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.
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