Tag: Corporate Governance
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Ex-deputy chairman acquitted after 15-year legal battle over five million shares
Long-running case ends with acquittal in landmark ruling A high-profile case that spanned more than a decade has culminated in the acquittal of a former deputy chairman, Ramesh, after Justice K. Muniandy allowed his appeal and overturned a conviction handed down seven years ago. The decision marks a dramatic shift in the proceedings that once…
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Marine company ex-deputy chairman acquitted after 15-year legal battle
Long-Running case ends in acquittal for former marine company leader A landmark legal decision has cleared a former deputy chairman of a prominent marine company after a lengthy 15-year battle in court. The acquittal marks a dramatic turn in what has been one of the most protracted financial and corporate litigation cases in the sector…
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Sapura Brothers Call Truce, End Sapura Holdings Winding Up Fight
Overview: A Settled Dispute Loosening the Winding-Up Grip The long-running dispute over the future of Sapura Holdings Sdn Bhd (SHSB) appears to be moving toward closure after a court-ordered wound-up process was halted following a truce among key family executives. The case, which pitted SHSB director Datuk Shahriman Shamsuddin against his brother, SHSB group chief…
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Sapura Brothers Call Truce, End Sapura Holdings Winding Up
Overview: A Family Accord Ends a High-Profile Winding-Up Case The long-running dispute within the Sapura family has taken a decisive turn. A court-backed truce between the Sapura brothers—Datuk Shahriman Shamsuddin and Tan Sri Shahril Shamsuddin—along with key players at Sapura Holdings Sdn Bhd (SHSB) has halted the looming wind-up proceedings that threatened the flagship group.…
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Warren Buffett successor’s first big move could be selling Kraft Heinz stock
What’s at stake for Berkshire Hathaway’s next CEO The business world is watching closely as Berkshire Hathaway faces a transition. Warren Buffett’s successor, who now leads as CEO, has a reputation for measured, long-term decisions rather than rash moves. Yet a report-evolving narrative suggests that this first big decision could center on Kraft Heinz, a…
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Buffett’s Successor Signals Move: Selling Kraft Heinz Stock
New Leadership, New Plans The leadership transition at Berkshire Hathaway appears to be entering a practical, portfolio-focused phase. Warren Buffett has long been the public face of Berkshire’s investment philosophy, but the company’s next chapter – led by his successor, who took the helm earlier this month – is already drawing attention for its potential…
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CDL Could Catch Up With Peers in a Property Rally Now
CDL eyes a return to form as market momentum builds City Developments Ltd (CDL) is positioning itself to catch up with its soaring peers after a period of intense scrutiny and strategic recalibration. A year after a controversial governance episode that saw two independent directors appointed amid market chatter, CDL is steering its portfolio toward…
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CDL May Catch Up With Soaring Peers After Turbulent Year
CDL’s turbulent year: a quick recap City Developments Limited (CDL), a stalwart in Singapore’s property landscape, faced a high-stakes governance drama early last year. The boardroom power struggle centered on the controversial appointment of two independent directors, a move that stirred investor confidence and sparked questions about the company’s governance and strategic direction. In the…
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Disney’s Next Act: Navigating a High-Stakes CEO Search After Iger
Introduction: A Critical Turn for Disney Walt Disney Co. is once again at a pivotal crossroads. After a high-profile leadership handoff that didn’t go as planned, the company faces pressure to appoint a CEO who can deliver steady growth, clear strategy, and renewed investor confidence. The task is daunting: replace a founder’s protege who helped…
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Inside Disney’s High-Stakes Search for a New CEO to Replace Bob Iger
Overview: The Pressure to Find a Durable Successor Disney is navigating another delicate leadership transition, this time with CEO Bob Iger preparing to pass the baton after a tenure that reshaped the company’s trajectory. The challenge is not just identifying a candidate who can steer a sprawling media empire but also managing investor expectations, creative…