Golden Agri-Resources Ltd’s (SGX:E5H) stock price dropped 4.0% last week; private companies would not be happy
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Significant control over Golden Agri-Resources by private companies implies that the general public has more power to influence management and governance-related decisions
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The largest shareholder of the company is Flambo International Limited with a 51% stake
Every investor in Golden Agri-Resources Ltd (SGX:E5H) should be aware of the most powerful shareholder groups. The group holding the most number of shares in the company, around 51% to be precise, is private companies. Put another way, the group faces the maximum upside potential (or downside risk).
As a result, private companies as a group endured the highest losses last week after market cap fell by S$127m.
In the chart below, we zoom in…
