More clarity sought from new LCD directors
HK institutional investor Pyrrho Management cites lack of relevant experience of incoming executive directors among key concerns
ONE institutional investor of LCD Global Investments is calling for greater clarity from the firm's new incoming executive directors on their plans for the group.
In an open letter issued on Friday, Pyrrho Management, a family office fund of a private Hong Kong company, flagged a lack of relevant experience of the new directors in property or hospitality among key concerns.
The fund also questio…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
China knockoff raid jolts a global throng of fake-fashion influencers
Tesla profits tumble but shares rise on new vehicle plan
Brokers’ take: CGS International upgrades Nanofilm to ‘hold’ despite lower target price
Roche cuts pipeline after research setbacks and sales drop
Brokerage Haitong removes long-term Hong Kong unit chief Lin, appoints new head
London stocks hit new record at open