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WHO says minority shareholders are a helpless lot? How can that be true when a person with a minuscule number of shares in a listed company became the only one to nominate the new external auditors for the company? And he didn’t even have to explain why he did so.
HAS the war against insider trading escalated to a new level? The enforcement numbers over the last five years (see table) suggest that the Securities Commission is hardening its approach to dealing with those who profit illegally by using privileged information.
THE Malaysian unit trust industry quietly recorded a milestone at the start of the year when the total net asset value (NAV) of its funds climbed above the RM300bil mark in January. That figure matters because it shows just how fast the industry has been growing in recent years.