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#Update* Ho Hup directors removed

KUALA LUMPUR: A majority of Ho Hup Construction Co Bhd shareholders voted out seven directors at the EGM on Wednesday, March 17.

About 55.94% of shareholders voted in favour for the removal of deputy chairman Datuk Vincent Lye, Lim Ching Choy, Datuk Liew Lee Leong, Lai Moo Chan, Long Md Nor Amran Long Ibrahim, Mohd Shahril Hamzah and Foo Ton Hin.

Six resolutions to vote in new directors namely Datuk Kamaruzzaman Shariff, Hew Thin Chay, Yusob Md Tasir, D Felix Dorairaj, Slamat Hamzah and Chow Seck Kai were also carried, with about 55.81% of shareholders voting in favour.

The EGM was called by substantial shareholder Low Chee & Sons, the family vehicle of former managing director Datuk Low Tuck Choy, which has a 22.66% stake in the company, to replace Ho Hup's present board members except for his younger brother, Teik Kein.
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