Caely Holdings Berhad announces resignations of two board members

KUALA LUMPUR, Apr 25, 2022 – (ACN Newswire via – Caely Holdings BHD, a leading domestic producer of women’s intimate apparel, announced that Independent Non-Executive Chairman, Datuk Seri Mazlan Lazim, and En. Azri Azerai, an Independent Non-Executive Director of the Group, has resigned effective 25 April 2022 from the board of directors. Azri Azerai […]

Wintermar Shareholders Approve New Share Issuance for Future Growth

JAKARTA, Aug 19, 2021 – (ACN Newswire via – PT Wintermar Offshore Marine Tbk (WINS:JK) held its Annual General Meeting of Shareholders (“AGM”) on 19th August 2021, attended by a quorum of more than 84% of shareholders. This was the first time the Company conducted a hybrid AGM, utilizing the new eASY.KSEI platform for […]

Independent directors: How can they create value?

THE Management Association of the Philippine sponsored a webinar on “Governance Champions: How Can Independent Directors Create Value?” It was my privilege to be a panelist together with Fred Pascual, lead independent director of SM Investments Corp., Atty. Nenet Lavares, independent director of Metrobank, and IFC’s Roman Zyla, ably moderated by ICD Trustee JJ Moreno. […]

PSE may host cryptocurrency trading

The Philippine Stock Exchange, Inc. (PSE) wants to host the trading of cryptocurrencies to protect investors.  “We’re waiting for the rules from the Securities and Exchange Commission (SEC) on how crypto or digital asset trading will be governed,” PSE President Ramon S. Monzon told an online news briefing on Friday. “It’s an asset class that we cannot ignore anymore.”  “If there’s going to be any structured trading of crypto in the Philippines, that should be with us so we can engage in investor education and protection,” he said.  Cryptocurrency trading is the act of speculating on cryptocurrency price movements through a contract for difference trading account, or by buying and selling the underlying coins via an exchange.  The central bank in January asked service providers of virtual currencies and assets to conduct background checks on customers and improve consumer protection. There are 17 virtual currency exchange services authorized by the central bank.  “It may benefit local traders by granting easier access to a wider range of assets, thus providing avenues for more ways to diversify their portfolio,” Darren Blaine T. Pangan, a trader for Timson Securities, Inc. said in a Viber message.  Meanwhile, the PSE said it would continue to promote policies […]