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Old 1st Sep 2020, 12:39
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Progress Wanchai
 
Join Date: Aug 2006
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Originally Posted by AllWobbly
In that case why are they still training cadets?
Because there is a process.

Senior management are designing what they believe is the right structure of the company.
Upon the completion of that process the board will be informed and will debate the merits or otherwise of such a restructure.
Once the board makes a decision the HKEX will be informed and trading in company shares halted until the market can be briefed (as the public are part owners of the company),

Then and only then will the training department be given their new instructions. Rightly or wrongly until then the ship will continue to sail straight ahead.

I’m only speculating but my guess is any leaked “plans” will be coming from the myriad of outside lawyers working with senior management.
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