Board
CDL answers shareholders’ concerns on NAV-share price gap, board cohesion
[SINGAPORE] City Developments Ltd (CDL), which was recently embroiled in a family power struggle, has responded to questions from shareholders spanning from its share price decline to its replies...
CDL answers shareholders’ concerns on NAV-share price gap, board cohesion, Sherman Kwek’s strategy
[SINGAPORE] City Developments Ltd (CDL), which was recently embroiled in a family power struggle, has responded to a wide range of questions from shareholders spanning its share price decline...
‘Fallacy’ to say OCBC does not know insurance business: board chairman
[SINGAPORE] It will be a fallacy to say that OCBC does not know the insurance business, given that its insurance arm, Great Eastern Holdings (GEH), has been associated with...
OCBC Centre is ‘anchor’ for the bank; no plans to sell heritage site: board chairman
[SINGAPORE] OCBC has no plans to sell its properties in Singapore’s central business district – and this includes the OCBC Centre, which has heritage value for the lender, said...
Coalition urges California attorney general to halt OpenAI’s for-profit restructuring
SAN FRANCISCO — A coalition of California nonprofits, foundations and labor groups are raising concerns about ChatGPT maker OpenAI, urging the state attorney general to halt the artificial intelligence startup’s...
23andMe shares tumble after bankruptcy filing and California attorney general’s privacy warning
South San Francisco-based genetic testing venture 23andMe saw its shares plunge more than 50% Monday after the company announced it had filed for Chapter 11 bankruptcy protection. The company...
Who is Catherine Wu, the adviser highlighted in the CDL board tussle?
CDL group chief executive Sherman Kwek says the “primary reason” for the ongoing dispute at the property behemoth relates to “a very serious issue of corporate governance” involving Dr...