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Tuesday, November 8, 2011

2 shareholders seek to remove Focus Dynamics exec chairm (Edge)

Two shareholders of FOCUS DYNAMICS TECHNOLOGIES [] Bhd are seeking to remove the current executive chairman Datuk Manan Md. Said with immediate effect.

The company said on Tuesday that Lean Mun Huat and Lee Fong Peng, who own not less than one-tenth of Focus Dynamics shares, had requisitioned for an EGM to remove Manan as chairman.

They had requisitioned that Lean be appointed as a director of the company.

They said if such an EGM was not called within the time frame provided for in the Companies Act 1965, they would proceed to convene a meeting to pass the resolutions.

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