Must Asset Management intensified its campaign against Refine, demanding board accountability and legal redress after blocking a controversial bond deal that could have cost shareholders over $1.5 million annually.
#YonhapInfomax #MustAssetManagement #Refine #ExchangeableBonds #ShareholderValue #LegalAction #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=83465
Must Asset Management Issues Second Open Letter to Refine—Demands Board Apology, Resignation, and Compensation for Losses
Must Asset Management intensified its campaign against Refine, demanding board accountability and legal redress after blocking a controversial bond deal that could have cost shareholders over $1.5 million annually.
Must Asset Management has called on Refin Co.'s majority shareholder RealtyFine to clarify its voting stance ahead of a key EGM, as the outcome hinges on its 48% stake, while also launching legal action over a controversial bond issuance.
#YonhapInfomax #MustAssetManagement #Refin #RealtyFine #ExchangeableBond #ShareholderMeeting #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=82938
Must Asset Management Says Refin's Shareholder Meeting Hinges on 48% Stakeholder—Calls for Clarity on Voting Intent
Must Asset Management has called on Refin Co.'s majority shareholder RealtyFine to clarify its voting stance ahead of a key EGM, as the outcome hinges on its 48% stake, while also launching legal action over a controversial bond issuance.
Must Asset Management has urged Refine to cut its equity capital by up to 80% to boost ROE, pressuring major PEF shareholders to adopt aggressive shareholder returns amid Korea Discount concerns.
#YonhapInfomax #Refine #MustAssetManagement #ROE #ShareholderReturns #KoreaDiscount #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=79742Refine Co. will hold an extraordinary shareholders’ meeting on September 24 to vote on a capital reserve reduction, following a proposal by Must Asset Management, which seeks to boost the company’s tax-exempt dividend capacity.
#YonhapInfomax #Refine #MustAssetManagement #ExtraordinaryShareholdersMeeting #CapitalReserveReduction #DividendPayouts #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=77206
Refine to Hold Extraordinary Shareholders’ Meeting on September 24 at Must Asset Management’s Request
Refine Co. will hold an extraordinary shareholders’ meeting on September 24 to vote on a capital reserve reduction, following a proposal by Must Asset Management, which seeks to boost the company’s tax-exempt dividend capacity.
Must Asset Management, holding a key stake in Refine, has denied greenmail allegations as the largest shareholder eyes a voluntary delisting, pledging not to seek a premium exit and signaling its strategy will focus on tender offers or dividends.
#YonhapInfomax #MustAssetManagement #Refine #Greenmail #VoluntaryDelisting #ShareholderStake #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=75334
Refine Faces 'Greenmail' Allegations—Must Asset Management Denies Any Such Intent
Must Asset Management, holding a key stake in Refine, denies greenmail allegations as voluntary delisting speculation intensifies; focus shifts to tender offer or dividends.
Must Asset Management has raised its stake in real estate due diligence firm Refine to nearly 10%, complicating plans for a voluntary delisting by the largest shareholder and intensifying shareholder activism amid governance controversy.
#YonhapInfomax #MustAssetManagement #Refine #ShareholderActivism #VoluntaryDelisting #StakeIncrease #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=74545
Must Asset Management Further Increases Stake in Refine—Approaching 10%
Must Asset Management has raised its stake in real estate due diligence firm Refine to nearly 10%, complicating plans for a voluntary delisting by the largest shareholder and intensifying shareholder activism amid governance controversy.
Must Asset Management has shifted its stake in Refine Co. to ‘general investment’, formalizing shareholder activism and intensifying pressure for improved dividends and governance amid ongoing controversy over Refine’s bond issuance to its largest shareholder.
#YonhapInfomax #MustAssetManagement #Refine #ShareholderActivism #GeneralInvestment #ExchangeableBonds #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=73642
Must Asset Management Changes Purpose of Refine Stake to ‘General Investment’—Signals Shareholder Activism
Must Asset Management has shifted its stake in Refine Co. to ‘general investment’, formalizing shareholder activism and intensifying pressure for improved dividends and governance amid ongoing controversy over Refine’s bond issuance to its largest shareholder.
Why Refine’s Largest Shareholder Opted for Early Conversion of 6% ‘Golden Egg’ Exchangeable Bonds
Refine’s largest shareholder converted high-yield exchangeable bonds into shares just three months after issuance, aiming to mitigate legal risks amid activist pressure from Must Asset Management.
CVC Capital Partners faces mounting pressure to clarify its stance on PharmaResearch’s spin-off, as Must Asset Management demands answers over governance and succession concerns, with key conversion and redemption rights at stake.
#YonhapInfomax #CvcCapitalPartners #PharmaResearch #SpinOff #MustAssetManagement #RedemptionRights #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=69964
Will CVC Break Its Silence on PharmaResearch Split—Must Asset Management Sets Response Deadline D-1
CVC Capital Partners faces mounting pressure to clarify its stance on PharmaResearch’s spin-off, as Must Asset Management demands answers over governance and succession concerns, with key conversion and redemption rights at stake.
Must Asset Management Questions PharmaResearch's Rationale for Spin-Off, Seeks Clarity on Governance Benefits Over Non-Redundant Physical Split
Must Asset Management has publicly challenged PharmaResearch’s planned holding company spin-off, questioning its governance rationale and urging transparency on shareholder interests.
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