Posts by Mark Darwin
China’s central bank, regulators hold symposium on support for private companies
CHINA’S central bank and financial regulators held a symposium with private enterprises and financial institutions, vowing to increase lending to private enterprises and expand their fundraising channels, the People’s Bank of China (PBOC) said on Sunday (Mar 2). The meeting was held on Friday to study Chinese President Xi Jinping’s speech at a symposium last…
Read MoreCDL bypass of nominating committee may seem ‘unusual’ but current rules open to interpretation: observers
Court can determine if directors’ appointments are in accordance with company’s constitution THE appointment process for two of City Developments Ltd’s (CDL) directors as well as the dismantling of the company’s nominating committee (NC) are “unusual” and against the spirit of corporate governance rules, said industry observers. They were referring to the board tussle between…
Read MoreDynasty: Who’s who in the Kwek family tree behind CDL, Hong Leong
AS THE boardroom tussle at CDL hots up, pitting executive chairman Kwek Leng Beng against his son and CEO Sherman Kwek and other board members, The Business Times takes a look at how family ties and business interests are inextricably linked. At the first generation level, there is Kwek Hong Png who established the Hong…
Read MoreMars readying over US$25 billion bond sale for next week: sources
FAMILY-OWNED candy giant Mars is preparing to sell bonds worth between US$25 billion and US$30 billion as soon as next week to help finance its takeover of Pringles maker Kellanova, according to people familiar with the matter, in a deal that would headline a US$40 billion rush of acquisition financing bonds. Banks led by Citigroup and JPMorgan…
Read MoreThe Secret to Keeping Event Attendees Engaged
Have you seen an uninspiring, unforgettable, or boring event? Most likely, the planners concentrated on logistics rather than on engagement. But here’s the thing: An event is only as successful as its audience’s experience. If the attendees aren’t engaged, they won’t engage with the content, they won’t network, and they will walk away with a lacklustre experience. Event…
Read More‘Stripping away any meaningful authority’ of CDL’s chairman is a ‘coup’: Kwek Leng Beng
CITY Developments Ltd executive chairman Kwek Leng Beng has alleged that his son’s denial of an attempted coup “misses the point”, in yet another twist to the father-son/board tussle rocking the company. “Protecting good governance, including the office of the executive chairman, and not me as an individual, is critical. Stripping away any meaningful authority…
Read MoreCDL chief Sherman Kwek’s denial of coup attempt ‘misses the point’: Kwek Leng Beng
CITY Developments Ltd (CDL) chairman Kwek Leng Beng has alleged that his son’s denial of an attempt to oust him “misses the point”, in yet another twist to the father-son tussle rocking the company. “Protecting good governance, including the office of the executive chairman, and not me as an individual, is critical. Stripping away any…
Read MoreLogo Protection: Stop Others From Stealing Your Brand
Alright, so you’ve got this awesome logo for your brand, right? It’s like your brand’s face, and you definitely don’t want anyone else using it as theirs. But here’s the thing: logos can be sneaky to protect if you don’t know what you’re doing. This article’s all about making sure your logo stays yours. We’ll…
Read MoreSGX sees ‘robust’ IPO pipeline as Singapore explores ‘sweet spot’ to draw listings
The Republic could also attract regional firms seeking access to international markets, says SGX’s head of global sales and origination SINGAPORE will need to find its “sweet spot” as it seeks to attract listings from companies in the region, said Singapore Exchange’s (SGX) head of global sales and origination, Pol de Win. Competition from other…
Read MoreAirAsia owner Capital A expects return to profit this year after 2024 loss
MALAYSIA’S Capital A Berhad, owner of budget airline AirAsia, swung to an annual loss in 2024 due mainly to foreign exchange fluctuations, it reported on Friday (Feb 28), but said it expects to return to profit this year. Capital A made an attributable loss of RM475.1 million (US$143.6 million) for 2024, from a profit of…
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