Business
Castel CEO’s fate in limbo amid clash over shareholders’ vote
The disputed outcome marks a a new point of contention in the escalating clash between Clerc and the Castel family — The clash between the…
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Shareholders
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Low Keng Huat controlling shareholders up offer price to S$0.78 per share, extend closing date
Revised offer represents an increase of 8.3% or S$0.06 over the initial offer price The offerors for Low Keng Huat have raised the offer…
Business
Hang Seng Bank shareholders approve HSBC’s US$13.6 billion buyout proposal
Hong Kong’s high court will decide in a hearing on Jan 23 whether the take-private plan can be executed Hang Seng Bank shareholders on…
Business
Electronic Arts shareholders approve US$55 billion sale to Saudis
ELECTRONICS Arts shareholders approved the US$55 billion sale of the company, a leading video-game publisher, in a deal led by Saudi…
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ANZ hit with second “strike” as shareholders dissent over pay report
AUSTRALIAN lender ANZ Group’s new CEO will forgo his short-term bonus this year, while a significant minority of shareholders opposed the…
Business
Warner Brothers urges shareholders to reject $108bn Paramount bid
Warner Bros Discovery has told its shareholders to reject Paramount Skydance's $108.4bn (£80.75bn) takeover bid. Paramount had said its…
Business
Hans Patuwo gets GoTo shareholders’ nod as CEO amid investor push for Grab deal
Shareholders of Indonesia’s digital giant GoTo Group have approved the appointment of Hans Patuwo as president director and chief…
Business
Paramount Skydance’s David Ellison Sends Letter to Warner Bros. Discovery Shareholders Making Case for Why Its Bid Is Better Than Netflix Deal: ‘I Am Passionate and Dedicated to This Pursuit’
David Ellison, the CEO of Paramount Skydance who has launched a hostile takeover bid for Warner Bros. Discovery, is urging WBD…
Business
Paramount Claims WBD Is Overvaluing CNN, TBS and Other TV Networks — Alleging That Means Netflix’s Deal Is Worse for Shareholders
A core argument of Paramount Skydance‘s hostile takeover bid for Warner Bros. Discovery is this: WBD’s cable networks like CNN and TBS are…
Business
Pierre Hotel’s Potential Sale Still Divides Shareholders Heading Into the Holidays
Like the luxury stores a few blocks south on Fifth Avenue, the Pierre Hotel is decked out with holiday decorations, but the residents of…
Business
Mandarin Oriental shareholders approve Jardine Matheson privatisation offer
Shareholders of Mandarin Oriental International on Monday (Dec 8) voted in favour of Jardine Matheson’s cash takeover bid that values the…
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Jardine Matheson’s bid to privatise Mandarin Oriental gets shareholders’ nod
The required majority are in favour of the scheme of arrangement at US$3.35 a share Shareholders of Mandarin Oriental International on…
Business
Low Keng Huat controlling shareholders launch delisting offer at S$0.72 a share
The cash offer price represents a premium of 17.1 per cent over the last transacted price of S$0.615 The majority shareholders of Low Keng…
Business
Warren Buffett warns ‘Father Time’ is catching up and reflects on his life in a letter to shareholders
Billionaire Warren Buffett warned shareholders Monday that many companies will fare better than his Berkshire Hathaway in the decades…
Business
SingPost’s new chief urges shareholders against reading too much into how Singtel is involved in SingPost
Singapore Post’s (SingPost) new chief Mark Chong – previously group chief corporate officer at Singtel – suggested that the market not…
Business
Elon Musk's $1tn pay deal approved by Tesla shareholders
Tesla shareholders have approved a record-breaking pay package for boss Elon Musk that could be worth nearly $1tn (£760bn). The…
Business
Tesla shareholders approve US$878 billion pay plan for Elon Musk
Tesla CEO Elon Musk scored a resounding victory on Thursday as shareholders approved a pay package of as much as US$878 billion over the…
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Tesla shareholders will vote on whether to make Musk the world’s first trillionaire
Elon Musk turned off many potential buyers of his Tesla cars and sent sales plunging with his foray into politics. But the stock has…
Business
Is Elon Musk worth $1 trillion? Shareholders get to decide
Tesla shareholders have just days left to vote on whether to approve a staggering pay package for chief executive Elon Musk that could…
Business
Keppel vows to use part of cash unlocked in asset monetisation to reward shareholders
Global asset manager and operator Keppel on Thursday (Oct 30) said it would use part of the cash unlocked from its ongoing asset…
Business
Disney Shareholders Demand Documents Related to Jimmy Kimmel Suspension About Whether Company Committed ‘Wrongdoing’ by ‘Capitulating’ to Trump Administration
A group of self-described “pro-democracy” organizations sent a letter to Disney chief Bob Iger on behalf of two shareholders demanding…
Business
Nvidia announces $5 billion investment in Intel, making it one of its biggest shareholders
Nvidia said on Thursday it would invest $5 billion in Intel, throwing its heft behind the struggling U.S. chipmaker just weeks after the…
Business
VSP Vision to Acquire Marcolin From PAI Partners and Other Minority Shareholders
VSP Vision, parent company of Marchon, has entered into an agreement to acquire Marcolin from PAI Partners and other minority…
Business
Sias raps Singapore Paincare for WhatsApp pressure on shareholders over privatisation offer
The Securities Investors Association (Singapore), or Sias, is cautioning shareholders of Singapore Paincare to decide on its proposed…