(In conjunction with the Chinese New Year celebration, The Observer will take a one-week break. Publication will resume as usual on 7 February. MSWG wishes all subscribers’ and readers another year of prosperity and abundance return.)
Major Shareholder’s Abstention after Voicing Support for Resolutions
Virtues of transparent investing
While it is sensible for listed entities to invest outside its core businesses – or in an unfamiliar industry – the venture must make valid investment sense. Preferably, the business must be profitable – if not, have every potential to generate healthy returns – and most of all, it must be transparent to all shareholders.