Nam Lee Pressed Metal Industries Limited announced that on Nov, 21 2025 it received a requisition notice from two shareholders, Mr Yong Kin Sen and Mr Yong Poon Miew, who collectively hold 95,577,593 shares, representing at least 10 percent of the company’s issued share capital.

The requisition seeks an extraordinary general meeting under Section 176(1) of Singapore’s Companies Act to consider the proposed removal of Director Ms Yong Li Yuen, Joanna, with effect from the date of the meeting.

The board is obtaining legal advice and said it will update shareholders on any material developments. In the meantime, investors are advised to exercise caution when dealing in the company’s shares.