KUALA LUMPUR: A boardroom tussle has surfaced at loss-making EKA Noodles Bhd, with new substantial shareholder Vibrant Class Sdn Bhd and two other shareholders seeking to remove all board members except for group managing director and largest shareholder Datuk Seri Chin Seak Huat.
In a filing with Bursa Malaysia, the noodle manufacturer said Vibrant Class Sdn Bhd, which last month emerged as the second biggest shareholder with an 8.97% stake together with Law Chong Kai and Fong Yit Meng had requested for an EGM to remove the directors and appoint seven new directors.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
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!
