Articles from Palliser Capital
Palliser Capital Calls for Rio Tinto to Unify Dual Listing
Palliser Capital (“Palliser”), an investor with a significant economic position in Rio Tinto Plc (LSE: RIO) and Rio Tinto Limited (ASX: RIO), collectively referred to as “Rio Tinto” or “the Company”), today released a presentation and letter to the Rio Tinto Board of Directors (“the Board”) calling for the unification of their dual listed company structure on the London Stock Exchange and Australian Stock Exchange into a single Australian domiciled holding company.
By Palliser Capital · Via Business Wire · December 4, 2024
Palliser Capital Responds to SK Square on Value-Up Plan
Palliser Capital (“Palliser”), a significant minority shareholder of SK Square (the “Company”), responds to the Company on the announcement of its Corporate Value-Up Plan and issued the following statement:
By Palliser Capital · Via Business Wire · November 24, 2024
Glass Lewis Endorses Palliser’s Proposal for Keisei’s AGM
Palliser Capital (“Palliser”), the sixth largest shareholder of Keisei Electric Railway Co., Ltd. (9009 JT) (“Keisei” or the “Company”) with a stake of 1.98%, welcomes Glass Lewis endorsement of its proposal for Keisei’s Annual General Meeting (“AGM”) on June 27, 2024.
By Palliser Capital · Via Business Wire · June 9, 2024
Palliser Capital Submits Binding AGM Resolution After Keisei Board Denies Shareholders an Advisory Vote
Palliser Capital (“Palliser”), the eighth largest shareholder of Keisei Electric Railway Co., Ltd. (9009 JT) (“Keisei” or the “Company”) with a stake of 1.6%, has today submitted a formal proposal to table a binding resolution focused on capital allocation and a reduction of the OLC stake at Keisei’s forthcoming AGM.
By Palliser Capital · Via Business Wire · April 29, 2024
Palliser Appoints Former Elliott Partner Steve Kasoff as Chairman of Palliser US
Palliser Capital, a global multi-strategy investment firm, announced today that former Elliott Management Equity Partner and Senior Portfolio Manager, Steve Kasoff, joined Palliser on 1 March 2024 as Chairman of Palliser Capital US.
By Palliser Capital · Via Business Wire · March 20, 2024
Palliser Capital Commends the Initial Reduction in Keisei’s OLC Stake; Looks Forward to Working with Keisei Management on Further Steps to Unlock Value
Palliser Capital (“Palliser”), the eighth largest shareholder of Keisei Electric Railway Co., Ltd. (9009 JT) (“Keisei” or the “Company”) with a stake of 1.6% commends Keisei’s decision to reduce the size of its stake in the Oriental Land Company (“OLC”) and is encouraged that the capital released will be used to bolster shareholder returns and fund strategic and growth initiatives.
By Palliser Capital · Via Business Wire · March 7, 2024
Palliser Capital Supports Shareholder Proposals to Reduce Samsung C&T’s Value Gap
Palliser Capital (“Palliser”), a long-standing investor in Samsung C&T Corp. (“SCT” or “the Company”) with a 0.62%1 shareholding, announces today its support for, and intention to vote in favor of, the proposals advanced by a group of SCT shareholders (the “Shareholder Proposals”) at the Company’s forthcoming 60th Annual General Meeting on March 15, 2024 (“AGM”).
By Palliser Capital · Via Business Wire · March 3, 2024
Palliser Capital Presents Recommendations to Unlock Value and Catalyze Growth at Samsung C&T
Palliser Capital (“Palliser”), a long-standing investor in Samsung C&T Corp. (“SCT” or “the Company”), with a 0.62%1 shareholding, today published a comprehensive presentation detailing opportunities to unlock significant long-term value at SCT following Palliser’s participation at the 10th Annual Sohn London Investment Conference. Palliser's presentation highlights the US$25BN disparity between SCT’s share price and its intrinsic market value, equivalent to a 63% discount (the “SCT Value Gap”), and the clear and actionable measures SCT can take to eradicate that discount while catalyzing the next phase of growth for the Company. Palliser believes SCT has an opportunity to proactively lead on governance and capital allocation and change the narrative on the “Korea Discount” for the benefit of not only SCT stakeholders, but the Korean stock market and broader society as a whole.
By Palliser Capital · Via Business Wire · December 6, 2023
Palliser Capital Responds to Media Article Regarding Investment in Keisei Electric Railway
Palliser Capital (“Palliser”), the eighth largest shareholder of Keisei Electric Railway Co., Ltd. (9009 JT) (“Keisei”) with a stake of 1.6%, releases details of the presentation given to attendees of 13D Monitor’s 2023 Active-Passive Investor Summit in New York. Palliser’s presentation outlines a comprehensive set of proposals intended to address Keisei’s persistent undervaluation by unlocking $4.5 billion of latent value and enacting a suite of capital allocation, governance and investor relations reforms.
By Palliser Capital · Via Business Wire · October 17, 2023