kinda hnnnnggghhhhh

gambar sendiri google la

kinda hnnnnggghhhhh

gambar sendiri google la

for ktards reference

Dotter quit then share price Naik 2.11%
Need I say more?

for ktards reference

ktard hnnngggghh lol.

/k T20 can sure go find love

so kuat then sendiri keluar climb corporate ladder see how far she can go je.

father also scold her, ape cerita lagi?

she must be failing hard in her duties.

Not bad but alrdy aged.. but since she Kaya , ok la.

Inb4 ktard not even in her radar

I would be starstruck if she would even reply to me.

Anyone knows her IG or FB? >60k per month ntg to her but with her help I'll easily make more. That's what a couple is about. Helping each other.not one leeching off another

share price and profit drop like shit post pandemic still want to buy 47 million US$ plane.

gila

kinda hnnnnggghhhhh

gambar sendiri google la

2 scenario here

1. Daddy still behind of the decision making despite not in BOD, those NED was his buddy. Daughter mau buat apa pun kena veto during meeting.
2. Daughter cannot pakai

Edit : Just saw the news daddy use $43mil to buy corporate plane, no wonder lah.

that is the main problem, glove price sudah sliding on year 2022 and still haven't recover, company spent RM200mil for a private jet for the boss to enjoy. Really sama sama pattern with Topglove boss, used up RM1bil to share buyback for his own glory.

You punya taste ah, go get your eyes checked.

Supermax contact lens business still on going, it's the daughter pet project

#1 very common in cinaman company. Can’t let go even to own children

wimmenz

taukeh sudah tua, no spend like this which lifetime mau spend

use company money 200mil to buy private plane while company suffering losses?

Let's see how MSWG react to this. If Sdn Bhd nobody give a fucuk about it.

use company money 200mil to buy private plane while company suffering losses?

Let's see how MSWG react to this. If Sdn Bhd nobody give a fucuk about it.

#1 very common in cinaman company. Can’t let go even to own children

2 scenario here

1. Daddy still behind of the decision making despite not in BOD, those NED was his buddy. Daughter mau buat apa pun kena veto during meeting.
2. Daughter cannot pakai

Edit : Just saw the news daddy use $43mil to buy corporate plane, no wonder lah.

for ktards reference

father also scold her, ape cerita lagi?

she must be failing hard in her duties.

srly.. if kena bully also dont need announced like that

betul snowflakes

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

Losing money still buy corporate plane!
No wonder resign!
How to uphold her fiduciary duties?

for ktards reference

Girl: I just need a man who is loyal.
Ktard: I can provide that.
Girl: (avoid ktard like Plague)

hahaha she quit share price naik lmao

She is an NED. Not an employee inside. That means she is probably already running her own business elsewhere.

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.

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

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

"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.

"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.

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

as long as NED whether independent or non-independent, you are no longer an employee inside.

was she trying to bring in gwailo style ops into a chinaman company ?

Most probably this

hahaha she quit share price naik lmao

for ktards reference

for ktards reference

share price and profit drop like shit post pandemic still want to buy 47 million US$ plane.

gila

Nowdays pipu lol, kompani bapak ada hal diam je la. Tak mo kerja, cabut je la. Makan berak still daddy kasi oi
Hoo haa hoo haa

If parents, usually father, are domineering, then end up like this when working together.  My father's friend also end up like this with the son. But the son's problem is that he relies on the father for $$$. Can't walk away like this lady.

Around 50, still kena scold by his 80 year old father all the time.

Just remember guys. To every story there's two sides and then there's the truth in the middle.

so kuat then sendiri keluar climb corporate ladder see how far she can go je.

Why buy private jet?

Cant just charter meh?

Can, but it's shareholder's money.
and boss is the one enjoy

KUALA LUMPUR (April 19): Cecile Jaclyn Thai, the daughter of Supermax Corp Bhd executive chairman and major shareholder Datuk Seri Stanley Thai, claimed she quit as the group's non-executive director as she had experienced "bullying and silencing" from other board members, including her father, while trying to uphold her fiduciary duties.

