Latest news with #CorporateGovernance
Yahoo
6 days ago
- Business
- Yahoo
BUTLER NATIONAL ADOPTS CORPORATE GOVERNANCE GUIDELINES
New Guidelines Establish Mandatory Director Retirement Policy NEW CENTURY, Kan., July 17, 2025 /PRNewswire/ -- Butler National Corporation (OTCQX: BUKS), a leader in the growing global market for aircraft modification, maintenance, repair and overhaul and a recognized provider of gaming management services, announces that its Board of Directors has adopted Corporate Governance Guidelines to promote the sound structure of the Board and best practices of its governance. The new Corporate Governance Guidelines codify existing policies, such as director and officer stock ownership guidelines and annual performance reviews of the Board and Chief Executive Officer. The Guidelines also establish several new policies, including a mandatory retirement age for directors following their 75th birthday. "Butler National has demonstrated significant progress towards good corporate governance over the past year, including moving towards annual elections of all directors, removing the poison-pill (shareholder rights plan), electing a Lead Independent Director, separating the roles of the Chairman of the Board and the Chief Executive Officer, adopting a majority vote standard for uncontested director elections, and now implementing the 75-year age limit. The director age limitation is a strategic move to cultivate fresh perspectives in alignment with the corporation's evolving needs," commented Jeffrey D. Yowell, Executive Chairman of Butler National Corporation. "The Butler National Board continues to adopt policies that strengthen corporate governance, and the 75-year age limitation for directors supports effective leadership succession," concluded Mr. Yowell. The Corporate Governance Guidelines are available to review on the corporation's Investor Relations website. More About Butler National Corporation Butler National Corporation operates in the Aerospace and Professional Services business segments. The Aerospace Products segment includes the design, manufacture, sale and service of structural modifications, design, integration and installation of electronic equipment, systems and technologies that enhance aircraft operations, and the design, manufacture and sale of defense related articles. Additionally, we operate Federal Aviation Administration (the "FAA") Repair Stations. Companies in Aerospace Products concentrate on products and services for Learjet, Textron Beechcraft, King Air, and Textron Cessna turboprop aircraft. Butler National-Tempe designs and manufactures robust electronic controls and cabling. The Professional Services segment includes the management of a gaming and the related dining and entertainment facility in Dodge City, Kansas. Boot Hill Casino and Resort features approximately 500 slot machines, 15 table games and a DraftKings branded sportsbook. See our website: For investor information, contact:David Drewitz, Investor Relationsdavid@ Or email:Mackenzie Giller, Operationsgmiller@ View original content to download multimedia: SOURCE Butler National Corporation
Yahoo
16-07-2025
- Business
- Yahoo
Copper Standard Announces Voting Results from Annual General and Special Meeting
Vancouver, British Columbia--(Newsfile Corp. - July 15, 2025) - Copper Standard Resources Inc. (CSE: CSR) ("CSR" or the "Company") announces the voting results of its Annual General and Special Meeting (the "Meeting") of Shareholders held on July 15, 2025. CSR shareholders voted in favour of all resolutions presented at the Meeting, including the election of the Company's five director nominees. Detailed results of the vote for directors are shown below: Nominee Votes For Votes Withheld Number Percent (%) Number Percent (%) Andrew Swarthout 31,509,508 99.12% 270,025 0.85% Marcel de Groot 31,510,008 99.15% 269,525 0.84% Christian Milau 31,769,333 99.96% 10,200 0.03% Hayley Thomasen 31,769,333 99.96% 10,200 0.03% Daniel O'Flaherty 31,769,333 99.96% 10,200 0.03% The directors will serve on the Board of Directors of the Company until the Company's next Annual General Meeting of shareholders. Shareholders also voted in favour of the following: (i) the ratification and appointment of Dale Matheson Carr-Hilton Labonte LLP as the auditor of the Company; (ii) the adoption of the proposed new stock option plan; (iii) the adoption of the restricted share rights plan; and (iv) the shareholders voted in favour of ratifying all previous acts by directors and officers since the last Annual General Meeting of the Company held on June 22, 2023. Each of the resolutions approved at the meeting were described in detail in the Company's Management Information Circular dated June 9, 2025, available on SEDAR+ ( and the Company's website ( Following the Meeting, the Board of Directors reaffirmed Matt Fargey as Chief Executive Officer, Christian Uria as Chief Financial Officer, and Craig Rollins as Corporate