In the years-long war between Vision Capital and Ires, December 18, 2023 was a significant day. That was when Vision Capital issued a requisition notice calling for an extraordinary general meeting. It has put forward resolutions calling for the replacement of five of Ires’s nine board members. It’s seeking the removal of the CEO, the CFO, the chair, the chair of the audit committee, and the chair of the remuneration committee. Vision Capital is also seeking the liquidation of the Ires portfolio within two years. Vision Capital’s complaint against Ires is that it shouldn’t exist in its current form. Ires’s…

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