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HOCK LOCK SIEW

SBI Offshore has yet to deal with the elephant in the boardroom

Things still appear unclear one year after the company upsized its board with the appointment of four independent directors

A LOT can change in a year. But for some companies like ailing SBI Offshore, it could be suffering from Groundhog day - a chief executive in the spotlight, boardroom rejig, futile search for a new business, outstanding serious allegations over a past transaction and this - minority shareholders...

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