CSE, Datapulse under pressure from activist investors

SINGAPORE (Mar 12): Danny DeVito portrayed the ruthless ethos of financial markets with comedic perfection in the role of Larry “The Liquidator” Garfield in the 1991 movie Other People’s Money.

In the movie, Garfield discovers a company called New England Wire and Cable, which could be worth $25 a share if it were to shut down its loss-making core business and scrap the assets. He begins buying the stock at $10, then approaches the management of the company and demands that they get rid of the cable and wire business.