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  • November 27, 2014
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Results 1 - 10 of 25 for sovereign wealth fund

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  1. 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 ...

  2. 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 ...

  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. 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, ...

  5. 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 ...

  6. Letters

    Posted Mar 03rd 2011, 12:00am by Staff Reporter

    ... Budget has failed to address wealth gap I agree with the headline in your editorial on the budget speech ('Missed opportunity to plan for the future', February 24). This budget ... due to crisis. The wealth gap has not been addressed. And the continual reliance on the land purchasing power of a handful of property tycoons to generate the government's revenue ...

  7. 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 ...

  8. More officials trying to get away with murder

    Posted Jun 28th 2010, 12:00am by Wang Xiangwei

    ... of officials in the bureau, bids for public works and appropriation of funds- three areas in which corrupt officials can make dirty money by soliciting bribes from lower-ranking officials who seek promotions or by rigging the bidding process or misappropriating funds for personal gain. The development that sealed Li's death was his refusal to allow Bai to head a road construction project ...

  9. Two top Macau graft-busters quit

    Posted Jan 06th 2011, 12:00am by Niall Fraser

    ... money-laundering, power abuse and other charges. At the time of his jailing, Mr Justice Sam Hou-fai described the amount of public funds he pocketed in bribes as huge and his crimes as shocking. In June ... of money-laundering, having unjustified wealth and making an inexact asset declaration. She is also known as Camila Chan. Members of Ao's family were also jailed in connection with his bribery racket ...

  10. Retiree, 92, takes banks to court after loss of US$18m

    Posted Sep 26th 2009, 12:00am by Staff Reporter

    ... Bank. In the 1990s, Chan began to manage Chang's personal funds, including US$15 million generated from the sale of his factory and land in Taiwan. Chan moved to Hong Kong in about 2003 and became senior manager of the bank's wealth management department. From 2003 to 2004, Chang's funds were moved back to Hong Kong and Chan helped him to trade in equities. The writ says ...




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