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USP Group calls EGM but skips requisitioning members' concerns

Michelle Teo
Michelle Teo • 3 min read
USP Group calls EGM but skips requisitioning members' concerns
SINGAPORE (March 24): USP Group, which has been facing a minority revolt, has finally called an extraordinary general meeting. But it is not quite for the reasons listed in the shareholders' requisition.
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SINGAPORE (March 24): USP Group, which has been facing a minority revolt, has finally called an extraordinary general meeting. But it is not quite for the reasons listed in the shareholders' requisition.

(See also: USP seeking advice on EGM requisition letter, advised to obtain ‘documentary evidence’ of shareholders’ stake)

In a statement filed with the stock exchange late on Thursday night, USP said it will hold an EGM on April 7, for shareholders to vote on the appointment of RSM Chio Lim as the company's auditors.

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