English

MSWG Weekly Newsletter 21 August 2020 (English)

21.08..2020

Holding Boards Accountable

Shareholder activism in Malaysia should get a shot in the arm from recent development in Boustead Holdings Berhad when it announced that a writ had been filed on 29 June 2020 for a claim up to £6.4 million, against its former chairman, managing director and four other directors for breaching their fiduciary obligations as Directors under the Companies Act 1965.