stella new ceo so low profile his appointment not covered by the edge or other newspapers. how come I seldom see stella news covered in the media.

@sardin you sound like knm employee:)

@ocbc new owners will come in, if not lee family and directors will not suddenly resign before agm.

the next question is whether lee family will fight back. As founders the attachment is there they won't simply give up. But from the recent agm results they should by now realise what and who shareholders want. Even if they rejoin they will definitely lose. better dont appear anymore in knm. they better sell all their stakes in knm. Go and invest somewhere else.

https://www.entrepreneur.com/amphtml/333712#aoh=16250639465494&referrer=https%3A%2F%2Fwww.google.com&amp_tf=From%20%251%24s

There have been many cases when the founder’s desire for control overtook their motivation for profit, and as a result, they couldn’t get any investor to come on board. This let to  almost 80 per cent of the founders out of the 212 US startups to be forced out of their position, instead of leaving willingly.

https://www.entrepreneur.com/slideshow/321360

based on statistics 50% of founders are fired or kicked out from their companies.