SINGAPORE (Feb 23): In a rare move, the Singapore Exchange has ordered Datapulse Technology to appoint independent advisors by March 9 to conduct a review of its internal controls and corporate governance practices.

Since late last year, the company has been embroiled in a shareholders’ tussle. Ng Bie Tjin @ Djuniarti Intan, daughter of Datapulse co-founder Ng Khim Guan, has called for extraordinary general meeting to oust the newly appointed board.

Four new directors were appointed on Dec 11, following an earlier sale of a 29% stake by another co-founder cum former CEO Ng Cheow Chye at 55 cents each to an individual Ng Siew Hong.

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