AGM/EGM

Even as the Australian unit’s financials improve, shareholders are concerned about the recent A$100 million penalty for sales misconduct, among other issues

Redesignation is in accordance with SGX rule which stipulates that a director of a listed company will not be independent if he or she has served for an aggregate period of more than nine years

Decision over divesting SingPost Centre now lies with the reconstituted board, which will review whether the property is non-core to the group and is to be sold, says outgoing chairman

Another resolution, which included a one-for-one bonus issue resolution, is passed

[TOKYO] Japan’s annual general meetings in June saw a CEO voted out and an entire board of directors replaced in a sign shareholders are increasingly holding management to account and providing impetu...

The meeting is to be held by Sabana’s external manager to consider resolutions raised by activist investor Quarz Capital and four other unitholders of the Reit

These include the re-election of numerous independent directors as well as a share purchase mandate

The Dasin Retail Trust saga illustrates the challenge for a listed issuer to operate when stakes are held through nominee accounts 

They had called for the meeting as they believe ‘significant costs’ have been incurred from the manager internalisation