According to law, they have to pay him salary even if he fails to do his job.
Just wondering the 2.9M loan, is it stated in the annual report or not? and With the current Midas situation, I don’t think he will get his money anyway. Continue to waste his money on the lawsuit.
Throw serious light in the financial affairs of the company.
Such loan arrangements fall under IPT/RPT transactions. Not being disclosed and obtained shareholders mandate for it.
If disclosed, shareholders would have questioned the existence/cash/need for GCEO to provide loans to a big company. This demand letter only serve to prove this Chew guy played a big part in hiding the state of the company.
According to law, they have to pay him salary even if he fails to do his job.
Just wondering the 2.9M loan, is it stated in the annual report or not? and With the current Midas situation, I don’t think he will get his money anyway. Continue to waste his money on the lawsuit.
Don't pay him, Counter-sue him in Supreme Court! Lolll
Throw serious light in the financial affairs of the company.
Such loan arrangements fall under IPT/RPT transactions. Not being disclosed and obtained shareholders mandate for it.
If disclosed, shareholders would have questioned the existence/cash/need for GCEO to provide loans to a big company. This demand letter only serve to prove this Chew guy played a big part in hiding the state of the company.