SINGAPORE - Axington Inc, a Singapore-listed company linked to the Bellagraph Nova Group which recently made a bid for Newcastle United Football Club, has postponed an extraordinary general meeting that was to be held on Thursday.
Axington, a professional services company, is owned by Singaporean cousins Nelson Loh and Terence Loh, who are not directors. Their business partner, Chinese jewellery merchant Evangeline Shen, is Axington's non-independent non-executive chairman. Following this, SGX's regulatory arm said Axington's sponsor - Novus Corporate Finance - should look into the suitability of Ms Shen as a director.
The board also announced that it is in the process of reviewing the composition of members to comply with the Code of Corporate Governance.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Herkunft: BusinessTimes - 🏆 15. / 51 Weiterlesen »