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Showing 371 - 380 of 417 results for "shareholders"

Investor Profile: Five Oceans Asset Management

RACHEL ALEMBAKIS  |  FRIDAY, 15 JUN 2012  |  NEWS
... weighted? RY: I'd say that the starting point is very much governance when it comes to Asia. You've got a lot of major shareholders that are family groups or vested interests. Governance is a big starting point for us. Traditionally, over time, we've ...

Australian Ethical Investments faces EGM board spill

RACHEL ALEMBAKIS  |  FRIDAY, 1 JUN 2012  |  NEWS
A group of dissatisfied shareholders are seeking to spill the entire board of fund manager Australian Ethical Investments at an extraordinary general meeting called for 21 June. The group of shareholders, which include Timothy Xirakis, former head of ...

Fund management bodies oppose ASX share placements proposal

RACHEL ALEMBAKIS  |  WEDNESDAY, 23 MAY 2012  |  NEWS
... can also raise more than that 15% by seeking shareholder approval at an annual general meeting or an EGM. "Existing shareholders shouldn't be disadvantaged by placements," said Ann Byrne, CEO of ACSI. "What they're proposing doesn't enshrine that principle." ...

Perpetual to extend ESG dashboard to fixed income space

RACHEL ALEMBAKIS  |  FRIDAY, 18 MAY 2012  |  NEWS
... (BKW) and BKW owns 42.9% of SOL); use of the cross ownership and shared directors to; entrench control of minority shareholders, the Millner; family, over both companies; lack of an independent audit committee for SOL; lack of appropriate management ...

AMP trials smartphone voting for annual general meeting

RACHEL ALEMBAKIS  |  FRIDAY, 18 MAY 2012  |  NEWS
More than 500 AMP shareholders used a smartphone to lodge their proxy votes for the company's May annual general meeting, via technology developed by their registrar, Computershare. AMP reported that more than 7,000 AMP shareholders lodged their proxy ...

International human rights law impacts Australian companies

RACHEL ALEMBAKIS  |  FRIDAY, 13 APR 2012  |  NEWS
... rights impacts. There is also increasing pressure from stakeholders, including non-governmental organisations and shareholders, to engage with corporations on their human rights exposures and how they manage them. "There's hard law, soft law and further ...

ASA opposes Santos CEO $2m share grant

RACHEL ALEMBAKIS  |  FRIDAY, 13 APR 2012  |  NEWS
The Australian Shareholders' Association (ASA) has struck out at a proposal from Santos to grant AU$2m grant of performance shares to CEO David Knox, in addition to his normal base salary plus short and long term incentives. The company put the issue ...

CSA warns on timing of undirected proxy vote legislation

RACHEL ALEMBAKIS  |  WEDNESDAY, 11 APR 2012  |  NEWS
... existing law." CSA says that if the amendment doesn't pass in time to take effect during the 2012 AGM season, retail shareholders could lose the right to vote on executive remuneration resolutions and there is the risk of triggering a negative vote against ...

Fund manager: remuneration reports filled with "mumbo jumbo"

RACHEL ALEMBAKIS  |  WEDNESDAY, 4 APR 2012  |  NEWS
... In a report released in March 2012, the commission said that directors must provide "sufficient detail" such that shareholders can assess if the arrangements are appropriate for the company's circumstance. Morgan also called upon fund managers, superannuation ...

Proxy voting error results in Emeco AGM double-count

RACHEL ALEMBAKIS  |  FRIDAY, 9 MAR 2012  |  NEWS
... meeting (AGM) in December, an institutional custodial shareholder double counted the proxy votes of two beneficial shareholders resulting in an excess of votes cast. That error resulted in an apparent "against" vote of 26.40% on the advisory vote on ...