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An announcement from V2Y Corporation Ltd. ( (SG:V2Y) ) is now available.
V2Y Corporation Ltd. has received a requisition letter from shareholders holding over 10% of its shares, demanding the resignation of three directors by 23 September 2025. If the directors do not resign, the requisitioning parties plan to call an extraordinary general meeting to vote on their removal and the appointment of two new directors. This development follows a recent disclaimer of opinion by auditors and the contested resignation of a former executive director, Mr. Felix Ang. The board is currently seeking legal advice and verifying the shareholders’ claims while advising caution to investors.
More about V2Y Corporation Ltd.
V2Y Corporation Ltd., incorporated in Singapore, operates in a sector where it provides various services and products. The company, along with its subsidiaries, focuses on delivering solutions within its industry, although specific details about its primary products or services are not provided in the release.
Technical Sentiment Signal: Sell
Current Market Cap: S$4.77M
See more data about V2Y stock on TipRanks’ Stock Analysis page.