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Overlooking succession planning could be a ‘kiss of death’ for listed companies

KUALA LUMPUR: The absence of proper succession planning in a public listed company (PLC), in the event of a major shareholder’s death, can lead to adverse consequences, including losing control of the PLC, loss of funds amounting to tens or hundreds of millions, even family tussles and distress amid the fight for capital and control. ROCKWILLS […]

Confessions Of A Smart Alex

Tham was convinced by his son Alex, to appoint him as the executor and not trust a company so to save on the estate administration fees and his is one of the beneficiaries. Upon Tham’s death, Alex went about to obtain the grant of probate. Little by little, he found out that he had a […]