Nam Lee Pressed Metal Industries (SGX:G0I) responded to a recent media article in The Business Times regarding the shareholders' call to remove its chairman and executive director Joanna Yong, according to a Wednesday filing with the Singapore Exchange.

The company said the details in The Business Times' Jan. 4 article were incorrectly combined with information from the company's recent disclosures, possibly resulting in confusion about its answers to shareholder questions before the Jan. 9, 2026 extraordinary general meeting.

Shareholders Yong Kin Sen and Yong Poon Miew had earlier asked to hold an extraordinary general meeting to remove Joanna Yong as a director. But the pair did not provide any rationale for the demand.

However, Nam Lee stated that it has not raised any concerns regarding Yong's "independence, decision-making, or oversight responsibilities, including in her capacity as Chairman cum Executive Director in relation to the whistleblowing allegations or internal control matter."

Similarly, the board also clarified that it has not previously received "any formal or informal concerns from the requisitioning shareholders" about Yong as a director.