TMC Life shareholders remove CEO


PETALING JAYA: TMC Life Sciences Bhd shareholders have voted overwhelmingly to remove executive director and group CEO Wan Nadiah Wan Mohd Abdullah Yaakob (pic) from its board at an extraordinary general meeting (EGM) yesterday.

In a filing with Bursa Malaysia, TMC Life stated that 99.9793% of shareholders voted via a poll in favour of the resolution to remove Wan Nadiah, 40, with only 0.0207% voting against her removal.

In a filing on Dec 4, TMC Life reported that Wan Nadiah was found guilty of all five charges of misconduct against her following a domestic inquiry and deliberation by an independent panel.

This decision comes after major shareholders Sasteria (M) Pte Ltd and Tunku Ismail Ibni Sultan Ibrahim submitted special notices last month to call for the EGM to remove Wan Nadiah.

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