In her resignation letter dated April 16, which was sighted by The Edge, she claimed there had been concerted attempts by Supermax's board "to act against corporate governance practices, punish dissent and silence transparency", which led to her decision to step down from her position.

When contacted, a spokesperson for Cecile confirmed that the letter was authentic. Supermax announced her departure from the board via a bourse filing on Tuesday evening (April 18), citing her disagreement with the board on "several matters" as the reason for her resignation.

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. 

“When I emailed the board to clarify that I was in fact not stepping down, Stanley responded that the only position available to me would be a non-executive position, without valid basis or justification.

“Stanley's stated intentions to remove and later re-designate me arose from the fact that I did not sign the director’s written resolution to approve the proposed acquisition of the new aircraft,” she said.

Redesignated, ignored and dismissed
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.

“My request that the audit committee hold a meeting and provide specific guidance was ignored. 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. “Moreover, my redesignation had been decided on by Stanley in November 2021, several months before the closure,” she noted.

Cecile was then denied access to a remuneration committee meeting via a Zoom video conference in May 2022, despite being a member of the committee. Then the remuneration committee and nomination committee was suddenly merged in August 2022, while she was removed from the newly merged committee.

“My position in any board committee was the only one completely removed from the new structure, and without valid justification; my request for an explanation as to the basis for my removal was ignored," she said.

She also accused the group of rescheduling two quarterly board meetings with minimal notice — once in August 2022 and again in February 2023 —  to a day she had specifically said she would not be able to join, causing her to miss the two meetings.

The draft minutes of these meetings, she further claimed, was then withheld from her for over a month after the meeting took place. She only got them on her fourth request, five weeks after the meetings were held.

She claimed that a discussion on the group's corporate governance report, during which she gave her views, was also omitted from the minutes of the board meeting.

"In October 2022, I stated my view that in order for our Corporate Governance Report to be accurate, we ought to disclose that we 'departed' from Practice 1.6 of the Malaysian Code on Corporate Governance. In an opposing view, one member of the board opined that we should keep the declaration as 'applied' because they believed it would not look good if we had changed it to state 'departure'," she said.

Practice 1.6 of the code stipulates that directors receive meeting materials that are complete and accurate within a reasonable period prior to the meeting, and that minutes are circulated in a timely manner after the meeting is concluded.

"When I highlighted to our company secretary at Tricor that this discussion was omitted from the minutes of the board of director's meeting, my feedback was dismissed and the minutes remain incomplete and thus a false representation of what had occured," she added. 

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.

"The executive chairman and another member of the board initialy denied me the microphone despite my attempts to address the audience, and subsequently distracted (them) from the topic after I had transparently answered the inquiring shareholder," she said.

The concerted attempt by the board to act against corporate governance practices, she said, is against her principles, ethics and values.

"As such, I cannot in good conscience continue serving on this board of directors that do not act in alignment with their fiduciary responsibilities to put the company and its shareholders first," she said as she concluded her letter, adding she wanted the reason for her departure and the disagreements she had with Supermax's board be accurately announced to Bursa.

Stanley co-founded Supermax with his wife Datin Seri Cheryl Tan Bee Geok. They both have a 38.376% stake in the company, while Cecile holds 211,258 shares. 

Supermax shares closed 7.22% or seven sen lower at 90 sen on Wednesday, giving the group a market capitalisation of RM2.45 billion.

https://www.theedgemarkets.com/node/664021

KUALA LUMPUR (April 19): Cecile Jaclyn Thai, the daughter of Supermax Corp Bhd executive chairman and major shareholder Datuk Seri Stanley Thai, claimed she quit as the group's non-executive director as she had experienced "bullying and silencing" from other board members, including her father, while trying to uphold her fiduciary duties.

In her resignation letter dated April 16, which was sighted by The Edge, she claimed there had been concerted attempts by Supermax's board "to act against corporate governance practices, punish dissent and silence transparency", which led to her decision to step down from her position.

