Thursday 24th January 2013

Dear Reader,

NEW ARTICLE
The FSDC: under development
The Financial Services Development Council is apparently still under development itself. Confusion reigns over what form it will take, how it will be funded (if at all), and even the identity of persons appointed to it. We'll try to add some clarity. (24-Jan-2013)

RECENTLY ON WEBB-SITE
Veto Aeon Credit loan to parent
We urge Aeon Credit (0900) to withdraw its proposal to lend money to its parent, instead pay a special dividend of the funds which are clearly surplus to requirements. and to announce the consolidation of its greater China business and stop the parent competing with the child. If not withdrawn, then we urge independent shareholders to vote against, and to watch out for the timing of the notice period and vote before the Chinese New Year holidays. (22-Jan-2013)

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