Latest news with #CasaHoldings
Yahoo
26-06-2025
- Business
- Yahoo
2025 Combined General Meeting Minutes
PRESS RELEASENantes, June 26, 2025 COMBINED GENERAL MEETING OF 26 JUNE 2025 All resolutions adopted by a very large majority John Browett, appointed Independent Director, elected Chairman of the Board of Directors The Combined General Meeting of Maisons du Monde shareholders convened on June 26, 2025, chaired by Françoise Gri and attended by members of the Board of Directors and the statutory auditors. The quorum for the General Meeting was 76.08%. Shareholders adopted by a very large majority all resolutions submitted for their vote, including: Approval of the annual and consolidated financial statements for fiscal year 2024, as well as the appropriation of profit proposed by the Board of Directors. Evolution of the Board of Directors' composition with the renewal of Cécile Cloarec's mandate as an independent director, the appointment of Casa Holdings (Majorelle) and Teleios Global Opportunities Master Fund as directors, and the appointment of John Browett as an independent director. At the close of this meeting, the newly constituted Board of Directors comprises 58% independent members, with each of the Group's two main shareholders retaining two seats on the Board. The Board of Directors meeting, which followed the General Meeting, appointed John as Chairman of the Board. John brings to Maisons du Monde Group over 25 years of experience leading prominent retail companies, both in the United Kingdom and internationally. His career notably includes roles as CEO of Dunelm Group plc, a major player in the furniture and home décor sector. François-Melchior de Polignac stated: "I'm delighted to welcome John to the Board. His considerable experience in the retail sector, particularly in furniture and home décor, and his leadership expertise will be essential assets to help us drive the transformation of our Group. I sincerely thank Françoise Gri for her invaluable support, notably in developing and structuring the Inspire Everyday plan, which is our roadmap today." John Browett declared: "I am deeply honored by the trust placed in me by both the shareholders and the Board of Directors of Maisons du Monde. My immediate objective as Chairman, alongside the entire Board and François-Melchior, will be to leverage my expertise and experience to accelerate the company's transformation." The presentation made at the General Meeting, the detailed voting results, and the video recording of the meeting are available on the Maisons du Monde website Financial calendar 25 July 2025 Half-Year 2025 Results 23 October 2025 Q3 2025 Sales About Maisons du Monde Maisons du Monde is the leading player in inspiring, accessible, and sustainable home and decoration. The Brand offers a rich and constantly refreshed range of furniture and decorative items in a multitude of styles. Leveraging a highly efficient omnichannel model and direct access to consumers, the Group generates over 50% of its sales through its online platform and operates in 10 European countries. Contacts Investor Relations Press Relations Denis Lamoureux Pierre Barbe Tel: (+33) 6 23 23 08 51 pbarbe@ Attachment 2025.06.26 MdM_Combined General Meeting_Minutes
Yahoo
26-02-2025
- Business
- Yahoo
Bullish Casa Holdings Insiders Loaded Up On S$1.04m Of Stock
Quite a few insiders have dramatically grown their holdings in Casa Holdings Limited (SGX:C04) over the past 12 months. An insider's optimism about the company's prospects is a positive sign. Although we don't think shareholders should simply follow insider transactions, we do think it is perfectly logical to keep tabs on what insiders are doing. See our latest analysis for Casa Holdings In the last twelve months, the biggest single purchase by an insider was when insider Chow Hou Wee bought S$1.0m worth of shares at a price of S$10.60 per share. That means that even when the share price was higher than S$0.12 (the recent price), an insider wanted to purchase shares. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. In our view, the price an insider pays for shares is very important. It is generally more encouraging if they paid above the current price, as it suggests they saw value, even at higher levels. In the last twelve months Casa Holdings insiders were buying shares, but not selling. They paid about S$2.90 on average. This is nice to see since it implies that insiders might see value around current prices. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date! There are always plenty of stocks that insiders are buying. If investing in lesser known companies is your style, you could take a look at this free list of companies. (Hint: insiders have been buying them). Over the last quarter, Casa Holdings insiders have spent a meaningful amount on shares. Specifically, insider Chow Hou Wee bought S$1.0m worth of shares in that time, and we didn't record any sales whatsoever. This makes one think the business has some good points. Many investors like to check how much of a company is owned by insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Casa Holdings insiders own about S$20m worth of shares (which is 78% of the company). I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders. It's certainly positive to see the recent insider purchase. We also take confidence from the longer term picture of insider transactions. Along with the high insider ownership, this analysis suggests that insiders are quite bullish about Casa Holdings. Looks promising! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Casa Holdings. For example - Casa Holdings has 1 warning sign we think you should be aware of. If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt. For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
