AUSTRALIA: ASA Leads Calls For Austrim Chairman Removal
The chairman of struggling Australian textile company Austrim, Alan Jackson, has come under fire from the Australian Shareholders Association, which claims he has lost control of the company. The ASA has called for the removal of the chairman by early March 2001 following the company's current epidemic of top level management resignations, declining profits, and what the ASA claim is poor corporate governance.
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