"Too often, people talk about interests being aligned when the directors get the upside and shareholders get the downside."-Warren Buffet








Points to Note:
1)This site will be expanded to cover more companies, do check back often.
2)A sizeable number of companies gave a range of remuneration for their directors. For example: $1,000,000 to $1,250,000 for Tom. In such instances, the calculation for Tom's remuneration is as follows: (1,000,000+1,250,000)/2 = $1,125,000, an average of the max. and min.
3)There are some directors who leave and some who join the board during the year. In such instances, some inaccuracies in the amounts may be encountered. However, these directors who leave and join are usually independent directors whose remuneration is usually a very small percentage of the total remuneration. Therefore, the data is still a fairly good reflection.


Purpose of this Site

I have been investing for many years and feel dis-empowered  as a minority shareholder. When i see majority shareholders who are usually directors enriching themselves with their high remuneration or cementing their control over their companies with relatives, while at the same time, giving little as dividends to the other shareholders, i feel helpless and the only avenue is to divest.

I remember having invested in numerous companies which were subsequently delisted at a very low price due to a very low offer(relative to NAV)by the controlling shareholder. I wished i could just connect with the other shareholders to reject the offer but there was no such avenue.

I hope this site serves as a small stepping stone towards a greater voice for the Minority Sharesholders.

" United We Stand, Divided We Fall"

Rights of shareholders:
  • When two or more shareholders holding not less than 10% of the issued share capital of the company, or such lesser number as is provided in the Articles, may call for an EGM.
  • A resolution may be put forward for voting at a general meeting if a requisition is made in writing by (i) shareholders holding not less than 5% of the voting rights, or (ii) not less than 100 shareholders holding shares in the company on which there has been paid up an average sum, per shareholder, of not less than $500.00.
Make use of this site to connect with other Minority Shareholders before AGMs, push for EGMS/Resolutions and agree on a fair offer price.
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