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 Supermax boss daughter resign coz kena bully kuat, confront dad simply buy private jet

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Skylinestar
post Apr 19 2023, 05:42 PM

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QUOTE(premier239 @ Apr 19 2023, 04:40 PM)
user posted image
user posted image
user posted image

for ktards reference
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Girl: I just need a man who is loyal.
Ktard: I can provide that.
Girl: (avoid ktard like Plague)
a_dot_el
post Apr 19 2023, 05:50 PM

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QUOTE(h@ksam @ Apr 19 2023, 04:35 PM)
father also scold her, ape cerita lagi?

she must be failing hard in her duties.
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What duties? Fail what? Fail to carry out her duties or failed to carry out her father's "wishes"?
yhtan
post Apr 19 2023, 05:51 PM

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QUOTE(aLittleMisfit @ Apr 19 2023, 05:34 PM)
srly.. if kena bully also dont need announced like that

betul snowflakes
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Well i support her daughter, if it is sdn bhd do whatever u want, listed company still has public interest afterall.

QUOTE(premier239 @ Apr 19 2023, 05:35 PM)
nothing will happen

governance is very weak in msia as always

see how the hell topglove boss is approved to burn company cash to keep buyback whole year yet having stock price keep falling non-stop, also nothing happens
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Even topglove also kena bombard by MSWG about the share buyback, u think the minority shareholder will happy about it?

QUOTE(DarkNite @ Apr 19 2023, 05:41 PM)
Losing money still buy corporate plane!
No wonder resign!
How to uphold her fiduciary duties?
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The latest news is she oppose to buy private jet to replace the private jet bought a year ago. Betul betul knn.

ZeroSOFInfinity
post Apr 19 2023, 05:56 PM

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QUOTE(premier239 @ Apr 19 2023, 04:40 PM)
user posted image
user posted image
user posted image

for ktards reference
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The words behind her in 3rd pic..... brows.gif
forgotoldlogin
post Apr 19 2023, 06:00 PM

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She worked in Mercer of course cannot fit in local company like this. Not a lost for her, surely can get other job asap
Ayambetul
post Apr 19 2023, 06:04 PM

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QUOTE(Skylinestar @ Apr 19 2023, 05:42 PM)
Girl: I just need a man who is loyal.
Ktard: I can provide that.
Girl: (avoid ktard like Plague)
*
Loyal*

*term & conditions applied

Hensem, kaya, humour
Red_rustyjelly
post Apr 19 2023, 06:07 PM

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T20 Strawberry gens resign also got news kah.
hickups
post Apr 19 2023, 06:09 PM

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hahaha she quit share price naik lmao
DarkNite
post Apr 19 2023, 06:13 PM

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QUOTE(hickups @ Apr 19 2023, 06:09 PM)
hahaha she quit share price naik lmao
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Today naik? hmm.gif
Avex
post Apr 19 2023, 06:16 PM

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auntie
iGamer
post Apr 19 2023, 06:33 PM

Toxic ktards probably losers irl
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QUOTE(Blofeld @ Apr 19 2023, 04:47 PM)
She is an NED. Not an employee inside. That means she is probably already running her own business elsewhere.
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"Cecile, 35, was appointed as executive director on Jan 2, 2018. She was then re-designated as a non-independent, non-executive director on Feb 28, 2022"

First ED, then NINED.
knumskul
post Apr 19 2023, 06:35 PM

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Banyak tatau baca article. Nah kasi TLDR and sendiri decide.

QUOTE
In her letter, Cecile detailed how these disagreements started in November 2021, a month before her father's appointment as the group's executive chairman took effect, when he stated his intention to remove her from the board following her opposition to his proposed purchase of a new aircraft for US$47.39 million (RM210.32 million).

The aircraft was to be purchased by Supermax’s subsidiary Maxter Glove Manufacturing Sdn Bhd to replace one that was acquired only a year prior. Cecile rejected the proposal as she believed the proposed acquisition was not in the best interest of the company.

QUOTE
She also claimed the board had tried to stop her from responding to a question posed by a shareholder during the group's annual general meeting in December last year. The shareholder had asked about the group's audited financial statements, specifically about the aircraft purchase


QUOTE
Then in February last year, she expressed her view that the conferment of sole authority on Stanley as the single authorised person for the company's bank accounts was against the company’s financial accountability and corporate governance practices



Blofeld
post Apr 19 2023, 06:35 PM

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QUOTE(iGamer @ Apr 19 2023, 06:33 PM)
"Cecile, 35, was appointed as executive director on Jan 2, 2018. She was then re-designated as a non-independent, non-executive director on Feb 28, 2022"

First ED, then NINED.
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as long as NED whether independent or non-independent, you are no longer an employee inside.
knumskul
post Apr 19 2023, 06:36 PM

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QUOTE(iGamer @ Apr 19 2023, 06:33 PM)
"Cecile, 35, was appointed as executive director on Jan 2, 2018. She was then re-designated as a non-independent, non-executive director on Feb 28, 2022"

First ED, then NINED.
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Reason for redesignation, according to her.

Juicy drama.

QUOTE
As I was raising concerns about fiduciary and governance matters such as this and the aforementioned aircraft purchase, I was redesignated from executive director to non-independent non-executive director, without being asked for representation as to why this redesignation was required,” she said.

The public was told that her redesignation was due to the closure of the group's contact lens division in the US, but Cecile said her position as executive director had never been wholly based on its existence

iGamer
post Apr 19 2023, 06:38 PM

Toxic ktards probably losers irl
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QUOTE(Blofeld @ Apr 19 2023, 06:35 PM)
as long as NED whether independent or non-independent, you are no longer an employee inside.
*
From ED dropped to NINED means her father don't value her way.
Rusty Nail
post Apr 19 2023, 06:40 PM

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QUOTE(tahfeikei @ Apr 19 2023, 04:37 PM)
was she trying to bring in gwailo style ops into a chinaman company ?
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Most probably this
B0ss_ku
post Apr 19 2023, 06:42 PM

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Why buy private jet?

Cant just charter meh?
B0ss_ku
post Apr 19 2023, 06:43 PM

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QUOTE(Rusty Nail @ Apr 19 2023, 06:40 PM)
Most probably this
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Father should have send her to China study
Questions12345
post Apr 19 2023, 06:44 PM

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QUOTE(hickups @ Apr 19 2023, 06:09 PM)
hahaha she quit share price naik lmao
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The act of her quiting or not quiting will not affect the stock price.
B0ss_ku
post Apr 19 2023, 06:46 PM

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The private aircraft is for father and other directors to have orgy inside

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