Friday June 5, 2020

One51 believes results will pacify shareholders

Investment vehicle On351 has dismissed a ‘‘campaign for change’’ by dissident shareholders in the company as ‘‘a distraction’’, promising the half-year results will speak for themselves.

17th July, 2010
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Investment vehicle One51 has dismissed a ‘‘campaign for change’’ by dissident shareholders in the company as ‘‘a distraction’’, promising the half-year results will speak for themselves.

The company told The Sunday Business Post that the current row had followed on from cost-cutting and restructuring in the business.

‘‘We needed to put in new structures and they are tough decisions,” said a spokesman.

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