SingPost open to discussions with SIAS about sacking of 3 top executives after call for independent inquiry

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SingPost open to discussions with SIAS about sacking of 3 top executives after call for independent inquiry - Channel News Asia

Quick Summary:

The retail investor watchdog said the "sudden dismissal" of the three top executives and their "vigorous denial" of the allegations has raised questions in the minds of shareholders and investors.

What assurance do shareholders have that the sale is actually still on and a strategic reset will still be possible, and indeed successful, given the loss of three key management personnel?

Mr Gerald said that potential litigation between SingPost and the dismissed executives may result in substantial legal costs, further eroding shareholder value.