Secretary. About Copper Standard Copper Standard is engaged in the acquisition, exploration, discovery, and development of mineral interests focusing on copper and gold projects. Copper Standard owns a 100% interest in the El Ferrol Property and has an option to acquire the two adjacent properties which make up the Colpayoc Copper-Gold Project. The Company also owns a 100% interest in the Pacaska, Capricho, and Paco Orco projects located in Peru. Copper Standard continues to evaluate opportunities in the mineral sector on an ongoing basis. For further information, please contact: Copper Standard Resources Fargey, Chief Executive Officer(604) 628-1110Email: info@ Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this news release. To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
07-07-2025
- Automotive
- Yahoo
One of Tesla's most important shareholders says all's well with Elon Musk and the EV maker
Listen and subscribe to Opening Bid Unfiltered on Apple Podcasts, Amazon Music, Spotify, YouTube, or wherever you find your favorite podcasts. The CEO of Norway's $1.9 trillion sovereign wealth fund may have clashed with Elon Musk over his controversial Tesla (TSLA) pay package, but that hasn't shaken his long-term view on the EV maker. Led by Nicolai Tangen, the Norges Bank Investment Management (NBIM) is one of Tesla's top 10 shareholders, with a 1.1% stake. Last June, it voted against Musk's $45 billion pay plan, which resulted in a public rebuke from Musk. But Tangen insists there's no bad blood. "I don't think there's any problems there," Tangen told Yahoo Finance Executive Editor Brian Sozzi on a new episode of the Opening Bid podcast (watch above; listen below). On whether the two might patch things up, Tangen briefly mentioned the possibility, saying the duo are "professional." NBIM's position in Tesla makes it one of the most influential voices in its shareholder base, not just because of its size, but because of its reputation for corporate governance and long-term investing. The fund holds nearly 1.5% of all listed companies worldwide; notable holdings include Nvidia (NVDA) and Google (GOOG). Tangen, who was just reappointed to a second term as CEO of the fund, acknowledged the controversy around Tesla and Musk, from the CEO's unpredictable social media posts to his political dustups, including a recent bout with President Trump. "There are a lot of elements which impact the share price of this company," Tangen said. "Tesla was one of the first electric cars into the Norwegian market, but in terms of the stock itself, I haven't got a strong view." He added, "It's a manufacturer, it's a tech company. It's all of the above." Those comments come as Tesla grapples with renewed scrutiny over its fundamentals. Last week, the company reported second quarter deliveries of 384,122 vehicles, a 13% year-over-year drop. In Europe, one of Tesla's key markets, new car sales fell for the fifth consecutive month in May, down nearly 28% from the prior year. William Blair analysts downgraded Tesla to Market Perform on Monday, warning that political and regulatory headwinds could weigh more heavily on the company than investors expect. In a note led by Jed Dorsheimer and Mark Shooter, the team flagged the loss of over $2 billion in annual credit revenue following the removal of corporate average fuel economy (CAFE) fines. "Instead of dismantling the CAFE standards, the BBB removed the teeth," they wrote, cautioning that the change could trigger a direct hit to Tesla's profitability and pressure its margins. The firm also slashed its earnings forecast for 2025 by 39%. The analysts estimated that 75% of Tesla's environmental credit revenue, which made up 16% of its total gross profit in 2024, could vanish over the next two years. Even so, some on Wall Street, including Piper Sandler, continue to see upside, especially when it comes to Tesla's autonomous driving efforts. In a note led by Alexander Potter, the firm labeled Tesla as the "most transformative company in autos," adding that in the long run, it was "likely to win." Meanwhile, Musk's decision to enter the political fray, launching a new "America Party" over the July 4 weekend, has William Blair analysts questioning his focus. "We expect investors are growing tired of the distraction at a point when the business needs Musk's attention the most," the firm wrote, anticipating a downside from his "dip back into politics." Each week, Yahoo Finance Executive Editor Brian Sozzi fields insight-filled conversations and chats with the biggest names in business and markets on Opening Bid Unfiltered. You can find more episodes on our video hub or watch on your preferred streaming service. Francisco Velasquez is a reporter for Yahoo Finance. He can be reached on LinkedIn and X. Sign in to access your portfolio
Associated Press
30-06-2025
- Business
- Associated Press
Fosun International Garners Five Awards from Corporate Governance Asia
