Reappointment of director shot down

iCapital.biz Bhd director Tunku Abdul Aziz Tunku Ibrahim

PETALING JAYA: Tunku Abdul Aziz Tunku Ibrahim (pic), a director of icapital.biz Bhd, failed to get reappointed when shareholders with 27.04% of the company voted against the resolution at an adjourned AGM.

Even though those with 72.96% of the closed-end fund shares voted for his reappointment, the resolution was not carried at the meeting held on Sunday.