The group is seeking a declaration that the shareholders' notices to remove the directors are defective and inconsistent with the law, specifically Kumpulan Jetson's constitutional rights.
They sought to remove the entire board, including chairman Tunku Nooruddin Tunku Shahabuddin, executive director (ED) Edward Ng Kah Jiun, non-executive directors Louise Paul a/l Joseph Paul, Hong Cheong Liang and Goh Rui Yee, according to Jetson’s stock exchange filing on Thursday.
The company is changing its financial year-end to June 30 from December 31, due to the change in internal operations.
On prospects, Tambun Indah Land said the property market outlook in 2023 is expected to remain impacted by a rising interest rate environment, coupled with an escalation in construction costs.
KUALA LUMPUR (Oct 14): Tropicana Corp Bhd has declared a share dividend on the basis of 4.
KUALA LUMPUR (Feb 27): The Minority Shareholder Watchdog Group (MSWG) has identified some concerns among the minority shareholders of TA Global Bhd with regard to the company's corporates exercises.
KUALA LUMPUR (Feb 18): Matrix Parking Solution Holdings Bhd has proposed to undertake a bonus issue of 100 million new warrants on the basis of one warrant for every two existing shares held at an entitlement date to be determined later.
KUALA LUMPUR (Dec 28): Two shareholders claiming to own at least 10% of Seacera Group Bhd's shares, have requisitioned an extraordinary general meeting (EGM) of the group to elect three new directors.
KUALA LUMPUR (Nov 12): Seacera Group Bhd's independent non-executive director Ishak Ismail has put forward four names to be elected to the company's board of directors at its annual general meeting (AGM) on Nov 29.
KUALA LUMPUR (Oct 18): Seacera Group Bhd has received another notice from shareholders seeking an extraordinary general meeting to vote on boardroom changes.
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