KUALA LUMPUR: Two shareholders of Focus Dynamics Technologies Bhd are seeking to remove executive chairman Datuk Manan Md Said with immediate effect.
The company noted in an announcement yesterday that Lean Mun Huat and Lee Fong Peng, who own not less than one-tenth of Focus Dynamics shares, had requisitioned for an EGM to remove Manan as chairman.
They had requisitioned that Lean be appointed a director of the company.
They said if such an EGM was not called within the timeframe provided for in the Companies Act 1965, they would proceed to convene a meeting to pass the resolutions.
This article appeared in The Edge Financial Daily, November 9, 2011.
The company noted in an announcement yesterday that Lean Mun Huat and Lee Fong Peng, who own not less than one-tenth of Focus Dynamics shares, had requisitioned for an EGM to remove Manan as chairman.
They had requisitioned that Lean be appointed a director of the company.
They said if such an EGM was not called within the timeframe provided for in the Companies Act 1965, they would proceed to convene a meeting to pass the resolutions.
This article appeared in The Edge Financial Daily, November 9, 2011.
