A pattern of turbulence


Why does Larry Tey invest in companies that diversify and then hit instability?

A STRANGE thing happened at Ire-Tex Corp Bhd on Monday, when it had an annual general meeting (AGM) in Penang. The manufacturer of packaging materials surprisingly announced that co-founder and group managing director Datuk Donald Yap Tatt Keat had stepped down. Ire-Tex said he had retired by rotation at the AGM and had not sought re-election.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Columnists

Why Western Carmakers Are Losing Ground to China
Brain circulation or brain drain: Malaysia needs better metrics
Reaping timeless lesson on gratitude for our food
A weekend nobody took control – missed chances in Premier League
Artificial Intelligence Malaysia (AIM): A Digital Silk Road for All Malaysians
Why aren’t we angry anymore?
How not to get shortchanged in the bedroom
No more ‘Game of Thrones’
Lessons from Iran for Malaysia
A tale of two nails

Others Also Read