Acrophyte Hospitality Trust undergoes strategic review, in talks for potential transaction involving stapled securities

Acrophyte Hospitality Trust undergoes strategic review, in talks for potential transaction involving stapled securities

[SINGAPORE] A strategic review is underway for Acrophyte Hospitality Trust, as a potential transaction involving its stapled securities is on the table but not guaranteed. On Friday (May 30), the managers said that they are currently evaluating a “range of strategic options” for the hospitality stapled group. This is in light of its potential capital…

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Jardine Matheson Holdings names Lincoln Pan as CEO-designate as group managing director John Witt retires

Jardine Matheson Holdings names Lincoln Pan as CEO-designate as group managing director John Witt retires

[SINGAPORE] Hong Kong-based conglomerate Jardine Matheson Holdings on Thursday (May 29) announced the appointment of Lincoln Pan as chief executive-designate, as group managing director John Witt will retire from the company end-November. Pan is a partner, co-head of private equity and member of the group executive committee at alternative investment business PAG. He will join…

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Why Steve Madden’s Candid Interview About Prison Is Going Viral

Why Steve Madden’s Candid Interview About Prison Is Going Viral

Steve Madden isn’t walking away from tough questions. The footwear designer struck a chord with the internet thanks to his blunt delivery during a recent interview, where he reflected on his epic highs and lows throughout his life—including a 2.5-year prison sentence on fraud and money laundering charges. “It was as awful as you can…

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