Therefore, nothing could describe the shock and dismay felt by the long-serving board of Ntegrator International, a communications network specialist and e-business systems integrator, when they found themselves unceremoniously booted out at the April 28 AGM by a substantial shareholder, Christian Kwok-Leun Yau Heilesen, who had emerged barely days earlier, in what could be seen as a “Pearl Harbor moment” — a sudden move with little warning.
Photo: Stock photo
For most companies, AGMs are typically uneventful affairs where all the resolutions put forth by the directors are approved with no hiccups while the highlight of the day for retail shareholders is finding out what’s in their free lunch boxes.
