Governments are supposed to act in the best interests of their country. The management of company is supposed to act in best interests of all shareholders and to promote their company. SH has controlling investor the banking arm of Malaysia. If there is a conflict between what the Malaysian government thinks is best interests of Malaysia versus best interest of retail Viropro shareholders; whose interest comes first.
Assume a partnership with Therapix, an Israeli company is determined by CEO to be best for Viropro.
Malaysian government does not recognize Israel or have diplomatic ties.
Does SH, controlled by Malaysian government say Viropro can partner up with Israeli company or say Good-by CT.
Dato Kim Tan the founder of SH, now out of control, wrote email to CT, included in legal papers filed in Court; Kim Tan tells CT; she is out because of Israeli company.
It is even against federal law for American company to boycott Israel.
This entire episode was a conflict between CEO trying to run Viropro as US company that does business with all countries regardless of ethnicity versus Malaysian politics and Malaysian politics won.
CT's attitude was when SH became major shareholder of US company they must act in accord with American principles. SH's attitude is we control Viripro and things get done the way they are done in Malaysia.
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