August 1, 2021
  • 10:00 pm Eveready East Africa Limited (EVRD.ke) HY2010 Interim Report
  • 9:59 pm Mauritian Eagle Insurance Co. Limited (MEI.mu) 2011 Abridged Report
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  • 9:55 pm DN Tyre & Rubber Plc (DUNLOP.ng) 2013 Annual Report

first_imgThey must also be transparent on potential conflicts of interest, he said.However, Hooijer added that Brussels currently had no intention of issuing new regulation or setting detailed standards for the industry, and that the Commission expected the profession to “sort itself out” through self-regulation.Addressing resistance to the proposed Shareholder Rights Directive, he stressed that the Commission’s underlying objective was to improve dialogue between shareholders and companies.He reminded the audience that EU member states had so far failed to heed Commission recommendations on remuneration, and that binding rules, as well as shareholders’ rights for remuneration policy, were therefore necessary.Hooijer said Brussels would look into how the identification of shareholders could be improved, and that the overriding objective of the proposed rules for related party transactions was to protect minority shareholders.“We need to find the right buttons to overcome technical issues,” he said.In the European Commission’s draft directive, transactions of more than 5% of shares must be approved by all shareholders. A high-ranking European Commission official has warned proxy advisers that they must do more to ensure their influence on the voting behaviour of investors is “objective and reliable”.Speaking at the International Corporate Governance Network’s annual conference in Amsterdam, Jeroen Hooijer, head of corporate governance at the EU’s Internal Markets and Services Directorate-General, said the methodologies behind advisers’ recommendations “don’t always sufficiently take local markets and regulations into account”.“They provide services to issuers that may affect their independence and ability to provide an objective and reliable advice,” he added.Hooijer said proxy advisers must guarantee their recommendations are accurate, and disclose the source of their advice to both their clients and listed companies.last_img read more

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first_imgSBF Petroleum CGI Jaguars 50-over franchise cricket…By Brandon CorletteA vicious spell of fast bowling by Lower Corentyne’s Nial Smith has engineered a third straight defeat for Georgetown in the SBF Petroleum Cricket Guyana Inc. Jaguars 50-Over franchise cricket tournament.Pace like fire! Smith hits Ashmead Nedd (Brandon Corlette photos)In a match played at the Georgetown Cricket Club (GCC) ground at Bourda yesterday, Smith’s haul of 6-41 restricted Georgetown to 104 all out, as the city side’s batting woes continued. In reply, Lower Corentyne secured victory on 105-3 in 28.4 overs.The 23-year-old Smith, who bowls at speeds in excess of 85mph, began the carnage when he surprised Joshua Persaud with his extreme pace and had him dismissed for a paltry six runs. Georgetown had, with the second ball of the match, lost Robin Bacchus to off-spinner Junior Sinclair; and Smith woke up the Bourda wicket win his venomous fast bowling, even striking Raymond Perez a blow to the rib cage.After Perez left the field, the peppering continued as the red-hot Smith sent the Guyana Jaguars captain back to the dressing room for a five-ball duck, his having slashed one to Seon Hetmyer at point.Anthony Adams took six wickets for EssequiboAt 11-3 Christopher Barnwell and Steven Jacobs attempted a repair job, and took the score to 38-4 before Barnwell, on 11, fell victim to Smith by means of leg-before. Despite some ordinary umpiring, Smith analyzed the conditions and pitched up the ball at searing pace to remove Barnwell.One run later, Smith trapped Jacobs, who hit two sixes at the crease, for 19. Young Jerimiah Scott, who fell for a duck, was Smith’s fifth wicket.West Indies Under-19 player Ashmead Nedd and Paul Wintz briefly weathered the storm before both were struck down by the lightning fast Smith.Wintz made a pugnacious 19 while Nedd scored 11.Qumar Torrington (15) was the final wicket to fall, bounced out by Smith as Georgetown failed to reach 150 for the third time in the tournament.In addition to Smith recording figures of 6-41 in 9.2 overs, left-arm spinner Trevon Stanislaus had 2-24 in 10 overs, while Kelvin Umroa and Sinclair each had one wicket.Responding, Jonathan Foo and Kevlon Anderson accumulated 64 runs to take Lower Corentyne to 105-3 in 28.4 overs and register a 7-wicket win. Foo top-scored with an unbeaten 42 that included four boundaries, while Anderson struck a classy 35 that was decorated with three fours. Stephan Sankar took 2-27 in 7.4 overs, while the impressive Nedd had 1-17 in 10 brilliant overs.Pestano’s blistering 92 takes Upper Corentyne to victoryOver at Enmore, Upper Corentyne racked up 258-7 in 50 overs. Clinton Pestano, batting at number 5, scored 92 while Anthony Bramble scored 34 and Alex Algoo chipped in with 31. Bowling for East Coast, Damuka Ngquando had 3-51.In reply, East Coast made 207 all out, with Amir Khan leading the way with an unbeaten 75, and Robin Willliams scoring 54. Eon Hooper and Jonathan Rampersad had two wickets each in Upper Corentyne’s 46-run win.Griffith takes 6-8 against West DemeraraIn a match played at Tuschen (EBE), East Bank Demerara inflicted a 6-wicket thrashing on West Demerara after Trevon Griffith’s 6-8.Batting first, West Demerara were bundled out for 81 in 30.2 overs, with only Tevin Imlach (27) and Renaldo Renne (10) being able to reach double-digit figures in a poor batting effort.Bowling right-arm off-spin, Griffith bowled 6.2 overs that included three maidens and produced the impressive figures of 6-8. Trevon France and Stephan Wilson supported with two wickets each.In reply, East Bank easily lost Griffith (06) and Mavindra Dindyal (00), but Sachin Singh and Renaldo Ali Mohamed ensured that East Bank chase down the total in 18 overs.Singh ended unbeaten on 30, which included four sixes, while Ali Mohamed scored a 22-ball 28 which included three sixes. Richie Looknauth had 2-38 for West Demerara.Essequibo remains unbeaten, Hetmyer failsAnthony and Ricardo Adams defended 83 runs to make Essequibo win by five runs a match played at Bush Lot, West Coast Berbice against the West Berbice Franchise.In a team that included batting maestro Shimron Hetmyer, West Berbice made 77 all out as Anthony Adams ended with 6-25 in nine overs, while his brother Ricardo took 4-30 in 10 overs. This included the big wicket of Shimron Hetmyer for eight, after hitting a six and being caught at the boundary.Teenager Marvan Prashad scored 19 for West Berbice in a losing effort.Earlier, the ever-reliable Kevin Sinclair continued his dream season with a brilliant spell of 5-31, this right-arm off-spinner ensuring that defending champions Essequibo stumble to 82 all out in 28.4 overs.Sinclair was supported by veteran first-class seamer Keon Joseph, who ended with 3-21 while Gudakesh Motie had 2-26 in 10 overs.The fourth round of matches will continue on Saturday with West Berbice meeting Lower Corentyne at Young Warriors ground; East Bank meeting East Coast at Enmore ground; Georgetown meeting Upper Corentyne at Port Mourant ground; and Essequibo meeting West Demerara at GCC.last_img read more

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