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Recent happenings at Menang Corp pique market interest

PROPERTY developer Menang Corp (M) Bhd, which is less than two weeks away from its annual general meeting on Dec 30, is seeing some eyebrow-raising changes to its boardroom. On Dec 11, the company saw the appointment of two company secretaries, Cheng Chai Ping and Hua Siew Chuan, without any notice of resignation from the two previous company secretaries. This implies that Menang Corp now has four company secretaries. Meanwhile, the property developer announced last Thursday that its independent non-executive director Leou Thiam Lai had resigned for “personal reasons”. This means it is now left with one independent non-executive director, Chiam Tau Meng.

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