SINGAPORE (Sept 17): The cover of Stamford Land Corp’s latest annual report is emblazoned with the phrase “Striking the right chord”. But this past week, the company hit all the wrong notes in dealing with a difficult and outspoken shareholder. On Sept 7, Stamford Land and five of its directors filed a writ of summons in the High Court against Mano Sabnani for making allegedly defamatory remarks, to the effect that they had “breached their fiduciary duties to Stamford Land and [are] guilty of offences under the Companies Act”.

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