Monday, August 15, 2011

#Flash* Two DVM shareholders seek to remove 4 directors

KUALA LUMPUR: Two shareholders of DVM TECHNOLOGY [] BHD [], owning 15.4% of the shares, have requisitioned for an EGM to seek the removal of four directors with immediate effect

DVM said on Monday, Aug 15 the two shareholders are Raymond Yip Wai Man and Christian Kwok-Leun Yau Heillesen.

They are seek the removal of Tan Sri Abdul Rahman Abdul Hamid, Datuk Goh Kian Seng, Kamarudin Ngah and Lee Keat Hin.

Yip and Yau were seeking shareholders' approval at the EGM that they be appointed as directors. They are also seeking the appointments of Douglas Arthur Choy and Koo Seng Fatt as directors.

DVM shares fell four sen to 17.5 sen at midday. It was the most active counter with 44.9 million shares done.

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