Prescribed events which require immediate announcement
If a listed issuer’s shareholders requisition for the
removal of a director or auditor of the listed issuer, is the listed issuer
required to disclose the reasons for removal pursuant to the shareholders’
requisition, under paragraphs 9.19(12)(b) or 9.19(15) of the Main LR
The listed issuer is expected to use its best endeavours to obtain the reasons for such removal from the shareholders making the requisition, and subsequently announce the reasons under paragraphs 9.19(12)(b) or 9.19(15) of the Main LR, as the case may be.