Brazilian Retailer Mobly Rebrands as Grupo Toky Amid Corporate Power Struggle

Brazilian Retailer Mobly Rebrands as Grupo Toky Amid Corporate Power Struggle

Mobly (MBLY3) announced it will officially change its name to Grupo Toky and adopt a new ticker symbol (TOKY3) on Brazil’s B3 stock exchange starting May 26. The company secured approval from São Paulo’s 1st Business Court and Arbitration Conflicts, which revoked an injunction that had temporarily suspended decisions made during the April 30 shareholders’ […]

Heirs to Thailand’s huge Dusit Thani group in power struggle

The heirs to Thailand’s Dusit Thani group are in the middle of a family feud after a controlling company refused to approve the company’s financing statements.