What price Malaysia’s corporate reconstruction?
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Idris Jala: had to get big results fast |
It has made something of a celebrity of Idris Jala, the CEO appointed in 2005 in what he calls “possibly the worst and most difficult time in our history”. In the first nine months of the 2005 fiscal year, the company had logged a M$1.3 billion ($370 million) loss. Continuing on that trajectory, it would have gone bankrupt by the middle of April 2006.
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