shareholder activism

The letter came after QT Vascular’s request for halt in the trading of its shares at 1.11pm on Nov 16.

SBI Offshore’s shareholders Hui Choon Ho and Paul Goh have sent two letters dated July 13 and July 15 to the company calling for an extraordinary general meeting (EGM) to prevent further agreements with Berlitz CEO Chan Kern Miang.

Rich Capital Holdings’ shareholders on Thursday sent an open letter calling for an EGM to prevent the company’s subsidiaries Rich Batam and Oxley Batam from entering its Batam development into any terms of settlement or payment.

SINGAPORE (Nov 25): A group of minority shareholders of Magnus Energy shot down all the resolutions put forward at the recent annual general meeting on Oct 30. They ousted three of the directors and blocked the reappointment of the external auditor as wel

SINGAPORE (Nov 11): In August, the Business Roundtable, which comprises the CEOs of the US’ largest companies — with combined annual revenues of more than US$7 trillion ($9.5 trillion) — updated its long-standing statement regarding corporate purpos

SINGAPORE (Mar 7): Sunningdale Tech says that the group’s latest manufacturing sites in Chuzhou and Penang are part of its long-term strategy to build a sustainable and profitable business model.

SINGAPORE (Mar 5): Quarz Capital Management activist fund has sent off a second open letter to the board of Sunningdale Tech, the Mainboard-listed high-precision plastic components maker, which was hit by another earnings miss.

SINGAPORE (Jan 17): With  potentially volatile stock prices on the horizon, the impact of activists and shareholder activism – now permanent features of global capital markets – will be felt more than ever in 2019, says JP Morgan.

SINGAPORE (May 8): A year ago, Jerry Low Chin Yee made himself known among REIT watchers as the disgruntled unitholder who successfully organised and led a campaign to boot out the underperforming manager of Sabana REIT.