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In July 1993, the Institute of Directors in South Africa asked retired Supreme Court of South Africa judge Mervyn E. King to chair a committee on corporate governance. He viewed this as an opportunity to educate the newly democratic South African public on the working of a free economy. [4]
Since 2006, the company stock is listed on the Nairobi Stock Exchange, where it trades under the symbol:SCAN.Its largest shareholder is the WPP Group, controlling 50.10% of the issued share capital of Scangroup though its subsidiaries Cavendish Square Holding BV and Ogilvy South Africa. [2]
King I was the first report of its kind in South Africa. [5] In 2002, when the Earth Summit was held in Johannesburg, King pushed for a revision of the report (King II), including new sections on sustainability, [3] the role of the corporate board, [6] and risk management. [7] The report was further revised in 2009 (King III). [8]
ISG originated as Stanhope Interiors, which was founded in 1989 by David King. [3] [4] During 1995, King led a management buyout of the firm from the indebted Stanhope in 1995, when it was renamed Interior plc. [5] [6] During early 1998, Interior PLC opted to move into construction management via the launch of a new subsidiary. [7]
This came just two days after a trio of Scottish businessmen, known as the Three Bears, bought a large percentage of shares from the Laxey Partners. Both King and the Three Bears announced that they would work together to try and steer the club out of financial trouble. King's purchase made him the largest sole shareholder of the club. [21]
ECP seeks to identify opportunities in sectors that benefit from the long-term structural demographic and economic shifts driving Africa’s growth. [6] [7] ECP focuses on investments in consumer goods, financial services, telecommunications, and infrastructure sectors and has previously invested in rubber and sugar companies, restaurant chains, [8] power and water utilities, [9] banks, [10 ...
King was acquired by Activision Blizzard in February 2016 for US$5.9 billion, and operates as its own entity within that company. King is led by Riccardo Zacconi, who has served in the role of chief executive officer since co-founding the company in 2003. [3] Gerhard Florin took over Melvyn Morris's role as chairman in November 2014. As of 2017 ...
Oando Plc is a Nigerian multinational energy company operating in the upstream, midstream and downstream. [1]In July 2016, Oando entered into a tri-partite agreement with the Vitol Group, an independent trader of energy commodities and Helios Investment Partner, an Africa-focused private investment firm to form OVH (formerly known as Oando Downstream).