Media releases

 

ASA concerned by situation at TEN Network Holdings

ASA is concerned about the governance and trading situation at Network Ten as 17,000 retail shareholders face the prospect of losing 100% of their investment if administrators are appointed as early as this week.

ASA says don’t use shareholder funds if you don’t have to

The ASA has called for companies to consider whether using shareholders’ funds to call and hold an extraordinary general meeting (EGM) for issues that are not time-critical is in the best interests of shareholders.

ASA leads reform of AGMs

The ASA held a hybrid AGM, the first not-for-profit to do so, leading the way in showing listed entities how to hold a contemporary AGM utilising technology.

ASA focuses on CEO pay ratio and capital raisings in 2017

ASA has released its revised Voting Guidelines and 2017 focus issues. Among other things, ASA will focus on the disclosure of a CEO pay ratio and capital raisings.

ASA applauds changes to Woodside's remuneration report

ASA congratulates Woodside Petroleum on its improved remuneration report, released earlier this week.

ASA calls for companies to provide better disclosure to shareholders

ASA calls for companies to start properly communicating with its shareholders, following the sudden resignation of director Sheila McGregor from the Seven West Media board.

ASA appoints Chief Executive Officer

ASA is pleased to announce the appointment of Ms Judith Fox as CEO effective 27 February 2017.

ASA pleased with outcome of ASIC's proceedings against Hochtief

ASA is pleased with the Federal Court's decision in ASIC's insider trading proceedings against Hochtief AG. 

ASA concerned shareholders have no say in significant acquisitions

ASA is concerned about the Boral acquisition of US company Headwaters, which does not appear to require approval by Boral shareholders although Headwaters shareholder approval will be sought.

Time for long overdue reform at Harvey Norman

After a hostile response by Gerry Harvey at yesterday’s Harvey Norman AGM, the Australian Shareholders’ Association today called for substantial governance reform at the company.