02-04-2024, 12:13 PM
(02-04-2024, 10:18 AM)weijian Wrote: Withdrawal because Requisitioning Members have achieved their objective?
WITHDRAWAL OF REQUISITION LETTER
The Company has today, received a letter from all the Requisitioning Members informing that the requisitions made pursuant to the Requisition Letter have been withdrawn, although the Requisitioning Members have reserved their rights to issue the requisitions again in the future. Accordingly, no further action will be taken by the Company in relation to the Requisition Letter at the present time.
https://links.sgx.com/FileOpen/2024%2004...eID=794052
In my previous posting, I suggested that the names of the requisitioning members should be made known by the company. With this withdrawal, all the more so.
In the interest of level-playing field, the SGX Regco should instruct the board of directors to report what has transpired in its meeting with the requisitioning members.