Business
Australia’s Star casino shareholders approve A$300 million rescue package
Star Entertainment Group’s shareholders approved on Wednesday (Jun 25) an A$300 million (S$250 million) rescue package that will allow the…
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Shareholders
Business
Apple sued by shareholders for allegedly overstating AI progress
The company shares have lost nearly one-fourth of their value since their Dec 26, 2024 record high Apple was sued on Friday (Jun 20) by…
Business
Hong Kong-listed ESR gets shareholders’ nod for privatisation
Shareholders of ESR Group on Friday (Jun 13) approved the scheme resolution proposed by a consortium of investors to acquire and privatise…
Business
Shareholders to vote on Great Eastern delisting on Jul 8
Independent directors of Great Eastern Holdings (GEH) are recommending for shareholders to accept OCBC’s conditional exit offer that will…
Business
‘Very clever’; ‘lost confidence’: Shareholders react to OCBC’s latest exit offer for Great Eastern
OCBC on Friday (Jun 6) made a conditional exit offer at S$30.15 per share for the 6.28 per cent stake in Great Eastern it does not own, in…
Business
New OCBC offer for Great Eastern more attractive but fate lies in hands of significant minority shareholders: analysts
OCBC’s latest exit offer for Great Eastern is more attractive than its initial privatisation bid, but it still remains to be seen if the…
Business
Great Eastern seeks to delist through OCBC exit offer of S$30.15 per share to remaining 6.28% of shareholders
OCBC has made a S$900 million conditional exit offer at S$30.15 per share for the 6.28 per cent stake in Great Eastern it does not own, in…
Business
Singapore Paincare up 12.1% as Sias urges shareholders to await IFA report
Shares of Singapore Paincare rose on Thursday (Jun 5), a day after the Securities Investors Association (Singapore), or Sias, said the…
Business
Sias calls for Singapore Paincare shareholders to await IFA opinion on privatisation offer
The Securities Investors Association (Singapore), or Sias, is urging minority shareholders of Singapore Paincare to hold off on selling…
Business
Nomura faces rare vote over shareholder’s name-change proposal
Nomura Holdings has received a shareholder proposal that it will put to a vote for the first time in 13 years at a general meeting next…
Business
SLB Development shareholders okay privatisation offer from Lian Beng’s Ong family
Shareholders of SLB Development approved the scheme resolution proposed by Lian Beng Group’s board of directors – which comprises the…
Business
Nordstrom Shareholders Give Thumbs-up on Privatizing
Nordstrom Inc. shareholders have approved the company’s plan to go private. The green light by shareholders, which was expected, was…
Business
Harvey Norman operator Ossia surges over 40% following privatisation offer from controlling shareholders
The offerors say the company faces a challenging environment in Singapore and abroad Shares of Ossia jumped more than 40 per cent on…
Business
Ossia controlling shareholders offer S$0.16 a share to take it private
The controlling shareholders of Ossia International – group executive chairman Goh Ching Wah, chief executive Goh Ching Huat, and…
Business
Kering ‘Fully Mobilized’ to Fix Gucci, CEO Tells Shareholders
Shares in Kering dipped 1 percent on Thursday, a day after the French luxury group reported a 14 percent decline in first-quarter…
Business
More nominee shareholders, accounts could be detrimental to investor protection
The travails of Dasin Retail Trust (DRT) unitholders continue. From a unit price of around S$0.80 in 2020, the counter’s value has…
Business
Sias urges Sin Heng Heavy Machinery shareholders to reject Tal United’s voluntary unconditional cash offer
The bid from Tal United to acquire Sin Heng Heavy Machinery at S$0.58 a share mid-last month has been described as a “lowball offer” by…
Business
CDL answers shareholders’ concerns on NAV-share price gap, board cohesion
City Developments Ltd (CDL), which was recently embroiled in a family power struggle, has responded to questions from shareholders,…
Business
CDL answers shareholders’ concerns on NAV-share price gap, board cohesion, Sherman Kwek’s strategy
City Developments Ltd (CDL), which was recently embroiled in a family power struggle, has responded to a wide range of questions from…
Business
Japfa shareholders approve privatisation offer
Japfa’s shareholders approved the scheme resolution proposed by family members of the agri-food company’s founder to take the business…
Business
3M to return US$10 billion to shareholders, reiterates sales forecast
3M also reaffirmed its annual forecast of organic sales growth in the range of 2% to 3% 3M Co said on Wednesday (Feb 26) it would return…
Business
SingPost to hold EGM on Mar 13 to seek shareholders’ approval for sale of Australia business; mulls special dividend
SINGAPORE Post (SingPost) said on Wednesday (Feb 26) it will hold an extraordinary general meeting (EGM) to seek shareholders’ approval…
Business
Brokers’ take: Dyna-Mac shareholders should accept Hanwha’s S$0.67 a share offer, Maybank says
MAYBANK Securities has recommended that shareholders of offshore oil-and-gas contractor Dyna-Mac accept the revised S$0.67 a share offer…
Business
Opposition to Toyota’s chairman spreads among big shareholders
OPPOSITION to Toyota Motor chairman Akio Toyoda has surfaced among some of the Japanese company’s biggest investors, after a series of…