Monday, October 4, 2010

Primus files summons over EON Cap EGM

KUALA LUMPUR: Primus (Malaysia) Sdn Bhd has filed an originating summons with the High Court of Malaya at Kuala Lumpur over the EON CAPITAL BHD [] EGM on Sept 27.

Primus had on Monday, Oct 4 sought to have the motion for an adjournment of the EGM as 'a valid motion'.

It also sought a declaration that act of the chairman of the EGM in refusing to put the motion for an adjournment of the EGM to a vote was unlawful.

It also sought '' a declaration that the motion for the removal of the chairman of the EGM is a valid motion".

Primus said the chairman's refusal to put to vote the motion for adjournment properly and validly moved by a shareholder at the EGM infringed the fundamental proprietary right of the shareholders, including that of the plaintiff, and was contrary to the Articles of Association of the Company.


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