Under pressure Wrightson director Lee to leave at AGM

The boardroom kerfuffle has been a headache for the company. (Image: Getty)

Tue, 11 Jul 2023

PGG Wrightson director Lee Joo Hai won’t stand for re-election at the upcoming annual meeting and has stepped down from the audit committee effective immediately to quash the distraction of the securities law charges he faces in Singapore. Lee initially had the support of the board when he first told them of the securities charges he faced over disclosures made by the Singapore-listed Hyflux, saying he was defending the charges and that the matter was unrelated to Wrightson and wouldn’t affect his duties. He was later reli...

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