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Fashion Valet deal required board approval for dividends, court told
AI QUICK TAKE
A court heard that a Fashion Valet agreement required board approval for dividends. It also barred the company from extending loans or credit to directors, shareholders, related companies or others without board approval.
Timeline
- Free Malaysia Today reports court testimony on deal
Top sources
- Fashion Valet deal required board approval for dividends, court toldFree Malaysia Today