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Thursday, October 17, 2019

Tag: board

Facebook’s Libra announces board as support shrinks further

Policy head acknowledges digital currency's regulatory issues could push back its launch date.

Former Google CEO Schmidt leaving Alphabet board

Schmidt is under fire for signing off on bonus payment to former executives who were sacked despite knowledge of sexual harassment charges against them.

Creative industries board proposed for Sabah

Assistant minister says this will help the 'fragmented' arts and creative industries to move ahead and prosper.

80% of large companies conducting board evaluations, says KPMG report

An effective board evaluation is a catalyst for driving positive changes, it says in report using input from 581 listed companies.

Twitter co-founder Evan Williams leaving board

Williams will depart the Twitter board at the end of this month, according to a filing with the US Securities and Exchange Commission on Friday.

Shutdown makes it harder for boards to quash shareholder votes

The SEC hasn’t posted any responses to the requests since Dec. 19.

PNB announces new board line-up

They succeed three retiring members — Ali Hamsa, Wan Abdul Aziz Wan Abdullah and Zarinah Anwar.

Report: Goldman Sachs didn’t get IPIC board’s nod for RM7 bil...

This is against the norm as board resolutions are a prerequisite for corporate entities before they undertake any material transaction that introduces risk.

Tommy on Dewan Bahasa dan Pustaka board because he is AG,...

Some social media users had questioned the AG's appointment to Dewan Bahasa dan Pustaka's board due to his lack of proficiency in Bahasa Malaysia.

All-male boards at top UK firms come closer to extinction

Just five companies in the FTSE 350 Index have no women at the top table, down from eight in 2017.

Kaká back in Italy to discuss AC Milan role

Kaká, who spent seven years playing for AC Milan, has returned amid speculation that he is interested in a backroom role there.

Tesla board torn between service to shareholders and CEO

The references to Ambien use and driving while tweeting are fueling calls for Tesla’s board to step up its oversight of the company’s CEO and largest shareholder.

Facebook’s David Marcus resigns from Coinbase board in blockchain push

Marcus quit on Friday, citing a new group he oversees at Facebook that’s exploring potential blockchain uses.

Analysts upbeat over Ahmad Nizam’s appointment as Petronas chairman

They say Ahmad Nizam has the experience to get the job done.

Mahathir to chair Khazanah board

Four others, including Economic Affairs Minister Mohamed Azmin Ali, are named as directors.

Ex-1MDB boss Lodin says no comment on Najib’s criticism

Lodin Wok Kamaruddin says he is just a 'small fry' and does not wish to become involved in Najib Razak's claim that 1MDB board members hid the alleged embezzlement of funds from him.

Activist Icahn gains control of board in proxy fight at SandRidge...

Carl Icahn eventually intends to sell shale producer SandRidge Energy.

Mellanox, Starboard settle on new board members

Greg Waters, Jack Olson, and Jon Lazar will replace Dov Baharav, Shai Cohen, and Tom Riordan, who are stepping down.

Amazon adopts new policy to promote board diversity

Amazon.com Inc on Monday said it is adopting a new policy to promote diversity in its board director, saying that women and minorities are to be among the company's board nominees.

Tesla’s board against proposal to require independent chairman

Elon Musk, chief executive of Tesla, is also the chairman of its board and owns a 20 percent stake in the company.

Qualcomm requests national security review of Broadcom bid

CFIUS issued an order to Qualcomm for the shareholder meeting to be delayed for 30 days to allow time to fully investigate the proposed acquisition by Broadcom, according to a US Treasury Department.

Federal Court declines UM leave to appeal against 5 students

Judge says there is no iota of evidence that the rules were complied with in taking disciplinary action against students.

Tax evaders may be put in credit blacklist

The IRB is working on a proposal to use the Central Credit Reference Information System (CCRIS) to list its habitual tax evaders.

Malaysia’s GDP expected to grow 5% in 2018: Report

Global business research house attributes Malaysia’s economic slowdown to decline in oil and other commodity prices, which are unlikely to rise above their current levels next year.