaysia directive and a consent order. All they had to do was to reject a resolution to appoint PricewaterhouseCoopers Advisory Services Sdn Bhd (PwC) as special auditor (SA).
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