Besra Gold Inc. Faces Shareholder Showdown: Vote to Remove Dato' Lim Khong Soon from Board Approaches

Reuters
17 Jun
<a href="https://laohu8.com/S/BESAF">Besra Gold Inc</a>. Faces Shareholder Showdown: Vote to Remove Dato' Lim Khong Soon from Board Approaches

Besra Gold Inc. is currently experiencing significant shareholder activism surrounding a special meeting of its shareholders. The meeting is scheduled to take place on 24 June 2025 at 11:30 a.m. (Sydney, Australia time) at the offices of Hall Chadwick in Sydney. Shareholders are urged to vote prior to the CDI voting deadline on 18 June 2025. Institutional Shareholder Services Inc. (ISS), a leading independent proxy advisory firm, has recommended that shareholders vote to remove Dato' Lim Khong Soon from the board of directors. ISS has raised concerns regarding governance failures and potential conflicts of interest associated with Mr. Lim, who controls Quantum Metal Recovery Inc. ISS also advises against accepting Quantum's proposed changes to the board, citing a lack of a strategic plan and failure to justify the proposed alterations. David Potter, Besra's Non-Executive Chair, supports ISS's recommendations, emphasizing the importance of shareholder votes to prevent Quantum from replacing the current independent directors with its own nominees. Shareholders are encouraged to review detailed information available in Besra's management information circular to make informed decisions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Besra Gold Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 255715) on June 16, 2025, and is solely responsible for the information contained therein.

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