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Save Share Corporate leaders say putting new transparency obligations on influential proxy advice firms will avoid unfounded views about companies arising from a lack of consultation. But prominent fund manager Matt Williams said the reform pushed by Treasurer Josh Frydenberg is an example of âover-reachâ that misunderstands how institutional investors weigh up the advice provided by the research groups. Alison Watkins, who is readying to depart Coca-Cola Amatil after seven years at the helm, says the reforms proposed by the Treasurer are very sensible. Dominic Lorrimer Alison Watkins, who is about to bow out of Coca-Cola Amatil after Coke Europeâs $9.8 billion takeover, said the reforms were very sensible and would ensure improved dialogue between proxy advisers and companies. ....
Advertisement One of Australiaâs biggest broadband companies is considering disciplinary action against Shane Teoh, a director and the son of its reclusive billionaire chairman, after he was convicted for assaulting an Uber driver. Mr Teoh, who has sat on the board of $12.6 billion broadband company TPG Telecom since the 2020 merger, was convicted of assaulting an Uber driver in September 2019 and was fined $1500 in a Sydney court on Wednesday. Mr Teohâs father, David Teoh, is the chairman of TPG with a personal fortune estimated to be $2.5 billion, according to The Australian Financial Review 2020 Rich List. A TPG Telecom spokesperson said the company was assessing its options. ....
TPG to review David Teoh's son assault conviction brisbanetimes.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from brisbanetimes.com.au Daily Mail and Mail on Sunday newspapers.