Malaysian Oxygen breathes fresh air into activism
Aberdeen Asset Management's head of corporate governance, Peter Taylor, coordinates efforts to engage companies on issues such as performance, unusual transactions and excess cash.
Aberdeen Asset Management Asia has always factored in corporate governance issues when looking at companies to add to its portfolios. It recently stepped up its efforts by hiring Peter Taylor in February as head of corporate governance for the region and by successfully getting German industrial gases group Linde to raise its offer to buy out Malaysian Oxygen in June.Hugh Young, Singapore-based managing director and co-founder of Aberdeen, says the plan is to continue look after its m…
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