THE FGV Holdings Bhd’s EGM held on Nov 27 can be best likened to an “all’s well that ends well” saga.
In a twist of fate, the company’s shareholders gave a resounding nod to all six resolutions relating to the payment of fees and benefits of its chairman and non-executive directors – with an approval rate of 99.96% – after having vehemently voted against resolutions entailing RM2.55mil in directors’ fees for the financial year ended Dec 31,2018 and RM1.18mil for non-executive directors for the period from June 26,2019 until the company’s next AGM, five months earlier.