• 544.SI fell 6.43% on June 26, closing at $1.31, as investors reacted to governance concerns following the resignation of its lead independent director.
  • The director stepped down effective June 2, citing differing views on board refreshment and working with the controlling shareholder, sparking a boardroom dispute.
  • This departure has raised significant questions regarding board independence and internal oversight, weighing heavily on investor sentiment throughout June.