Zipmex CEO Marcus Lim Refuses to Resign

Zipmex CEO Marcus Lim said he will stay in charge of the company unless the new major shareholders force him to resign. The firm halted customer withdrawals last month, but the executive vowed to reimburse all affected users. Previously, Zipmex investors was calling for the resignation of CEO Marcus Lim, as they believe management decisions have led to a severe cash crunch.
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