NutryFarm shareholders call for leadership change as firm shifts to data centres

Shareholders of NutryFarm have initiated moves to replace the company's existing leadership as the organisation undertakes a significant strategic realignment from its traditional durian business toward the data centre sector. The shareholder action reflects growing pressure on the board to reshape management in line with the company's evolving business model. In their proposal to the board of directors, shareholders have specifically nominated Charlie In for election to the board, with a view to appointing him as chief executive officer. The proposed changes signal investor confidence in In's ability to navigate the company through its transition into the technology infrastructure space. The data centre sector has attracted increased investment across Southeast Asia in recent years, driven by rising demand for cloud computing and digital services. NutryFarm's move into this industry represents a departure from its historical focus on agricultural commodities, where it had built operations around durian cultivation and export. The board is expected to consider the shareholder proposals at forthcoming proceedings, with the outcome likely to shape the company's strategic direction and management structure in the coming period.