Ann: Director and management update, page-33

Sad day as Dr.Sud was a magnet for many investors. I had my suspicions about his engagement as there was little mention of him in the Ann’s in the last year. Hope this departure is mutually beneficial to IHL & Dr.Sud.

With the end of financial year, AGM coming up later this year and considerations of the strategy, it may have been deemed the best timing.

In more than 2 years of my investment in IHL we hadn’t seen even one negative news or misstep from mgmt. I would say that while today’s Ann is the exception as it is not an exciting Ann but one that probably needed to happen so we can go onto bigger and better things.

GLATH.