S i2i shareholder-letter saga takes a curious turn

Globalroam irked by S i2i's claim that Blue Ocean Capital is connected to Globalroam shareholders


MAINBOARD-LISTED S i2i appears to have unwittingly irked Globalroam Group, a firm that it is suing to recover monies from, in its response to an attempt by a group of unhappy shareholders seeking the watch-list firm's majority owner to launch a buyout or wind up the company.

In a letter issued by Globalroam's lawyers Selvam LLC to S i2i's non-independent and non-executive director Ashok Kumar Goyal dated March 1, a copy of which was obtained by The Business Times, Globalroam has demanded...

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