ENG 0.00% 89.0¢ engin limited

Ian Smith, Independent Chairman of ENG sent this letter. He...

  1. 1,927 Posts.
    Ian Smith, Independent Chairman of ENG sent this letter. He says:
    Quote
    Mr Howes refers to me as 'our allegedly allegedly Independent Chairman'.I was appointed to the Board to act as an independent director and Chairman and I have always acted as, and remain, an independent director and Chairman of the company. I do not place the interests of SGH ahead of the interests of company shareholders as a whole."
    Unquote
    What I do not understand is how can he,Ian Smith,can be Independent whilst sitting on ENG Board and might be getting remuneration?
    My vote is Against (Big NO).
 
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Currently unlisted public company.

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