Convoy’s board swells to 16 directors as boardroom manoeuvres continue in shareholders’ jostle for control

//Convoy’s board swells to 16 directors as boardroom manoeuvres continue in shareholders’ jostle for control

Convoy’s board swells to 16 directors as boardroom manoeuvres continue in shareholders’ jostle for control

Convol Global Holdings ushered in the new year the same way it closed the old one, with yet another boardroom manoeuvre as two shareholders with razor thin difference in stakes between them jostled for control of one of Hong Kong’s largest financial service providers.The company, controlled by the family of Richard Tsai Ming-hsing of Taiwan’s Fubon Financial Holding, appointed three new directors on January 1 – adding to the two named in November – to expand Convoy’s board to 16 directors,…

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By | 2021-01-04T03:51:36+00:00 January 4th, 2021|Business|Comments Off on Convoy’s board swells to 16 directors as boardroom manoeuvres continue in shareholders’ jostle for control