Eastern & Oriental Bhd said a substantial shareholder, ECM Libra Foundation, has filed a notice to nominate two directors to its board and the motions will be considered at its shareholders’ meeting on Sep 30. ECM Libra Foundation nominated two lawyers to the E&O board, Mahadzir Azizan and Leong Kah Weng. Mahadzir is a Director of ECM Libra while Leong is a director at TA Enterprise. It is unclear whether this is a start of a boardroom tussle. (BT/Financial Daily)
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