Fate of Bumi rests on replacing board, says Rothschild

Bumi plc co-founder Nathaniel Rothschild said the fate of the troubled coal miner rests on ousting managers, ahead of a highly anticipated shareholder meeting Thursday.

Bumi plc co-founder Nathaniel Rothschild said the fate of the troubled coal miner rests on ousting managers, ahead of a highly anticipated shareholder meeting Thursday.

Shareholders will meet later to vote on Rothschild's proposal to replace 12 of 14 members on the board in an effort to end company infighting and shake-up the business.

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