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Stock impact report

Australian Pension Group Rejects Mineral Resources Pay Proposal [Yahoo! Finance]

MINERAL RES LTD UNSP/ADR (MALRY) 
Company Research Source: Yahoo! Finance
remuneration plan of scandal-hit Mineral Resources Ltd. at the company's annual general meeting on Thursday. Most Read from Bloomberg New York's Transit Agency Approves $9 Congestion Toll Paris to Replace Parking Spaces With Trees In Cleveland, a Forgotten Streetcar Bridge Gets a Long-Awaited Lift Amtrak Wins $300 Million to Fix Its Unreliable NJ-to-NYC Service A Bug's Eye View of Mexico City's Modernist Architecture The Australian Council of Superannuation Investors wants to clarify what directors knew about Mineral Resources' investment in industrial property that was part-owned by Managing Director Chris Ellison. The Perth-based miner bought 49% of a company linked to Ellison that owned the property, the Australian Financial Review reported last week, the latest in a series of scandals that has seen the company lose more than half its value from a peak in May. “Investors want to know who signed off on that transaction,” ASCI's Executive Manager of Stewardship Ed Joh Show less Read more
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