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Thursday, October 19, 2006
Robinson chairman ousted in shock shareholder vote - unceremoniously
Robinson chairman ousted in shock shareholder vote
Time for change, says company's third biggest shareholder
By ANGELA TAN AND CONRAD TAN
(SINGAPORE) In a shock development, Robinson & Co shareholders yesterday voted out Michael Wong Pakshong, the board chairman of 10 years, at the company's annual general meeting (AGM).
Is it right to treat a long-serving and highly regarded Chairman this way? What should have been done? Would you do it differently?
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