KUALA LUMPUR: Malaysia Aviation Group (MAG), the parent company of Malaysia Airlines, has successfully obtained the approval from the UK Court to proceed with a major component of the comprehensive restructuring of the group.
Given the news towards the end of Q4 2020 of a number of successful COVID-19 vaccine discoveries, followed by expectations of an immediate rollout of a vaccination programme, and probable clarity around Brexit negotiations, we got to work quickly in early December to invest. Our belief that the small and mid-cap segment of the UK public equity market offers investment potential was corroborated within the first two weeks of SBO s launch when one of our holdings was bid for - a first for the portfolio. Calisen, a provider of energy meters and metering systems, received an offer from Coyote Bidco (a consortium consisting of investors including BlackRock Alternatives Management and Mubadala Investment Company) that was c.26% above the previous day s closing share price. Calisen s directors and KKR owned c.73% of the company and voted in favour of the deal; as such we believed limited acceptance would be required from the remaining shareholders to obtain
Malaysia Aviation Group Bhd (MAG), parent of Malaysia Airlines Bhd which has been in discussions with its creditors since September last year, has successfully obtained approval from the UK Court to proceed with a major component of the group's debt restructuring. In a statement today, MAG said its aircraft leasing subsidiary MAB Leasing Ltd (MABL) had on Dec 23 last year issued a practice statement letter to certain groups of its creditors, notifying them of the company’s intention to file a scheme of arrangement under Part 26 of the UK Companies Act 2006
BESA Director General Caroline Wright recently wrote an article highlighting the opportunities available for education suppliers in Peru which is available here.
Employee Benefits 15th January 2021 12:14 pm 15th January 2021 12:16 pm
The mental and physical health of your employees – let’s call it employee wellbeing – has never been more important.
Even as long ago as 2006, the UK Companies Act added more weight to the concept of responsible corporate behaviour into its provisions through the idea of ‘enlightened shareholder value’. Since then, and with the changes in attitude brought about by the pandemic, society’s expectations of responsible corporate behaviour has sharpened and is pointing squarely in the direction of the regard companies and employers must have for the interests of employees.
Here, we are going to highlight why supporting employee health within your workplace is so vital, and provide you with some actionable tips to implementing wellbeing initiatives in the workplace – whether this is in a home or office environment.