Porsche poses governance dilemma for investors weighing IPO


Market concerns: An employee works in the workshop of a Porsche SE dealership in Dortmund, Germany. While the luxury car brand scores well with investors on environmental issues, some are concerned over its governance. — Bloomberg

PORSCHE’S leadership set-up and the limited influence for stock market investors after its initial public offering (IPO) are prompting some fund managers – particularly those focused on governance issues – to think twice about whether to invest in the listing.

Volkswagen has said it will list its Porsche AG sports car brand this month or early next.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Volkswagen , Porsche AG , sports car

   

Next In Business News

Wall St set to open lower as Meta Platforms, economic data weigh
Al-’Aqar REIT aims to acquire yield-accretive properties from KPJ Healthcare
Samenta wants micro enterprises to be exempted from e-invoicing
Pantech seeks Main Market listing for subsidiaries via SPV
Inta Bina secures RM224.80mil contract for serviced apartment project
UMediC transfers to Main Market
Ringgit closes marginally higher against US dollar
AirAsia X mulls flying to Eastern Europe, London and Orlando
MKHOP posts RM16mil net profit in 2Q24
Gobind: Appointment of new DNB board members marks major milestone in 5G network restructuring

Others Also Read