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  • September 21, 2014
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Results 1 - 10 of 358 for sovereign wealth fund

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  1. Investor fails in latest bid to unseat SK chief

    Posted Mar 12th 2005, 12:00am by Andrew Salmon

    ... of Sovereign Asset Management- the private equity fund leading the campaign to oust Mr Chey- called the vote a 'missed opportunity'. 'The mere fact that shareholders are so accepting ... in a statement. With the vote over and Sovereign rebuffed yet again, SK- whose shares fell 1.3 per cent yesterday- is now exposed to a possible divestment by the Dubai-based fund. However, SK ...

  2. Lai See

    Posted Aug 07th 2010, 12:00am by Staff Reporter

    ... sovereign wealth fund, the US$200 billion China Investment Corporation, is not interested in buying Liverpool Football Club- contrary to much speculation in the British press. The Financial Times quoted a person who has worked closely with CIC as saying there is 'no way' the Chinese fund would get involved in such a high-profile, symbolic and potentially risky deal as a takeover ...

  3. Foreign investors press bid to oust head of SK Corp

    Posted Oct 26th 2004, 12:00am by Jane Moir

    ... Jane Moir Investment fund wants top Korean firm to ban convicted criminals from board Foreign investors in SK Corp, a unit of one of South Korea's largest conglomerates, are demanding a shareholders meeting that could oust chairman and convicted criminal Chey Tae-won from the board. It is the second attempt by the Monaco-based Sovereign Asset Management to topple the executive, after ...

  4. No straight line from wealth to freedom

    Posted Feb 12th 2010, 12:00am by Verna Yu

    ... Verna Yu The trial of high-profile dissident Liu Xiaobo and the rejection of his appeal yesterday have added to doubts about a view long held in the West that as China's economy develops, its human rights situation will improve and democracy will ine ...

  5. Corruption trial hears of vast wealth, bribe claims

    Posted Feb 06th 2010, 12:00am by Staff Reporter

    ... Staff Reporter As the high-profile trial of the most senior cadre snared in Chongqing's crackdown on gangsters continues, further details of the former justice chief's decadent lifestyle have been revealed in court. Former Chongqing Justice Bure ...

  6. Official's half-billion yuan stash just drop in bucket

    Posted Jun 14th 2010, 12:00am by Wang Xiangwei

    ... Pengjun was jailed for 20 years for a litany of crimes including tax evasion, illegal trading of explosives, misappropriation of public funds and embezzlement. In a textbook case of official ... in Hainan. To put this into context, Hao's holdings represented about one-third of Puxian's revenues for last year. In fact, the true value of Hao's wealth should be much higher, ...

  7. Letters

    Posted Nov 16th 2010, 12:00am by Staff Reporter

    ... Community Care Fund is a flawed concept I refer to James Chen's article ('Passive charity a poor choice for business', November 1), and offer further observations which ... Cross-sector engagement is all about breaking silos across key social groups and harnessing their resources to drive mutual goals of social and economic development. While the Community Care Fund ...

  8. Desire for greatness led to downfall, writes jailed pension funds chief

    Posted Feb 25th 2009, 12:00am by Will Clem

    ... pension fund, told how the desire for personal stature had seduced him when he entered his 50s, a desire that was driven by his failure to reach the upper echelon of the party ranks. 'I ... and capable thinking,' Zhu wrote. This change in values set him on a road to crime that gradually led to him treating public pension funds as capital for his own private enterprises - something ...

  9. Chen clan jailed for their roles in fund fraud

    Posted Sep 02nd 2009, 12:00am by Lawrence Chung

    ... to a special government fund for secretive operations. 'Wu Shu-chen was found guilty of perjury for instigating [the other three] to make false statements about the claims,' Judge Huang ... and son-in-law were given one-year sentences, cut to six months because they confessed. All four had pleaded guilty to perjury and admitted they had made false statements accounting for the state funds ...

  10. Top 10 famous tax cheats, continued

    Posted Nov 15th 2009, 12:00am by Staff Reporter

    ... Howard Bilton Chairman of The Sovereign Group In my last column, I mentioned how governments are becoming desperate to collect taxes and are imposing severe sentences on those who evade ... was working at the International Monetary Fund. After he was selected to head the Treasury last year, it was discovered he owed a further US$25,970 for 2001 and 2002. No explanation of how these debts ...




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