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Corporate News 01 Mar 2017 | 11:57 PM

Snap Inc's denial of shareholders voting rights to face SEC scrutiny

BOSTON: An investor committee that advises the U.S. Securities and Exchange Commission will next week review if Snap Inc's decision to deny shareholders voting rights might also reduce the social media company's public disclosures on executive pay and other governance matters, the head of that committee told Reuters on Wednesday.

Business 20 Oct 2009 | 12:00 AM

Better voting process necessary in shareholders’ meetings

KUALA LUMPUR: Improving the voting process at shareholders' meetings will help lift corporate governance standards in the country and boost local stocks' appeal to foreign investors, experts say.

Business 28 Oct 2011 | 12:00 AM

MBM Resources launches takeover offer for voting shares in Hirotako

KUALA LUMPUR: MBM Resources Bhd has launched a conditional takeover offer for all the voting shares in airbag manufacturer Hirotako Holdings Bhd at a price of 97 sen each.

Business 27 Jan 2007 | 12:00 AM

Raising voting rights cap

Malaysia is considering raising the limit on voting rights for foreign investors in state-controlled companies after Tenaga Nasional Bhd (TNB), the nation's largest company, approached the threshold.

Business 05 Apr 2019 | 3:18 AM

Jeff Bezos keeps Amazon voting power in divorce settlement

BENGALURU: Amazon.com Inc Chief Executive Officer Jeff Bezos will retain voting control of his entire $143 billion stake in the company under a divorce settlement with his wife, MacKenzie Bezos, who will own 25 percent of those shares, the couple said on Thursday, removing uncertainty over control of the online retailer.

Corporate News 19 Jan 2017 | 7:05 AM

HKEX proposes new board to list companies with different voting rights

HONG KONG: The Hong Kong stock exchange is proposing to launch a new listing venue that would allow companies with different voting rights to go public in the city, in a bid to remain a global listings powerhouse.

Business 04 Aug 2010 | 12:00 AM

AASB receives 90% voting shares of M3nergy for proposed takeover

PETALING JAYA: Adamus Avenue Sdn Bhd (AASB) had received 90% of the voting shares of M3nergy Bhd on its attempt to take over M3nergy for a cash consideration of RM1.85 per share.

Business 15 Sep 2011 | 12:00 AM

MU to limit voting shares

LONDON: Manchester United is planning to raise up to two-thirds of a planned US$1bil initial public offering in Singapore through non-voting preferences shares, the i>Financial Times /i>reported yesterday.

Business 31 Jul 2010 | 12:00 AM

Adamus has 87% voting shares of M3nergy

PETALING JAYA: Adamus Avenue Sdn Bhd, which is seeing resistance from M3nergy's board in its takeover attempt of the company, told Bursa Malaysia that it has received valid acceptances resulting in it holding 87.01% of the voting shares of M3nergy.

Business 27 Nov 2009 | 12:00 AM

Media Prima gains over 51% NSTP voting shares

PETALING JAYA: Media Prima Bhd's voting shares in New Straits Times Press (Malaysia) Bhd (NSTP) have exceeded 51%, it said in a statement yesterday.