Information technology services provider EOH, responding to media reports in April about its irregular legacy contracts, said issues raised in the media reports are largely as a result of EOH’s transformation strategy, which has been systematically and regularly reported to all stakeholders. The review and re-evaluation of certain historical contracts, called legacy contracts, resulted in EOH having to terminate and/or regularise certain contracts and business relationships. Some stakeholders may be adversely affected by these decisions and the resulting actions, EOH said in a statement on April 30.
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