Posts Tagged ‘shareholder’
Global Investments appoints Temasek unit as manager
November 26th, 2009 | 
Author: Instead they appointed Temasek unit ST Asset Management – a move backed by the independent directors – in a bid to revive the company’s flagging fortunes.
The move had been opposed by the previous manager, a unit of collapsed Australian investment bank Babcock & Brown, which fell victim to the financial crisis.
Babcock, the firm’s No. 1 shareholder with a 13.8 per cent stake, is in liquidat… more
Posted in Singapore Financial News | 
Tags: amp, asset, australian investment, Babcock, Bank, bid, Brown, cent, company, crisis, financial crisis, firm, flagging fortunes, independent directors, Investment, investment bank, liquidat, management, manager, move, shareholder, st asset management, stake, Temasek, Unit, victim | 
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Dispute at Global Investments
THE independent directors of a Singapore-listed investment fund – Global Investments – are embroiled in a dispute with the company’s biggest shareholder over the appointment of a fund manager to run its business.
Its previous fund manager fell victim to the global financial crisis last year. Global Investments announced last month that it wanted to hand over the job to ST Asset Management – a fund… more
Posted in Singapore Financial News |
Tags: appointment, asset, business, company, crisis, dispute, Fund, Global, global financial crisis, global investments, independent directors, Investment, investment fund, investments, job, management, manager, month, shareholder, Singapore, Singapore-listed, st asset management, victim, year |
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Crawford says Time Warner will sell magazine unit (Reuters)
Reuters – Time Warner Inc will eventually sell the Time Inc magazine unit and could buy holdings in its core entertainment category, Gordon Crawford, managing director of its largest shareholder, said during a presentation this week.
Posted in Uncategorized |
Tags: category, core, director, entertainment, Gordon Crawford, Inc, magazine, magazine unit, managing director, presentation, Reuters, shareholder, time, time inc, time warner, time warner inc, Unit, Warner, week |
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SGX may force lifting of veil on pledged shares
(SINGAPORE) Controlling shareholders may in future be forced to disclose any significant share pledges they have made, based on new regulations now being studied by the Singapore Exchange (SGX).
Such shareholders may also have to custodise their shares in Singapore, said SGX chief executive Hsieh Fu Hua, who was speaking at Invest Fair 2009 on Saturday.
A controlling shareholder – defined as someo… more
Posted in Singapore Financial News |
Tags: chief executive, Controlling, custodise, exchange, executive, Fair, Hsieh Fu, Hua, Invest, pledges, Saturday, SGX, share, shareholder, shareholders, Singapore, singapore exchange, someo |
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Ex-AIG CEO, others to pay $115 million to settle lawsuit: source (Reuters)
Reuters – Former AIG chief executive, Maurice “Hank” Greenberg, and five other defendants, have agreed to pay $115 million to settle a shareholder lawsuit, according to a person familiar with the matter.
Posted in Uncategorized |
Tags: AIG, chief executive, executive, Former, Greenberg, Hank, hank greenberg, lawsuit, matter, Maurice, maurice hank greenberg, person, Reuters, shareholder, shareholder lawsuit |
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Investors’ body hits out at Tangs’ exit offer
(SINGAPORE) The Securities Investors Association (Singapore), or SIAS, has hit out at the delisting proposal by the Tang brothers, saying that the exit offer has ignored the interests of minority shareholders.
The investor rights watchdog has requested a meeting with the board of directors before tomorrow’s extraordinary general meeting (EGM), after attempts by a vocal minority shareholder, Alan G… more
Posted in Singapore Financial News |
Tags: Alan, Association, association singapore, attempts, board, board of directors, delisting, EGM, exit, extraordinary general meeting, investor, investor rights, investors, meeting, minority, minority shareholder, minority shareholders, offer, proposal, securities investors association, shareholder, SIAS, Singapore, Tang, tomorrow, vocal minority, watchdog |
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