When contacted, a spokesperson for Cecile confirmed that the letter was authentic. Supermax announced her departure from the board via a bourse filing on Tuesday evening (April 18), citing her disagreement with the board on "several matters" as the reason for her resignation.

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. 

“When I emailed the board to clarify that I was in fact not stepping down, Stanley responded that the only position available to me would be a non-executive position, without valid basis or justification.

“Stanley's stated intentions to remove and later re-designate me arose from the fact that I did not sign the director’s written resolution to approve the proposed acquisition of the new aircraft,” she said.

Redesignated, ignored and dismissed
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.

“My request that the audit committee hold a meeting and provide specific guidance was ignored. 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. “Moreover, my redesignation had been decided on by Stanley in November 2021, several months before the closure,” she noted.

Cecile was then denied access to a remuneration committee meeting via a Zoom video conference in May 2022, despite being a member of the committee. Then the remuneration committee and nomination committee was suddenly merged in August 2022, while she was removed from the newly merged committee.

“My position in any board committee was the only one completely removed from the new structure, and without valid justification; my request for an explanation as to the basis for my removal was ignored," she said.

She also accused the group of rescheduling two quarterly board meetings with minimal notice — once in August 2022 and again in February 2023 —  to a day she had specifically said she would not be able to join, causing her to miss the two meetings.

The draft minutes of these meetings, she further claimed, was then withheld from her for over a month after the meeting took place. She only got them on her fourth request, five weeks after the meetings were held.

She claimed that a discussion on the group's corporate governance report, during which she gave her views, was also omitted from the minutes of the board meeting.

"In October 2022, I stated my view that in order for our Corporate Governance Report to be accurate, we ought to disclose that we 'departed' from Practice 1.6 of the Malaysian Code on Corporate Governance. In an opposing view, one member of the board opined that we should keep the declaration as 'applied' because they believed it would not look good if we had changed it to state 'departure'," she said.

Practice 1.6 of the code stipulates that directors receive meeting materials that are complete and accurate within a reasonable period prior to the meeting, and that minutes are circulated in a timely manner after the meeting is concluded.

"When I highlighted to our company secretary at Tricor that this discussion was omitted from the minutes of the board of director's meeting, my feedback was dismissed and the minutes remain incomplete and thus a false representation of what had occured," she added. 

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.

"The executive chairman and another member of the board initialy denied me the microphone despite my attempts to address the audience, and subsequently distracted (them) from the topic after I had transparently answered the inquiring shareholder," she said.

The concerted attempt by the board to act against corporate governance practices, she said, is against her principles, ethics and values.

"As such, I cannot in good conscience continue serving on this board of directors that do not act in alignment with their fiduciary responsibilities to put the company and its shareholders first," she said as she concluded her letter, adding she wanted the reason for her departure and the disagreements she had with Supermax's board be accurately announced to Bursa.

Stanley co-founded Supermax with his wife Datin Seri Cheryl Tan Bee Geok. They both have a 38.376% stake in the company, while Cecile holds 211,258 shares. 

Supermax shares closed 7.22% or seven sen lower at 90 sen on Wednesday, giving the group a market capitalisation of RM2.45 billion.

https://www.theedgemarkets.com/node/664021

Too weak, even own daddy dismiss you bully and simply put, you should be a charsiew spending your daddy's money doing shit stuff instead of working and be useless there.
Dog eat dog world. Even own born still bite and try eat.

If I’m her, I’ll just become char siew get few hundreds millions from the dad to spend use his private jet.

some ppl simple just born rebellious...

Boomers cannot accept new gen way of doing things

This is not Sdn Bhd, it's a public listed company. I agree with the daughter, the father behaving like sole proprietor like that. Losing money still buy private jet. Tomorrow sell off my 1000 shares in Supermax, lol.

Losing money still buy corporate plane!
No wonder resign!
How to uphold her fiduciary duties?

Not many people would stand up against their own father if he did something wrong. Most corrupt Malaysians would say he is my father and must support him even if it is wrong. Just look at Jibby's daughter.

I am really sure her father want fast money
But dont want involve law.
Salah hb its just decoy and blank invoices.