NEW YORK : Donerail Group is working with another asset manager to oust gaming equipment company Turtle Beach Corp's entire board and has nominated six directors to staunch a steady share price drop, the investment firm wrote to other shareholders.
Wyatt told investors his firm took"the extraordinary step" of trying to replace all directors because Turtle Beach's share price has tumbled some 60per cent since current management took over eight years ago. He also criticized Turtle Beach's capital allocation and corporate governance in the letter, which was seen by Reuters.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Singapore’s board gender diversity improves after pandemic setbackThe representation of women on the boards of Singapore’s largest companies has improved over the past year, according to the Council for Board Diversity.
Source: YahooSG - 🏆 3. / 71 Read more »
Russian elites 'plot to oust Putin' and install spymaster as PresidentA small band of Russian elites are said to have become frustrated at the personal cost of the war. when yr assets r frozen..u c gok angree with putin or nok..
Source: YahooSG - 🏆 3. / 71 Read more »
Putin ally Timchenko resigns from Novatek board
Source: STForeignDesk - 🏆 4. / 71 Read more »
China Eastern Airlines Boeing jet with 132 people on board crashes in ChinaBEIJING — A China Eastern Airlines passenger jet with 132 people on board crashed in the mountains of southern China on Monday (March 21) while on a flight from the city of Kunming to Guangzhou, China's Civil Aviation Administration of China (CAAC) said.
Source: TODAYonline - 🏆 1. / 99 Read more »
Pakistan seeks lifetime disqualification for defectors from PM Khan's party
Source: STForeignDesk - 🏆 4. / 71 Read more »
Some Syrian veterans ready for Ukraine fight, commanders saySome Syrian paramilitary fighters say they are ready to deploy to Ukraine to fight in support of their ally Russia but have not yet received instructions to go, two of their commanders told Reuters. Nabil Abdallah, a commander in the paramilitary National Defence Forces (NDF), said he was ready to use expertise in urban combat gained during the Syrian war to aid Russia, speaking to Reuters by phone from the Syrian town of Suqaylabiyah. 'Once we get instructions from the Syrian and Russian leadership, we will fight this righteous war,' Abdallah said on March 14, four days after President Vladimir Putin gave a green light for 16,000 volunteers from the Middle East to deploy in Ukraine. 1 word..u fite 2 b paid..if u survived..u kan still fite in syria with d gold bountee loot$..nuthin rightous...
Source: YahooSG - 🏆 3. / 71 Read more »