On January 13, the British-born corporate governance activist David Webb, who had made Hong Kong his home for the past 35 years, died. Like many who have come from near and far after finding success, he did much to contribute to our society and its fabric. Many of our city’s landmarks bear the philanthropic imprint…
Hong Kong activist investor David Webb, who has died aged 60, has been remembered for his integrity, courage and rigour as a “true pioneer” of the city’s corporate governance. Tributes have poured in online for Webb, who died in Hong Kong on Tuesday of metastatic prostate cancer. He revealed his diagnosis in 2020, saying at…
W&H Law Firm opens a Foshan office, marking its 56th branch worldwide, which aims to further integrate the firm into the development of the Greater Bay Area. The Foshan office is led by founding partner Meng Lifeng, who has 27 years of experience in real estate and construction, corporate governance and criminal defence. The new…
For Tesla’s board and many investors, CEO Elon Musk and Tesla’s success are closely linked. Now that a vote on a record-setting pay package for Musk is settled, the bulls are crowing and the naysayers are alarmed. On Thursday, 75% of Tesla shareholders voted to approve Musk’s proposed $1 trillion CEO pay package, contingent on…
By Chris Kirkham LOS ANGELES (Reuters) –Tesla‘s board of directors has pushed in all its chips on Elon Musk. Now investors must decide whether to back the biggest bet in company history. Shareholders will vote Thursday on the stark choice presented by the board: pay Musk up to $878 billion in company stock or take…
SINGAPORE, Oct. 28, 2025 /PRNewswire/ — China Yuchai International Limited (NYSE: CYD) (“China Yuchai” or the “Company”) announced today that Mr. Wu Qiwei has resigned as a Director of the Company with effect from October 27, 2025. Mr. Wu has also resigned as a Director of the Company’s main operating subsidiary, Guangxi Yuchai Machinery Company…
Tesla Inc. shareholders are being urged by proxy adviser Institutional Shareholder Services to vote against Chief Executive Officer Elon Musk’s $1 trillion compensation plan, adding a potential obstacle as the board works to rally investor support. This marks the second year in a row that ISS urged shareholders to vote against a pay package for…
The all-or-nothing moonshot pay plan was a gambit so risky even Axon Enterprise CEO Rick Smith’s wife was against it. But Smith had started getting antsy around 2016, as he was approaching three decades at the company, Axon compensation committee chair Hadi Partovi told Fortune. Smith was talking more seriously to the board about his…
Despite years of troubled performance and failed strategies, the great icon of the semiconductor industry, Intel, has two new major shareholders that can give it new hope for recovery: the United States government, with a bit less than a 10% stake, and the most important design firm in the world, Nvidia, with about 5% ownership. …
David Webb, a Hong Kong corporate governance activist who is battling terminal cancer, issued an open letter criticising Hong Kong fashion retailer Bauhaus International Holdings’ decision to buy a residential property instead of making a dividend payout. Webb holds more than 8 per cent of the company’s shares and is the second-largest shareholder after the…