NWP hauled up for not getting shareholders' nod to pay directors’ fees


NWP said during the case management held on Feb 8, the company has pleaded not guilty to the above charges.

KUALA LUMPUR: NWP Holdings Bhd was hauled up by the Companies Commission of Malaysia (SSM) for not getting shareholders’ approval at an AGM for the directors’ fees paid for the financial years ended Aug 31,2017 and 2018.

In a filing with Bursa Malaysia, NWP said it had on Jan 26 and Feb 8 received the summons from the CCM for the failure to obtain the approval.

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