MSWG Weekly Newsletter 18 August 2023 (English)

Friday, 18 August, 2023

Recently, EA Holdings Berhad (EAH) found itself in the limelight over its announcement of calling an EGM convened by a shareholder, as ‘defective and void.’ EAH also urged shareholders to refrain from attending and voting at the EGM scheduled on 22 August 2023. This current state of events at the Company may baffle its shareholders. Arguably, this EGM is called by an independent party who is exercising his rights as a shareholder under the Companies Act 2016.