Brokers in Malaysia lament law on debt restructuring

Article Abstract:

Reactions on the new debt restructuring law from Malaysian financial firms have been mixed as some believe the regulations may stimulate activity in the stock market. MBF Holdings and Time Engineering, a unit of Renong infrastructure, have both sought protection from creditors and has caused investors to dispose of their shares of the indebted companies. Critics fear the new regulations may make it too easy for troubled firms to receive protection despite little or no chance for recovery and cause the market to wane further.

Public Finance Activities, Fiscal Policy, Finance, Economic policy, Malaysia, MBF Holdings Bhd., Hicom Holdings Bhd

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Lippo, seeking to appease shareholders, alters plan

Article Abstract:

Indonesia's Lippo Group has revised its controversial restructuring plan because of protests from angry shareholders. Under the revised plan, the Riady family will no longer receive a management fee of 10% of Lippo Bank's pretax profit. Another key revision is a 3% cut in the price Lippo Securities and Lippo Life will pay for their stake in Lippo Life and Lippo Bank, respectively.

Management, Indonesia, Lippo Group

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Executives get investors to follow the leader

Article Abstract:

In Asia the list of executives is growing, including John Olds of DBS Group, whose actions have an impact on shareholder activity.

Labor force information, Singapore, Asia, Statistical Data Included, Business, Officials and employees, Financial services industry, Financial services, Behavior, Beliefs, opinions and attitudes, Executives, Illustration, Investors, DBS Group Holdings

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