Iris takes nine existing and ex-directors to court


The defendants listed are Tan Sri Razali Ismail(pic), Datuk Tan Say Jim, Datuk Seri Shahbuddin Tunku Besar Burhanuddin, Datuk Hamdan Mohd Hassan, Datuk Eow Kwan Hoong, Chan Feoi Chun, Syed Abdullah Syed Abd Kadir, Datuk Noor Ehsanuddin Mohd Harun Narrashid and Datuk Nik Azman Mohd Zain.

PETALING JAYA: Iris Corp Bhd has initiated legal proceedings against its existing and former board of directors over its Border Control Solutions Investment.

In a filing with Bursa Malaysia yesterday, the identification products and solutions provider said it had commenced legal proceedings in the Kuala Lumpur High Court against nine defendants.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!
   

Next In Business News

Apple unveils Vision Pro, its first mixed reality headset
Dollar edges up as markets weigh chances of Fed rate hike
OCBC Malaysia lead arranged edotco's US$700mil loan syndication
UBS expects to seal Credit Suisse takeover as soon as June 12
IATA calls on Asia Pacific airlines to strengthen readiness for transition to sustainable aviation fuel
S&P Global Asean PMI retreats to 51.5 in May
Asian shares extend global rally, oil rises after Saudi cuts
China's services activity picks up in May on improved demand- Caixin PMI
Philippines AirAsia looking to revive IPO plans
Oil jumps 2% on Saudi plan to deepen output cuts from July

Others Also Read