Business
Exxon faces no shareholder proposals for first time in 25 years
It received only one proposal this year and the SEC agreed it should be discarded because “it tried to micromanage the company” ExxonMobil…
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shareholder
Business
PSL becomes Uni-Asia substantial shareholder; Oceanus Group’s Peter Koh adds to stake
Over the four trading sessions from Mar 28 to Apr 3, institutions were net buyers of Singapore stocks, with net institutional inflow of…
Business
South Korea financial watchdog chief offers to resign after veto on shareholder interests
The head of South Korea’s financial watchdog said on Wednesday he had offered to resign, a day after the acting president vetoed a revised…
Business
Sinarmas Land minorities should be incensed by lowball offer from its controlling shareholder
The deal comes only a few months after a key unit of the group acquired a property company from Top Global at a premium to NAV Lowball…
Business
Fu Yu’s largest shareholder makes new request to table motion to oust directors at AGM
Fu Yu Corporation said on Thursday (Mar 20) that it had received a new request from its largest shareholder Victor Lim to table…
Business
Aoxin Q&M’s largest shareholder calls for EGM to oust executive director
Mainboard-listed Q&M Dental Group (Singapore) holds some 32.78% of Catalist-listed Aoxin’s shares AOXIN Q&M Dental Group’s largest…
Business
Listed companies can dial down on diversity; profits, financial prudence, shareholder treatment matter more
LIVING in multi-racial, multi-religious Singapore – where people hail from diverse nationalities and many are foreign-born – is fun. One…
Business
Cash-rich PropNex could sweeten shareholder returns with special dividend
Market leader is leveraging technology to build business moat as it strives to stay ahead “THIS year is going to be a good year,” said…
Business
China firms boost shareholder returns via dividends and buybacks
CHINESE firms are attracting investors with increased dividends and buybacks, spurred by a policy push for corporate governance reforms in…
Business
Fu Yu IDs ‘surprised’ at EGM requisition by largest shareholder following his failed application to be a director
The independent directors reiterate that they do not have any control over the day-to-day operations of the company PRECISION plastic…
Business
Fu Yu’s largest shareholder requisitions EGM to oust directors amid poor performance
FU YU’S largest shareholder has called for an extraordinary general meeting (EGM) to remove two directors amid dropping shareholder value…
Business
BlackRock becomes Yangzijiang Shipbuilding’s substantial shareholder
Asset manager acquires 10.8 million shares of maritime vessel maker for an unknown amount of consideration ASSET manager BlackRock is…
Business
World’s biggest asset manager BlackRock is now Yangzijiang Shipbuilding substantial shareholder
BlackRock, which manages over US$10 trillion in assets, acquires 10.8 million shares of maritime vessel maker to raise its deemed interest…
Business
DBS buys back nearly S$15m of its shares; AGT Partners becomes Oiltek’s substantial shareholder
OVER the five trading sessions from Nov 22 to 28, institutions were net buyers of Singapore stocks, resulting in a net institutional…
Business
Netflix defeats shareholder lawsuit over growth forecasts
NETFLIX won the dismissal on Tuesday of a shareholder lawsuit accusing the streaming company of downplaying the impact on subscriber…
Business
Dividends preferred over share buybacks for shareholder returns: OCBC CEO Helen Wong
The bank aims to keep its excess capital as dry powder to support franchise flows and potential inorganic growth opportunities that may…