Author: Mak Yuen Teen

A Modern Day Tale of Alibaba and the 28 Partners

The Hong Kong Exchanges and Clearing Ltd (HKEx) has just shut the door on what is touted to be the most-anticipated IPO since Facebook. Alibaba, with an estimated value of US$80 billion and as much as US$120 billion according to some bullish analysts, is expected to raise as much as US$15 billion from the IPO and will now do so in the US instead.

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GRP should clarify board appointment

ON Sept 3, GRP Ltd announced the appointment of Peter Moe as an independent director. In response to the questions in the appointment template regarding whether he had been convicted of, or had judgment entered against him, or had been subjected to criminal or civil proceedings, for certain breaches, the company answered in the affirmative.

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