How it started
History
Jetion listed on the Alternative Investment Market in 2007. The "Deloitte Technology Fast 500 Asia-Pacific", which identifies the most rapidly expanding businesses in the Asia–Pacific, listed Jetion as number two in 2008. Robert Linsday of The Times in 2008 attributed Jetion's stock market "slump" to "a perception that it has not communicated well enough with the market". Spain is a significant market for the company.
In 2009, Jetion fired its CEO and three members of its leadership team, citing "breaches of their service contracts and fiduciary duties". Comparing Jetion to Bodisen Biotech, the Nomura Securities analyst John-Marc Bunce stated that this action was "likely to have a sentimental knock-on effect on other foreign-listed Chinese companies".
From Wikipedia’s article on Jetion Holdings Ltd, shared under CC BY-SA 4.0.2