26-05-2015, 10:51 PM
(26-05-2015, 02:43 PM)almond Wrote: I just noticed an interesting announcement posted on 16 April 2015
"Mr Tan Mok Koon, who was retiring pursuant to Article 95 of the Company's Articles of Association did not stand for re-election at the Company's Annual General Meeting (the "AGM") on 16 April 2015, retired as a Director of the Company at the conclusion of the AGM."
Isn't he one of the founders of the co?
By not standing for re-election, does this mean he is effectively out of the company?
It will be disappointing if he is out, he is one of the founders who helped to bring the company to where it is today.
He still has about 10% stake in the coy though.