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CapAllianz Holdings Limited ( (SG:594) ) just unveiled an announcement.
CapAllianz Holdings Limited announced that the High Court of Singapore has invalidated two resolutions from its October 2024 Annual General Meeting, affecting the re-election of Director Mr. Yu Jinfeng and the company’s authority to issue new shares. These court orders require the company to pay costs to the claimants and have immediate implications for its governance and operational capabilities, as it currently lacks the authority to issue shares, and Mr. Yu Jinfeng will no longer serve as a director effective February 20, 2025.
More about CapAllianz Holdings Limited
CapAllianz Holdings Limited, incorporated in Singapore, operates within a diversified industry sector, focusing on providing various investment and financial services through its subsidiaries.
Current Market Cap: S$18.41M
For an in-depth examination of 594 stock, go to TipRanks’ Stock Analysis page.