The notice of requisition has requested for the company to table 10 resolutions to remove five individuals who are currently the directors of the company and to appoint four other individuals as executive and independent directors.
Melvin Tan Wei Yang and Lim Shi Wei, two shareholders who hold around 10% of the shares in USP Group (SGX:BRS
) , are seeking a board overhaul.
USP Group had received a notice from Tan and Lim requesting the company to convene an extraordinary general meeting (EGM) to change the board.
