Ant Group says Jack Ma relinquishes control of company
Ma previously possessed more than 50% of voting rights at Ant but the changes will mean that his share falls to 6.2%, according to Reuters calculations., he exercised control over the company through related entities, according to Ant's IPO prospectus filed with the exchanges in 2020.
Hangzhou Yunbo, an investment vehicle for Ma, had control over two other entities that own a combined 50.5% stake of Ant, the prospectus showed.Our Standards:
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Update: MNH Entertainment’s New Boy Group 8TURN Dazzles In 1st “8TURNRISE” Group TeaserUpdate: MNH Entertainment’s New Boy Group 8TURN Dazzles In 1st “8TURNRISE” Group Teaser
Read more »
Rookie boy group 8TURN drops first group image for debut mini album '8TURNRISE' | allkpopMNH Entertainment's first official rookie boy group 8TURN has unveiled a sleek teaser image for their debut mini album, '8TURNRISE'.In th…
Read more »
China and Philippines agree to 'manage differences' on South China Sea | CNNChinese leader Xi Jinping and his Philippine counterpart Ferdinand Marcos Jr. have agreed to strengthen economic ties and resume talks on oil exploration, as they look to revive their economies amid the pandemic downturn and friction over contested areas of the South China Sea.
Read more »
The Illusion of Time: What's Real?Robert Lawrence Kuhn is the creator, writer, host and executive producer of the PBS television series 'Closer to Truth' — co-created, produced and directed by Peter Getzels — the PBS/public television series and online resource on the cosmos, consciousness and meaning that presents leading scientists, philosophers and creative thinkers discussing fundamental questions. Kuhn has published more than 30 books, including 'The Mystery of Existence: Why Is There Anything at All?' (2013) with philosopher John Leslie, 'Closer to Truth: Challenging Current Belief' (2000), 'Closer to Truth: Science, Meaning and the Future' (2007), 'How China's Leaders Think' (2011) and 'The Man Who Changed China: The Life and Legacy of Jiang Zemin' (2005), the first biography of a living Chinese leader published in China and China’s best-selling book in 2005. Kuhn is a commentator for the BBC, CCTV, CNN and Bloomberg, and a featured columnist in the South China Morning Post and China Daily. He is creator and host of 'Closer to China with R.L. Kuhn' on CCTV News, and of 'China's Challenges,' an award-winning documentary series, also directed by Getzels, broadcast on PBS stations and in China. Kuhn is also an international corporate strategist and investment banker, and he is the founder chairman of The Kuhn Foundation, which produces 'Closer to Truth.' Kuhn has a B.A. in human biology from Johns Hopkins University, a Ph.D. in anatomy/brain research from UCLA and an M.S. (Sloan Fellow) from the Massachusetts Institute of Technology (MIT).
Read more »
Alien Ant Farm Singer Charged After Touching His Own Crotch With Fan's HandThe lead singer of Alien Ant Farm, who scored a hit with their cover of Michael Jackson's 'Smooth Criminal,' was charged with battery after touching his own crotch with a fan's hand at a recent show.
Read more »