Disclaimer: These are excerpts from student assignments conducted as part of a Corporate Finance class. The opinions represented do not necessarily agree with mine. I do not vouch for the quality of the recommendations or the accuracy of the numbers. Follow the recommendations on your own risk.

Majority shareholder just increased ownership from 46 to 48%, students interpret this as sign of confidence

Majority ownership may come with conflicts with other shareholders, but the presence of large international institutional shareholders indicate that the firm is well governed

Students point out that all real estate is booked to Working Capital and investment needs to be adjusted for that

Current capital structure too conservative for my students, especially for real estate. More debt recommended

Students think CSI undervalued, recommend investment

Proposal Excerpt of Student Recommendations
For Against
(2)Director elections
  • abundant experience in working for the company
    Strong commitment of Chairman and controlling shareholder indicating confidence in the future growth prospects of CSI
(3)Mandate to issue and repurchase shares
  • Ensures flexibility of directors
  • The strong past performance without stock issuance and the conservative capital structure allow to increase the debt to equity ratio

Link to proxy statement:

http://www.csigroup.hk/investor-relations/index.php?r=site/index&catid=56

 

Video:

https://v.qq.com/x/page/i05378vepsf.html