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I believe attempting to sue someone is a natural response of the modern human, especially if you are blessed with resources and have a big ego to go with. But unless it gets personal (do a private suit, not use company resources), one is always better off to focus on the business and let the business actions speak for itself (find strategic investors like Olam or China Minzhong did, and/or focus to pay out dividends to "shut up" mouths)
UPDATE ON DEFAMATION SUIT AGAINST BONITAS RESEARCH AND ITS FOUNDER
The Board of Directors (the “Board”) of Best World International Limited (the “Company” and together with its subsidiaries, the “Group”) refers to the defamation proceedings commenced by the Company and its co-founders, Mdm. Dora Hoan Beng Mui and Mdm. Doreen Tan Nee Moi (together, the “Founders”) against Bonitas Research and its founder (together, the “Defendants”) in the High Court of Singapore (the “Suit”).
The Board would like to inform the shareholders of the Company that the writ of summons in respect of the Suit (the “Writ”) has expired and the Company and the Founders have decided not to renew the Writ and will not continue with the Suit against the Defendants in order to focus management time and resources on the measures necessary for the Company to resume trading and the growth of the Group’s business.
https://links.sgx.com/FileOpen/2020%2010...eID=633769
UPDATE ON DEFAMATION SUIT AGAINST BONITAS RESEARCH AND ITS FOUNDER
The Board of Directors (the “Board”) of Best World International Limited (the “Company” and together with its subsidiaries, the “Group”) refers to the defamation proceedings commenced by the Company and its co-founders, Mdm. Dora Hoan Beng Mui and Mdm. Doreen Tan Nee Moi (together, the “Founders”) against Bonitas Research and its founder (together, the “Defendants”) in the High Court of Singapore (the “Suit”).
The Board would like to inform the shareholders of the Company that the writ of summons in respect of the Suit (the “Writ”) has expired and the Company and the Founders have decided not to renew the Writ and will not continue with the Suit against the Defendants in order to focus management time and resources on the measures necessary for the Company to resume trading and the growth of the Group’s business.
https://links.sgx.com/FileOpen/2020%2010...eID=633769