PETALING JAYA: A substantial shareholder of CLIQ Energy Bhd, a special-purpose acquisition company (SPAC), is rallying other shareholders to vote against all resolutions in the upcoming shareholders’ meeting.
It is learnt that one substantial shareholder, M Siva Kumar, who has more than 7% in the oil and gas (O&G) SPAC, has been contacting other shareholders to support his move.
Already a subscriber? Log in.
Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!