KUALA LUMPUR: PETRA PERDANA BHD [] will not address and circulate the nominations of four individuals to the board of directors ahead of the AGM on June 28.
Petra Perdana said on Tuesday, June 22 the decision was made after it sought legal counsel and was advised that the nominations had not been made in accordance with the law.
'The Board has sought legal advice and found that the nominations by the shareholders do not comply with the minimum requirements to nominate parties to the office of Directors,' said its managing director, Shamsul Saad.
Petra Perdana received letters dated June 11 and 14 from the same company secretarial services company for the nominations of four individuals to Petra Perdana's office of directors, by four individual shareholders.
The nominations were by Chow Lean Keat (for John Pang Yun Nian); Datin Che Nariza Hajjar Hashim (for Datuk Syed Norulzaman Bin Syed Kamarulzaman); Ramilah Joannah Sulaiman (for Suhaimi Badrul Jamil); and Nik Ismail Bin Tengku Besar Indra Raja (for Datuk Shaik Sulaiman S. Mohamed Ismail. Datin Che Nariza is the wife of Tengku Ibrahim Petra while Suhaimi is her brother-in-law.
'We take nominations by shareholders to the Board seriously, but we need to ensure that such nominations comply with the necessary rules and regulations,' Shamsul said.
Petra Perdana said on Tuesday, June 22 the decision was made after it sought legal counsel and was advised that the nominations had not been made in accordance with the law.
'The Board has sought legal advice and found that the nominations by the shareholders do not comply with the minimum requirements to nominate parties to the office of Directors,' said its managing director, Shamsul Saad.
Petra Perdana received letters dated June 11 and 14 from the same company secretarial services company for the nominations of four individuals to Petra Perdana's office of directors, by four individual shareholders.
The nominations were by Chow Lean Keat (for John Pang Yun Nian); Datin Che Nariza Hajjar Hashim (for Datuk Syed Norulzaman Bin Syed Kamarulzaman); Ramilah Joannah Sulaiman (for Suhaimi Badrul Jamil); and Nik Ismail Bin Tengku Besar Indra Raja (for Datuk Shaik Sulaiman S. Mohamed Ismail. Datin Che Nariza is the wife of Tengku Ibrahim Petra while Suhaimi is her brother-in-law.
'We take nominations by shareholders to the Board seriously, but we need to ensure that such nominations comply with the necessary rules and regulations,' Shamsul said.
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