Friday 5th September 2014
Dear Reader,
NEW ARTICLE
PCPD not answering our calls
After blogging about parts
of an "intemperate grilling" from the Commerce and Economic Development Bureau
over his call for a do-not-call person-to-person register, igniting public
debate, the Privacy Commissioner has now refused our request, under the Code on
Access to Information, for copies of the CEDB's letter and his reply letter,
citing a lack of public interest. He can't have it both ways. (5-Sep-2014)
RECENT ARTICLES
ISS recommends against Lerado (1225) sale
Webb-site has
learned that ISS, the leading proxy advisory firm, has joined us in recommending
voting against the sale of Lerado's core business, due to the excessive capital
retention. (4-Sep-2014)
Veto Lerado (1225) sale until they pay up
We call on Lerado
shareholders to veto the sale of its core business unless and until the board
increased the proposed special dividend from $0.30 to at least HK$1 per share.
We would rather hold a stake in a real business than get trapped in another
shell trading at a discount to its net cash. Management only owns 33%, so they
had better listen to investors and revise the plan. David Webb holds just under
8%, and we need your support. (1-Sep-2014)
Soon, we can all
be rubber stamps
Our take on yesterday's command from
Beijing. (1-Sep-2014)
And much more besides...
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