Diamond Ltd develops and manufactures equipment used in the mining industry. Although it is committed to maximising the wealth of its shareholders, the company has incurred heavy losses over recent years, which has been made worse since the outbreak of COVID-19. A new chief executive has now been appointed to revive the flagging fortunes of the company. As part of the revival process, a review has been ordered of all projects involving new equipment that was either still being developed or was already developed and about to be launched.
ANSWER ALL QUESTIONS Diamond Ltd develops and manufactures equipment used in the mining industry. Although it is committed to maximising the wealth of its shareholders, the company has incurred heavy losses over recent years, which has been made worse since the outbreak of COVID-19. A new chief executive has now been appointed to revive … Read more