Delpha Construction and PJ Group Acquire 22% Stake in BES Engineering, Push for Governance Reform
Delpha Construction and PJ Group have acquired a 22% stake in BES Engineering Corporation, signaling a push for board and governance reforms. The move comes amid legal challenges and financial irregularities, with the court ruling in favor of reinstating shareholder-nominated candidates. This development is expected to impact BES's corporate governance and market perception.
Topics: board changes corporate governance financial irregularities legal litigation shareholder activism