Eka Noodles to proceed with EGM on Feb 6

PETALING JAYA: Eka Noodles Bhd has decided to convene an EGM on Feb 6, despite deeming it illegal, invalid and irregular.

Eka had on Dec 30, 2016 received a notice from its shareholders Law Chong Kai, Fong Yit Meng and Vibrant Class Sdn Bhd, who hold not less than 10% stake in Eka, to seek the removal of four directors, including chairman Datuk Sohaimi Shahadan, executive director Ahmad Zaffry Sulaiman, independent non-executive director Yee Yit Yang and Raja Nazrin Raja Ghazilla.

Meanwhile, they are seeking the appointments of Khairilanuar Tun Abdul Rahman, Leong Woay Hong @ Neoh Woay Hong, Chin Yew Sin, Law Chong Kai, Lim Choo Hooi, Chan Soo Yeen and Fong Yit Meng.

In a filing with the stock exchange yesterday, Eka said the requisitionists have failed to comply and will be failing to comply with the Companies Act 1965, the relevant listing requirements and the Articles of Association of the Company in carrying out the notice to shareholders and/or the intended EGM.

Nonetheless, the company noted that it will proceed with the EGM proceedings, in line with the spirit of good corporate governance.