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Jack Teoh backs 22-year-old Ishan Haque to launch $50m Geminio fund

TPG scion Jack Teoh has partnered with 22-year-old Brisbane investor Ishan Haque to raise a $50 million fund targeting crypto and NFT deals throughout the much-hyped metaverse.

AICD announces board changes

Coca-Cola Amatil s Alison Watkins says sensible proxy changes will clear up claims

Save Share Corporate leaders say putting new transparency obligations on influential proxy advice firms will avoid unfounded views about companies arising from a lack of consultation. But prominent fund manager Matt Williams said the reform pushed by Treasurer Josh Frydenberg is an example of “over-reach” that misunderstands how institutional investors weigh up the advice provided by the research groups. Alison Watkins, who is readying to depart Coca-Cola Amatil after seven years at the helm, says the reforms proposed by the Treasurer are very sensible.  Dominic Lorrimer Alison Watkins, who is about to bow out of Coca-Cola Amatil after Coke Europe’s $9.8 billion takeover, said the reforms were very sensible and would ensure improved dialogue between proxy advisers and companies.

TPG to review David Teoh s son assault conviction

Advertisement One of Australia’s biggest broadband companies is considering disciplinary action against Shane Teoh, a director and the son of its reclusive billionaire chairman, after he was convicted for assaulting an Uber driver. Mr Teoh, who has sat on the board of $12.6 billion broadband company TPG Telecom since the 2020 merger, was convicted of assaulting an Uber driver in September 2019 and was fined $1500 in a Sydney court on Wednesday. Mr Teoh’s father, David Teoh, is the chairman of TPG with a personal fortune estimated to be $2.5 billion, according to The Australian Financial Review 2020 Rich List. A TPG Telecom spokesperson said the company was assessing its options.

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