Ann: Appointment of Joint Company Secretary, page-52

Good post Agentm,

From XST's last report:

Xstate has initiated bankruptcy and committal proceedings for contempt of court against two of the three defendants (Hong Hung Thiam and Tanzil Hidayat) in Singapore.

Contempt proceedings carry the potential for a criminal conviction and imprisonment.

There is so much at stake now for Hong and Tanzil, being imprisoned for contempt of court, and being bankrupted will mean the end of their careers and ability to do business in Singapore. If they had half a brain you would do whatever you can to settle with xstate immediatley.