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PR Newswire
10-11-2015, 05:26 PM
There are dark clouds forming over Teckwah. Their single biggest Non Print customer has been acquired by a US MNC. Once the due diligence and other legal stuff are finalized, there is a very high chance that the acquiring company will take over all the existing Teckwah customer's operations and consolidate to save costs.
The whole company rests on Thomas Chua with no clear succession plans in place, or perhaps I should say capable successor identified. But Thomas is still in good health and hopefully he can continue to lead for some years to come but the sheer personality and influence of the man may also hinder the succession. Especially if the new Chairman is from within the ranks.
Disclosure : I am vested in Teckwah but small number of shares only.
The whole company rests on Thomas Chua with no clear succession plans in place, or perhaps I should say capable successor identified. But Thomas is still in good health and hopefully he can continue to lead for some years to come but the sheer personality and influence of the man may also hinder the succession. Especially if the new Chairman is from within the ranks.
Disclosure : I am vested in Teckwah but small number of shares only.