Published:
Activist investors set new playground in Singapore
Quarz and Dektos are two of such investors.
A report from Bloomberg noted how activist investors, which targeted companies in Japan and South Korea in recent years, have found a new playground in Singapore, where activist investing was virtually unheard.
That changed when two companies found themselves in the crosshairs of these investors in the past month alone. Quarz Capital Management Ltd. urged retailer Metro Holdings Ltd. to return excess cash to investors and Dektos Investment Corp. pushed Geo Energy Resources Ltd. to change its debt structure, saying the coal-miner's shares are undervalued by as much as 60%.
Read more of the story here.
Read Here
Advertise
Sign Up
