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In reaction to the recent disclosure by Aster DM Healthcare and its commitment to allot 70-80% of the revenue generated from the sale of its Gulf Cooperation Council (GCC) business to Alpha GCC Holdings for distribution to shareholders, Institutional Investor Advisory Services India (IiAS), a proxy advisory firm, has revised its voting recommendation from "against" to "for." ....
India s Aster DM Healthcare plans to distribute to shareholders about 70%-80% of the $903 million it will get by selling its Gulf business, the hospital chain said Monday, days after a proxy. ....
India's Aster mulls dividend payout from $1bln Gulf demerger amid proxy firm pressure zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.
Proxy advisor greenlights Aster's plans to divest Gulf biz - News Healthcare financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Aster DM has proposed two resolutions - the sale of its GCC business to Alpha GCC, a related party transaction, and the sale of subsidiary Affinity Holdings to Alpha GCC. The e-voting, which began on December 24, will end on January 24. ....