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Totm Technologies Faces Shareholder Requisition for Director Removals

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Totm Technologies Faces Shareholder Requisition for Director Removals

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Totm Technologies Limited ( (SG:42F) ) just unveiled an announcement.

Totm Technologies Limited has received requisition notices from nine shareholders, collectively holding at least 10% of the company’s shares, to convene an extraordinary general meeting (EGM). The purpose of this meeting is to consider the removal of three directors: Mr. Phang Yew Kiat, Mr. Irawan Mulyadi, and Mr. Dhanie Tri Indrasto, from their respective positions within the company and its subsidiaries. The board is currently seeking legal advice and will update shareholders on any significant developments.

More about Totm Technologies Limited

Average Trading Volume: 2,058,942

Technical Sentiment Signal: Strong Sell

Current Market Cap: S$19.11M

See more insights into 42F stock on TipRanks’ Stock Analysis page.

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