Ascent Bridge Resolves Governance Issue with Board Changes
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Ascent Bridge Limited has resolved a governance issue by addressing a requisition for an Extraordinary General Meeting (EGM) after three directors resigned. The company appointed a new independent director, Mr. Yeo Kan Yen, and successfully negotiated the withdrawal of the EGM requisition notice, ensuring board stability. Shareholders will be updated on significant developments. Current market cap is S$40.75M with an average trading volume of 664,665 and a technical sentiment signal of 'Sell'.
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