The digital payment services company's sponsor and board's nominating committee (NC) have disagreed on the suitability of the five directors controlling shareholder Ching Chiat Kwong proposed to be added. While the NC does not recommend their appointment, the company's sponsor has deemed them suitable. Shares of Catalist-listed MC Payment closed 4.6 per cent or 2.5 Singapore cents lower at 52 cents on Wednesday.
Source from BT
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