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Matex International Limited ( (SG:M15) ) has issued an announcement.
Matex International Limited, a company incorporated in Singapore, has received a requisition notice from its controlling shareholder, Nanyang Commercial Management Pte. Ltd., which holds 29.86% of the company’s shares. The notice calls for an extraordinary general meeting to consider the removal of two directors and the appointment of two new executive directors. The Board is currently seeking legal advice on the matter and will update shareholders on any significant developments. Shareholders are advised to exercise caution when dealing with the company’s shares.
More about Matex International Limited
Average Trading Volume: 831,382
Technical Sentiment Signal: Sell
Current Market Cap: S$11.35M
Learn more about M15 stock on TipRanks’ Stock Analysis page.