Chen Qiyu and Xu Xiaoliang, Executive Directors and Co-CEOs of Fosun International win Asia's Best CEO from Corporate Governance Asia Fosun International receives Sustainable Asia Award 2025, Best Environmental Responsibility Award and Best Corporate Communications Award HONG KONG, June 30, 2025 /PRNewswire/ -- On 30 June 2025, Corporate Governance Asia presented the 15th Asian Excellence Award. Chen Qiyu and Xu Xiaoliang, Executive Directors and Co-CEOs of Fosun International Limited ('Fosun International', 'Fosun' or the 'Group') (HKEX stock code: 00656) were both honored Asia's Best CEO. In addition, Fosun International was awarded Sustainable Asia Award 2025, Best Environmental Responsibility Award and Best Corporate Communications Award. Corporate Governance Asia is one of the most authoritative and influential corporate governance journals in the Asia Pacific region. The award recognizes outstanding industry leaders and enterprises that excelled in financial performance, corporate governance, corporate social responsibility, environmental protection, corporate communication and investor relations over the past year. Other award recipients of the 15th Asian Excellence Award include well-known Asia Pacific companies such as Sino Land, Sun Hung Kai Properties, Bank of China (Hong Kong), China Mobile, China Telecom, China Unicom, China Communications Services, China Resources, and PetroChina, etc. Recognizing Excellence in Business Performance and ESG Practices According to Corporate Governance Asia, in 2024, in the face of the complex and volatile external environment, Fosun maintained its strategic focus on core businesses, achieved steady development, enhanced the operational capabilities of its key industries, and demonstrated strong operational resilience. Amid the complex external business environment, Mr. Chen Qiyu and Mr. Xu Xiaoliang, as the CEOs of a global large-scale private enterprise, have not only led the Group to grow its business operations, but also strengthened the management of sustainable development, proactively fulfilled corporate social responsibility, improved the Group's Environmental, Social, and Governance (ESG) performance, and leveraged the resources and advantages of Fosun's global industrial ecosystem to continuously create a better world. In recognition of these efforts, they were awarded the Asia's Best CEO accolade. Chen Qiyu, Executive Director and Co-CEO of Fosun International, said, 'We are deeply honored to receive several prestigious awards from Corporate Governance Asia, including Asia's Best CEO and the Sustainable Asia Award. These accolades recognize not only individual achievements but also reflect the collective efforts of the entire Fosun team. To advance Fosun's sustainable development, we have established a top-down and long-term ESG improvement mechanism and has included ESG management performance as an evaluation factor in the Executive Directors' performance assessment. The ESG management performance appraisal mechanism is also extended to the CEOs of the Group and the personnel in charge of each business group. Fosun International is also committed to fostering innovation. We actively drive green innovation across biopharmaceutical R&D, consumer industries, intelligent manufacturing, and green building, with the aim of building a sustainable industrial ecosystem. Looking ahead, guided by our mission of 'Contribution to Society', we will continue to strengthen our ESG system, and promote green and sustainable development through technology innovation and global resources, thereby creating greater value for society.' Xu Xiaoliang, Executive Director and Co-CEO of Fosun International, said, 'Globalization is the core of Fosun's development. Fosun has consistently leveraged global resources and combined global growth momentum with global resources, delivering more high-quality products and services to families around the world. With an increasingly sophisticated global business presence, Fosun operated responsibly across more than 35 countries and regions, actively contributing to public welfare and creating sustainable value worldwide. As a global company rooted in China, Fosun began integrating ESG principles at an early stage, reflecting values deeply embedded in the Group's DNA and corporate culture. Since its founding, Fosun has upheld its original aspiration of 'Contribution to Society', striving not only to create commercial value but also to generate broader social impact. Looking ahead, Fosun will actively respond to national strategies, implement 'dual carbon' goals, promote rural revitalization, expand impact across global communities in areas such as healthcare, educational equity, community construction, culture and art. The ultimate goal is to help more families enjoy healthier, happier, and wealthier lives.' Advancing Global Sustainable Development with Outstanding ESG Performance Corporate Governance Asia highlighted Fosun's unwavering