Tag: Shareholder Voting
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HSBC and Hang Seng Bank Privatisation Scheme: Key Details and Next Steps
Overview of the Privatisation Scheme The joint announcement by HSBC Holdings plc and Hang Seng Bank on 9 October 2025 marks a pivotal moment in the banking sector. The parties disclosed the dispatch of a Scheme Document outlining the proposed privatisation of Hang Seng Bank. This development invites Hang Seng Bank shareholders and other stakeholders…
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Norway’s Oil Fund to Vote Against Elon Musk’s $1 Trillion Tesla Pay Deal: A Governance Alarm Bell
Norway’s Oil Fund Signals a New Push on Executive Pay Norway’s sovereign wealth fund, the world’s largest, has announced it will vote against Tesla chief executive Elon Musk’s reported $1 trillion pay package. The move highlights growing scrutiny from major investors over executive compensation, corporate governance, and long-term value creation. With a stake of about…