Gets Global needs to explain Mirzan's exit
FocusM | 30 Aug 2019 00:30
On Aug 27, Mirzan Mahathir resigned as an independent director of Gets Global Bhd. The company was formerly known as KBES Bhd, whose main business is in operating express and stage bus services.
Resigning from the board is a common matter. Directors resign for various reasons. Nothing wrong with that. But it’s always a concern when an independent director resigns within a short span of time.
It was only five months ago that Mirzan joined the board of Gets Global, taking up positions in the nomination and remuneration committees. His entry excited the market, causing the share price to jump 148% to 33.5 sen on March 29 from 13.5 sen.
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