CPSE:TRMD AOil and Gas
Assessing TORM (CPSE:TRMD A) Valuation After Governance Reset And One Share One Vote Shift
Why TORM’s governance reset matters for shareholders
TORM (CPSE:TRMD A) has just gone through a governance reset after Oaktree Capital Management’s stake fell below one third, removing special voting rights and putting the company on a simpler one share, one vote footing.
The move also coincides with Deputy Chairman and Senior Independent Director David Weinstein stepping off the Board and shifting into a Special Advisor role. This keeps his experience connected to the company while formal...