The latest corporate governance scorecard assessing listed companies in Hong Kong shows that improvement is needed and directors ought to stay up to speed with the latest corporate governance developments, according to the Hong Kong Institute of Directors. The 2016 survey of 120 companies published this week found that when compared to the 121 firms assessed […]
Read MoreThe Hong Kong Court of Appeal has rejected a request from Richard Li and PCCW to appeal a ruling that blocked the phone company’s HK$15.93 billion privatization. Justice Anthony Rogers ordered Pacific Century Regional Developments, Li’s Singapore-listed holding company, to pay the legal costs of Hong Kong’s market regulator and two minority shareholders represented in […]
Read MoreHong Kong is not generally noted for its progressive corporate governance regime. Critics have argued that its weak regulatory system has long favoured powerful tycoons. However, in a rare and dramatic turn of events, Hong Kong’s Securities and Futures Commission (SFC) has won its fight at the Court of Appeal to block PCCW chairman Richard […]
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