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Blackrock, Legal & General among firms to speak out
THE Yii siblings of construction, marine and civil engineering company Hock Seng Lee Bhd (HSL) is another family to be ensnared in a feud, as shareholder Yii Chee Ming looks to remove four directors from the board, one of which is his brother, managing director Datuk Paul Yu Chee Hoe.
PARIS: After seven decades in the fashion industry, Pierre Cardin will have you know that he’s in no rush to get out.
KUALA LUMPUR: The court battle continues between Kamdar Group (M) Bhd (KGMB) -- helmed by chairman and managing director Kamal Kumar Kishorchandra Kamdar -- and Kamal Kumar’s cousin and the company’s biggest shareholder Bipinchandra Balvantrai.
THE HAGUE: Investor discontent with Royal Dutch Shell over multi-million euro pay packages for its top executives rose sharply at this year’s annual shareholder meeting on Tuesday.