I do love going down a rabbit hole and I did just that with the new OIA non-exe director, Amit Mehta.
Tin foil hat, on.
This article (https://www.businesstimes.com.sg/companies-markets/rotary-engineering-be-delisted-takeover-offer-declared-unconditional) refers to an EPC type company going private in Sep 2017, due to an unconditional buyout/joint bid.
"The offer of 46 Singapore cents per share was made through Orochem, which is 64.7 per cent held by Rotary Engineering's controlling shareholder, the Chia family group, and 35.3 per cent by an investment arm of the Oman government"
Lo and behold, guess who was appointed to Orochem in Sep 2017:
TBH, I think Kore appointed Mehta more so for his experience working as a Board Member on a EPC-type company since Apr 2018, but I wont rule out the other dots that could be connected
Definitely not financial advice, just a fun rabbit hole.
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