What is Bursa Malaysia Going To Do With Justin Lim Hwa Tat's Announcement.
JUSTIN Lim Hwa Tat, in order to look too damn smart may have broken law, which is punishable with18 months in prison and with a maximum fine of RM3 million for submitting a false statement.
On June 27, Justin Lim Hwa Tat quit as managing director of Managing Dieector citing differences with the management.
The other version coming out from this story is that the board was about to expose Justin Lim Hwa Tat as a bankrupt, a little secret that Justin has been trying very hard to conceal.
There is some substance to this train of thought. due to the fact Justin Lim Hwa Tat quit as managing director of Sersol, and was reappointed as group chief executive officer.
A managing director definitely is a member of the board while a CEO merely reports to the board.
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