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TOKYO: A disputed meeting of Toshiba Corp shareholders last year was held properly and a subsequent independent report supported by activist investor Effissimo Capital Management was misleading, according to two former executives of the electronics conglomerate who were dropped from the board.
NEW YORK: It’s been a tough year for Alexandre Bompard. Attempts by the Carrefour SA boss to create a supermarket champion in France are proving elusive.
Singapore’s Esteel is buyer of interest held via Amsteel
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KUALA LUMPUR: IGB Bhd has sold its entire 50% equity interest and shareholder debt in a freehold title in London to a unit of global real estate group Hines for GBP104.375mil (RM600mil).
KUALA LUMPUR: IGB Bhd has sold its entire 50% equity interest and shareholder debt in a freehold title in London to a unit of global real estate group Hines for £104.37mil (RM600mil).
ALL eyes will be on the tabling of Budget 2022 next Friday, with stakeholders from the local property market hoping for incentives that can spur the segment further.
MILAN: Italy on Sunday ended talks with UniCredit over the sale of Monte dei Paschi di Siena (MPS) in a major setback to years-long efforts by the Rome government to return the ailing Tuscan bank to private hands.
SHANGHAI: China stocks closed lower on Tuesday, pulled down by property shares as sustained worries over a planned pilot real-estate tax scheme dented home-buyer sentiment and risk appetite.