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U-Jiun Tan No Longer a Director

Sun Aug 14, 2011 7:49 am

Appointment terminated 11/8/11,, same day as the new share allocation was put on Companies house records.

If my calcs are right this now means the majority of directors on the board are no longer Malaysian.

Don't know if this has any significance as U-Jiun was VT's son.

Re: U-Jiun Tan No Longer a Director

Sun Aug 14, 2011 8:09 am

I was under the impression that the malaysians had 49% of the shares

Re: U-Jiun Tan No Longer a Director

Sun Aug 14, 2011 8:14 am

boxerbob wrote:I was under the impression that the malaysians had 49% of the shares


They do, but they also had 5 of the 9 directors at one stage.

I think there are 4 now, with U-Jiun out and the UK directors would be Hall,(recently appointed) Guy, Isaacs, Borley and Whitley. Now leaving 5 Uk based and 4 Malaysian. Again this could be meaningless or be for a reason.

Re: U-Jiun Tan No Longer a Director

Sun Aug 14, 2011 8:19 am

Lawnmower wrote:
boxerbob wrote:I was under the impression that the malaysians had 49% of the shares


They do, but they also had 5 of the 9 directors at one stage.

I think there are 4 now, with U-Jiun out and the UK directors would be Hall,(recently appointed) Guy, Isaacs, Borley and Whitley. Now leaving 5 Uk based and 4 Malaysian. Again this could be meaningless or be for a reason.

Sorry mate,misread.
As long as the shares are still in place,i cant see that it matters,hopefully