An intensifying shareholder dispute at China Vanke has shaken investor confidence in the property developer, cut its access to bank lending and upended projects during the first half of the year, the group said.
After four years of consultations and contentious negotiations among its shareholder countries, the bank's governing board yesterday unanimously approved an update of the so-called "safeguards" in place since the 1980s.
Regardless of whether regulators act on Vanke's allegations, the fall in its share price could force Baoneng — which owns 25 per cent of Vanke and is the developer's largest shareholder — to dump some of its holding in order to repay the debt that it used to acquire it.
Not having to seek shareholder approval removed one hurdle for a deal that, like all Chinese transactions, also needed regulatory approval.
" SoftBank is a major shareholder in Alibaba and will hold a 60 per cent share of the new company.
Now, the company has proposed a three-to-one stock split in its quarterly results, which would give each Facebook shareholder two additional, non-voting shares for each single share they already hold.
If you are a shareholder in an energy business you might like to ask your company's view of the issue.
The deal has been closely watched by overseas investors as a test case for Japan's openness to foreign businesses and promises to enhance shareholder returns.
QQ Tech, a news portal owned by shareholder Tencent, posted a series of PowerPoint slides on Tuesday that were said to be from the company's roadshow.
Baidu, which is the majority shareholder of Qunar, exchanged 178,702,519 Class A shares and 11,450,000 Class B shares for 11,488,381 newly issued ordinary shares in Ctrip.
As a result, Alibaba will become Suning's second largest shareholder, with a 19.
3bn Chinese yuan in Suning, making it the second largest shareholder with almost 20%.
Another massive study and review of research on executive compensation published by the National Bureau of Economic Research reported that most schemes designed to align managerial and shareholder interests failed to do so.
Delegates told Reuters in May that China was likely to hold a 25-30% stake, with India the second-biggest shareholder with a possible 10-15% stake.
For all the emphasis on the company's share price, Alibaba's leaders are unlikely to act like most executives, who may view their primary job as maximizing shareholder value.
Nasdaq blamed the error on a division of its business called Shareholder.
AFL-CIO, America's biggest trade union federation which manages $94bn in assets, will begin a campaign against the practice at Citigroup's annual shareholder meeting on Tuesday.
Hui, now its chairman and majority shareholder, who also goes by Xu Jiayin.
The last annual shareholder filing from Town Sports International, the parent company of New York Sports Clubs, showed the company had 497,000 members making 29.
Liu, JD's biggest shareholder, is finding a warm reception.