commitment to advancing global ESG efforts. The Group has consistently strengthened its ESG framework, deepened its involvement in ESG initiatives, enhanced its climate resilience, and accelerated green development. Corporate Governance Asia highly commended Fosun's efforts in advancing ESG, noting that its initiatives not only inspire the industry but also reinforce Asia's vital role in the global journey toward carbon neutrality. The publication recognized Fosun's commitment to addressing social and environmental challenges as a benchmark for industry best practices. As a result, Fosun was honored with the Sustainable Asia Award 2025, Best Environmental Responsibility Award and Best Corporate Communications Award. These accolades not only affirm Fosun's outstanding performance in promoting global sustainable development and fulfilling corporate social responsibility, but also highlight its steadfast dedication to ESG knowledge sharing and climate advocacy. As a responsible global citizen, Fosun officially joined the United Nations Global Compact ('UN Global Compact') in 2014. It fully supports the ten principles of the UN Global Compact on human rights, labor, environment and anti-corruption, and has deeply integrated these principles into its 'Create IMPACT' sustainable development strategy and code of conduct. Over the past year, despite the global environmental, social and economic uncertainties, Fosun remained committed to sustainable development, diligently upholding its long-term commitments in key areas of sustainable development, and achieving good results. Fosun International maintained an MSCI ESG rating of AA, achieved an HSI ESG rating of AA-, ranked in the top 5% among global peers in latest S&P Global's Corporate Sustainability Assessment (CSA), was included in S&P Global's Sustainability Yearbook 2025, and was selected as the top 1% in S&P Global's Sustainability Yearbook 2025 (China Edition). Actively Responding to Climate Change and Promoting Low-carbon Transformation Fosun actively responds to the national 'dual carbon' goals by promoting carbon neutrality and energy conservation and emission reduction. In 2021, Fosun made a commitment to society – 'strive to peak carbon emissions by 2028 and achieve carbon neutrality by 2050". Fosun has formulated strategies for climate change mitigation and adaptation to align with the 1.5°C temperature control target set in the Paris Agreement. As 2024 marked the final year before Hong Kong Stock Exchange's New Climate Requirements came into effect, Fosun International proactively aligned with international standards such as the Task Force on Climate-related Financial Disclosures (TCFD) recommendations and the International Financial Reporting Standards (IFRS) S2 Climate-related Disclosures Requirements, and released its third Climate Information Disclosures Report, enhancing the transparency of its climate actions and demonstrating its commitment to ongoing efforts in this area. The Group also actively encourages its member companies to carry out climate actions. The Bund Finance Center (BFC), the Group's base in Shanghai and a landmark in Shanghai, maintained its LEED Platinum certification, a global green building benchmark, and was included in Shanghai's first batch of carbon peaking and carbon neutrality pilot demonstration projects in 2024. In 2024, Fidelidade participated in the 29th session of the Conference of the Parties (COP29) to the United Nations Framework Convention on Climate Change for the second consecutive year to discuss climate change response strategies and corporate responsibilities with industry peers. During the COP29, Fidelidade launched the Impact Center for Climate Change (ICCC), a platform for the study, research and sharing of knowledge with society. The ICCC promotes knowledge production in the field of climate risks and helps the insurance industry enhance its capacity to address climate change. Leveraging Innovation to Actively Contribute to Society Fosun adheres to the innovation-driven strategy, and the anticancer and antimalarial drugs developed by its health segment have widely benefited cancer patients and severe malaria patients. Henlius' innovative drug, HANSIZHUANG (serplulimab injection), an anti-PD-1 monoclonal antibody, was approved for marketing in the European Union in early 2025. This milestone makes it the first and only PD-1 innovative drug approved for the first-line treatment of extensive-stage small cell lung cancer (ES-SCLC) in the European Union. As of the end of 2024, Fosun Pharma's independently developed artesunate for injection had saved more than 80 million severe malaria patients worldwide, with more than 400 million doses supplied globally. In the Chinese mainland, Fosun Kairos' first CAR-T cell therapy product, Yi Kai Da (ejilunsai injection), had benefited over 800 lymphoma patients as of the end of 2024. In order to better promote the fulfilment and implementation of corporate social responsibility, Fosun Foundation was established in 2012. It has been making unremitting efforts in the fields of global emergency relief, rural revitalization, health, education, culture and art, youth development, etc. to create social value. Among these initiatives, the Rural Doctors Program has supported 25,000 rural doctors and benefited 3 million rural families since its launch in 2017. Looking ahead, Fosun remains dedicated to advancing its social responsibility through innovation and responsible global operations. Guided by its 'Create IMPACT' sustainable development strategy, Fosun will intensify its efforts to build a more responsible, inclusive and sustainable future. View original content: SOURCE Fosun
