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Ire-tex's boardroom tussle gets messier as directors lodge police reports

Ire-tex's boardroom tussle gets messier as directors lodge police reports

KUALA LUMPUR (May 12): The boardroom tussle between two groups of feuding shareholders of Ire-tex Corp Bhd has moved up one notch, with police reports filed against existing and present directors of the company.

In one of four filings with Bursa Malaysia today, Ire-tex said its subsidiary Ire-tex Malaysia Sdn Bhd yesterday lodged a police report against its non-independent non-executive director Kong Hon Kay and group chief operating officer Christopher Purcell over payments totalling RM1.8 million made to OGL Asia Resources between June 2015 to Oct 2016.

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