Is shareholder activism dead at the PIC?
Should the hard-earned money of pensioners, teachers, police officers and other government employees remain locked in shares at MultiChoice?
Source: timeslive.co.za
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Ayo settlement a good commercial decision – PIC Board - POLITICS
This seeks to recover money from a questionable investment, salvaging value for its client
Source: politicsweb.co.za
PIC board berates handling of Ayo settlement, but says deal is 'justified'
Management did not timeously inform board of its intention to settle with Ayo.
Source: moneyweb.co.za
Image board scolds handling of Ayo negotiation, yet claims offer is '' warranted'
Administration did not timeously educate board of its purpose to clear up with Ayo. Excellent administration, suitable openness,
Source: graziadaily.co.za
'Deeply concerned': PIC board slams executives after AYO settlement
The Public Investment Corporation (PIC) board has roasted executives for not keeping it the loop about a controversial settlement with IT group AYO.
Source: news24.com