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New World (0017) to donate 3m sq ft of land
RTHK, 25-Sep-2019
There was no mention of a farmland giveaway in today's annual results. Having bought the land with shareholders' money, the directors should explain how giving it away enhances shareholder value. If it doesn't, that's a breach of fiduciary duty. What do they expect the company to gain in return? Is this just a kowtow to deter further government intervention, or to get permission to develop better land? Why not instead support abolition of corporate voting for the CE Election Committee and Legislative Council? No, that would be too much!
Organisations
- HKSAR Election Committee 香港特別行政區選舉委員會
- HKSAR Legislative Council 香港特別行政區立法會
- NEW WORLD DEVELOPMENT COMPANY LIMITED 新世界發展有限公司
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