New twist in Caely boardroom tussle

KUALA LUMPUR: Caely Holdings Bhd, which has appointed a new board of directors (BOD) to steer the company out of financial distress, has reiterated that the extraordinary general meeting (EGM) held on Wednesday to remove nine directors from the existing board is invalid.

The lingerie maker, in a statement, said the new board members are group executive chairman Datuk Loh Ming Choon, executive director Datuk Seri Sin Hock Min, executive vice chairman Wong Siaw Puie, executive director Khoo Chen Yeng, independent director Datuk Mohamad Hanafiah Zakaria, independent director Ng Mei Cho and independent director Koh Mui Tee.