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E-voting at Shareholder Meetings Forecast to Hit Record High

E-voting at Shareholder Meetings Forecast to Hit Record High

SEOUL, March 21 (Korea Bizwire) — As minority shareholders are actively engaged in shareholder activities, the number of listed companies introducing electronic voting systems for shareholder meetings is forecast to reach an all-time high this year. At present, a total of two organizations — the Korea Securities Depository and Samsung Securities Co. — provide listed [...]

Restructuring Steel Companies Pledge Higher Dividends to Ease Shareholder Concerns

Restructuring Steel Companies Pledge Higher Dividends to Ease Shareholder Concerns

SEOUL, Jan. 24 (Korea Bizwire) — South Korean steelmakers are looking into the feasibility of increasing dividends as a way to appease shareholder concern about their switch into a holding company system. Seah Besteel Corp., which announced that it would be converting into a holding company system last Friday, is reviewing the idea of increasing [...]

Philips Annual General Meeting of Shareholders Approves All Proposals

Philips Annual General Meeting of Shareholders Approves All Proposals

Amsterdam, the Netherlands, May 6 (Korea Bizwire) – Royal Philips (NYSE: PHG, AEX: PHIA) announced that today’s Annual General Meeting of Shareholders (2021 AGM) has re-appointed Mr. Marnix van Ginneken as member of the Board of Management and appointed Mrs. Chua Sock Koong and Mrs. Indra Nooyi as members of the Supervisory Board. The other proposals voted [...]

Philips to Convene Extraordinary General Meeting of Shareholders

Philips to Convene Extraordinary General Meeting of Shareholders

Amsterdam, the Netherlands, May 7 (Korea Bizwire) – Royal Philips (NYSE: PHG, AEX: PHIA) today announced that it will convene an Extraordinary General Meeting of Shareholders (EGM) and publish the agenda with explanatory note shortly. The sole purpose of the EGM is submit to Philips’ shareholders the revised proposal, as announced on April 20, 2020, to declare [...]

Philips Annual General Meeting of Shareholders Approves All Proposals

Philips Annual General Meeting of Shareholders Approves All Proposals

Amsterdam, the Netherlands, April 30 (Korea Bizwire) – Royal Philips (NYSE: PHG, AEX: PHIA) announced that today’s Annual General Meeting of Shareholders (2020 AGM) has approved the appointment of Feike Sijbesma and Peter Löscher and the re-appointment of Neelam Dhawan as members of the Supervisory Board. The other proposals voted on at the AGM were also adopted. [...]

Sundance Shareholders Approve Re-Domiciliation

Sundance Shareholders Approve Re-Domiciliation

DENVER, Nov. 8 (Korea Bizwire) — Sundance Energy Australia Limited (ASX: SEA) (NASDAQ: SNDE) (the “Company” or “Sundance”) is pleased to announce that Sundance shareholders today voted in favor of the scheme of arrangement in relation to the Company’s proposed re-domiciliation from Australia to the United States (the “Scheme”), under which a newly formed US [...]

Butte Energy Inc. Announces Results of Its Annual General and Special Meeting of Shareholders and Changes to Management

Butte Energy Inc. Announces Results of Its Annual General and Special Meeting of Shareholders and Changes to Management

CALGARY, Alberta, Aug. 11 (Korea Bizwire) — Butte Energy Inc. (“Butte” or the “Company”) is pleased to announce the results of its Annual General and Special Meeting of shareholders held on August 1, 2017 in Calgary (the “Meeting”). At the Meeting, shareholders holding 77.42% of the issued and outstanding common shares were present or represented [...]