Business
Religare Enterprises announces demerger to unlock shareholder value
Burman family backed-Religare Enterprises Ltd (REL) has approved a plan to demerge its financial services and insurance businesses into…
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shareholder
Business
Centurion wins shareholder support for Reit listing plan
The Reit will accelerate the group’s growth and support sustainable capital recycling, says chief executive Kong Chee Min Mainboard-listed…
Business
Sias chastises Singapore Paincare over shareholder pressure in privatisation offer
The Securities Investors Association (Singapore), or Sias, is cautioning shareholders of Singapore Paincare to decide on its proposed…
Business
US ETF outperforming S&P 500 becomes substantial shareholder in Rex, has stakes in 30 Singapore stocks
A US-based exchange-traded fund (ETF) has recently become a substantial shareholder of Rex International after raising its stake in the…
Business
Tesla gets multiple shareholder proposals related to investment in xAI
Tesla said on Friday (Jul 25) it had received a number of shareholder proposals regarding the company’s plan to invest in CEO Elon Musk’s…
Business
Hugo Boss shareholder Frasers warns it won’t back dividends
Frasers Group warned Hugo Boss it will vote against any dividends, as the British retailer owned by billionaire Mike Ashley exerts its…
Business
Unnamed AIA Group shareholder is said to sell HK$26.8 billion stake
An undisclosed AIA Group shareholder sold a HK$26.8 billion (S$4.4 billion) stake in the insurer via block trades, according to people…
Business
Google to spend US$500 million revamping compliance in shareholder settlement
Google agreed to spend US$500 million over 10 years to overhaul its compliance structure, to settle shareholder litigation accusing the…
Business
ICP receives S$0.009 per share exit offer from major shareholder Aw Cheok Huat
AW CHEOK Huat, a major shareholder of hospitality player ICP, has launched a voluntary offer to take the company private at S$0.009 per…
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…
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
Korea Zinc Shareholder Meeting Takes a Dramatic Turn
For months, the fight for management control of Korea Zinc, a leading metals producer, between its two founding families seemed headed for…
Business
Alliance Bank’s top shareholder Vertical Theme is said to consider sale to DBS
INVESTMENT management firm Vertical Theme is planning to seek approval in the coming weeks to start talks about selling its stake in…
Business
Alliance Bank Malaysia’s top shareholder Vertical Theme said to be mulling sale to DBS
INVESTMENT management firm Vertical Theme is planning to seek approval in the coming weeks to start talks about selling its stake 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…