This article first appeared in Forum, The Edge Malaysia Weekly, on July 5, 2021 – July 11, 2021.
The past few months have seen business leaders placing their most tricky bets yet. With the ongoing pandemic and resulting lockdowns of varying degrees, businesses have been challenged in how they plan for their future, conserve cash to stay liquid and prevent disruption to operations. Weighed down by the uncertain global and domestic economic climate, business leaders, in particular directors, need to confront some tough questions, including what they need to do when the business faces inevitable distress.
Warning signs and interpretation of information
At the speed with which the landscape is evolving, it is crucial to identify potential si…
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