Review of 2015 general meeting outcomes

By Theresa Bowden

OM’s annual review of meeting outcomes across the S&P/ASX 300 reviews increased signs of investor willingness to oppose board-endorsed directors with incumbent directors at three companies resigning immediately prior to the annual meeting presumably in the face of significant investor opposition. The number of ‘strikes’ on remuneration report resolutions also… Read More

Back to the dark ages with $2.5bn placement

By Theresa Bowden

ASX Corp Governance: ANZ lags NAB with a dinosaur $2.5bn insto placement rather than rights issue (NAB was $5.5bn rights). Placement/SPP aims to “quickly” raise capital, which is actually required by APRA before July 2016. Click here for the full article  … Read More