Additional explanatory material for upcoming EGM of Shareholders - Fujitec

KUALA LUMPUR, Feb 13 (Bernama) -- Fujitec Co Ltd has announced additional explanatory material regarding its position on the Extraordinary General Meeting (EGM) of the Shareholders, to be held on Feb 24.

According to a statement, the Board of Directors at Fujitec resolved to approve the Company’s proposal (Proposal 1) to improve governance by the Board of Directors and to oppose all other shareholder proposals.

This is in regard to agenda items to be put forward at the EGM of the Shareholders, and as described in the document “Notice Concerning the Board of Directors' Position on the Agenda Item to be Submitted by the Company and the Agenda Items Proposed by a Shareholder for the Upcoming EGM of the Shareholders,” dated Jan 20, 2023.

“This disclosure is meant to convey our thoughts on issues of concern to Fujitec shareholders brought to our attention in conversations with them on the topic of the EGM of the Shareholders,” added Fujitec.

-- BERNAMA