Author: Mak Yuen Teen

Shareholders should vote in the proposed directors, who can then do a proper study before a proper diversification plan is put to shareholders for approval (or cash is returned to shareholders). The new board can also review whether issues about the trademarks and other matters would constitute “irregularities, deficiencies or material adverse events” that would trigger the buyback clause requiring the vendor to buy back Wayco. I believe that unwinding the Wayco acquisition would be in the best interest of the company.

The KPMG report did not in any way say that the independent directors at China Yongsheng did what was expected of independent directors.

By Mak Yuen Teen It has come to my attention that a misleading and malicious document, which includes statements relating to what I have written and me personally, has been distributed to Datapulse shareholders.  The writer(s)...

I would much rather have a different, more experienced and proven board leading Datapulse in any diversification strategy.

Given the highly contentious series of events and the dispute between the requisitioning shareholders and the current board, it is disappointing that of all the professional firms that could be engaged to undertake the compliance review, RHT Law has been appointed.