MCT directors make stealthy exit after company AGM


In a filing with Bursa Malaysia, Country View said that the acquisition

PETALING JAYA: MCT Bhd's directors gave pressmen the slip after the company's annual general meeting (AGM) on Wednesday.

The company, now majority owned by Philippine conglomerate Ayala Corp, is in the spotlight following the recent riots at the Sri Maha Mariamman temple.

Bursa Malaysia-listed MCT wholly owns the developer at the centre of the saga, One City Development Sdn Bhd, through MCT Consortium Bhd.

After MCT's AGM ended this morning, pressmen were gathered near the entrance and informed the company's staff of their intention to get input from the directors over the temple incident.

The reporters were however informed that the directors were due for a "board meeting" soon after the AGM ended. 

Doors to the venue were then sealed to disallow anyone from entering.

Pressmen waited outside the room at Sheraton PJ for at least 20 minutes before discovering that the directors had already left the room where the board meeting was held, and that it was empty.

A shareholder who attended the AGM told StarBiz that the temple incident had been brought up at the meeting and the directors had said that the issue is under police investigation.

The directors said they would leave the matter to the police to do their job.

"There was also another shareholder who advised the company to step up their corporate social responsibility to which one of the directors noted that it was a 'good idea'," said the shareholder.
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