The recent interim report for Matex International Limited documents significant operational challenges, including a major decline in sales volume attributed to global economic uncertainty and fierce industry competition. While cost control measures were implemented, the Group recorded an increased net loss. Following the reporting date, the company was rocked by intense corporate action, including multiple attempts by shareholders to requisition Extraordinary General Meetings for the removal and appointment of directors, leading to high-stakes legal proceedings and ultimately, a substantial board reshuffle.