In my previous posts, i wrote what management of other companies proactively did to try to save the sinking ship.
Ezion
- Proactively issued rights to access capital
- A drastic reduction in management compensation and doing more with less people
- Usage of family and personal assets as a collateral to gain more funds for the company
- Acceptable terms for perpertual securities holders ( Accreditated investors)
Tiger Air
- Proactively issued rights to access capital
- Capital injection by parent company
- CEOs who were changed along the way ( ok i didn't write this in my previous post)
- Redeemed retail perpetual securities at principal