Yahoo
28-06-2025
- Business
- Yahoo
TCL Electronics (01070.HK) Triumphs with Five Distinctions at the 11th HKIRA Investor Relations Awards
HONG KONG, June 28, 2025 /PRNewswire/ -- TCL Electronics Holdings Limited ("TCL Electronics" or the "Company", 01070HK) was honoured with five prestigious accolades at the 11th Investor Relations Awards hosted by Hong Kong Investor Relations Association ("HKIRA"), in recognition of its exceptional capital market performance, exemplary investor relations, and excellence in corporate governance and information disclosure. Best IR Company Best IR by Chairman/ CEO Best IR by CFO Best IRO (Investor Relations Officer) Best IR Team The selection process for this year's awards commenced with public nominations, followed by voting from 503 buy-side investors, sell-side analysts, and fund managers across more than 388 financial institutions. The Company's multiple wins serve as a strong endorsement of its comprehensive capabilities and professional excellence, reflecting the capital market's deep confidence and recognition. Guided by an investor-centric philosophy, TCL Electronics remains firmly committed to building a highly efficient, transparent, and professional investor relations and corporate governance framework. By refining its disclosure practices and enhancing communication effectiveness, the Company proactively addresses investor expectations at the same time and strives to build enduring trust with the investment community. To strengthen engagement and drive long-term value creation, TCL Electronics maintains consistent, high-impact dialogue with the market through a wide array of channels. These include regular results announcements, active traditional and reverse roadshows, investor and analyst research, participation in domestic and global investment forums, and timely strategic updates via its official investor relations public accounts. Collectively, these efforts have elevated transparency, reinforced investor confidence, and further solidified the Company's reputation as a trusted and respected presence in the capital markets. Looking ahead, TCL Electronics will continue to execute its corporate strategy anchored in "Lead with Brand Value, Excel in Global Efficiency, Drive with Technology, Thrive on Global Vitality". The Company remains committed to strengthening its core competitiveness while deepening meaningful engagement with global investors and stakeholders. Through the ongoing enhancement of its governance structure, refinement of communication mechanisms, and a strong alignment with stakeholder interests, TCL Electronics is firmly focused on creating long-term, sustainable value for its shareholders and investors. HKIRA is a highly esteemed non-profit professional association within Hong Kong's capital markets, dedicated to advancing international standards in investor relations and championing best practices across the industry. About TCL Electronics TCL Electronics Holdings Limited ( incorporated in the Cayman Islands with limited liability) was listed on the mainboard of the Hong Kong Stock Exchange in November 1999. It is engaged in display business, innovative business and internet business. TCL Electronics actively transforms and innovates under the strategy of "Lead with Brand Value, Excel in Global Efficiency, Drive with Technology, Thrive on Global Vitality". Focusing on the mid-to-high-end markets around the world, the Company strives to consolidate the "Intelligent IoT Ecosystem" strategy and is committed to providing users with an all-scenario smart and healthy life while developing into a world-leading smart technology company. TCL Electronics is part of the Shenzhen-Hong Kong Stock Connect programme and is included in the Hang Seng Stock Connect Hong Kong Index, the Hang Seng Composite MidCap & SmallCap Index and the Hang Seng Corporate Sustainability Benchmark Index. Besides, it has received Hang Seng Index's ESG rating of A for consecutive years since 2018. For more information, please visit the investor relations web page of TCL Electronics at or follow the Official Account of TCL Electronics investor relations. View original content: SOURCE TCL Electronics Holdings Limited Sign in to access your portfolio
