SINGAPORE (July 6): SBI Offshore’s former chairman and CEO Jonathan Hui Choon Ho is making another attempt to gain some control of the company’s board by calling for an extra-ordinary general meeting.
In a July 6 letter to the board, Hui, who owns 7.92% of the company, has teamed up with another shareholder Paul Goh Ju Poh, who claims to own 2.82%, to oust an existing director and appointment their nominee.
Under Singapore company laws, shareholders who hold more than 10% can call for EGMs.
