Day: January 21, 2020

SAN RAMON, Calif., Jan. 21, 2020 (GLOBE NEWSWIRE) — Trumark Companies, a nationally award-winning California developer and homebuilder, today announced it has entered into an agreement with Daiwa House USA Inc., a wholly owned subsidiary of Japan-based Daiwa House Industry Co., Ltd. (OTCMKTS: DWAHF), where Daiwa House USA will acquire 60% of the equity interest in Trumark and will commit to make additional capital contributions as funding to further develop Trumark’s business. Under the new agreement Trumark’s co-founding principals, Michael Maples and Gregg Nelson, retain their current roles as part owners and will lead the company as co-CEOs.“Our new status with Daiwa House is a massive boost to Trumark’s business and positions us for exponential growth,” said Maples. “Together we’ve created...

PGS ASA – CONTEMPLATED PRIVATE PLACEMENT TO COMPLETE REFINANCINGNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG OR JAPAN, OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN.PGS ASA (“PGS” or the “Company”) is pleased to announce that it has received commitments for a four-year term loan B (“TLB”) in a minimum principal amount of USD 489 million and an extension of USD 215 million of its revolving credit facility (“RCF”) by three years from its current expiry date in September 2020. As part of the full refinancing of the Company’s debt maturing in...

CHARLOTTE, N.C., Jan. 21, 2020 (GLOBE NEWSWIRE) — CAVU Resources (CAVR) is excited to announce a Binding Agreement in Principle has been signed between CAVU Resources CEO Bob Silver and Sinacori Builders President and CEO Russell Sinacori.CAVU Resources will acquire 100% of Sinacori Builders for a total amount of $4,700,000.00, on very shareowner friendly, Restricted/non-toxic terms.“The acquisition of Sinacori Builders will give CAVU Resources proven executive leadership, and an immediate source of income and cash flow. Moreover, we anticipate the near-term completion and strategic launch of our social app SoKu, as we continue to position CAVU as a diversified industry leader. We will be announcing our path forward to include incredible business opportunities, which we believe will provide maximum shareholder value....

PUNE, Jan. 21, 2020 (GLOBE NEWSWIRE) — The global Data Center Cooling Market size is projected to reach USD 11.97 billion by 2026. The increasing industrialization across the world will create several growth opportunities for companies operating in this market. According to a report published by Fortune Business Insights, titled “Data Center Cooling Market Size, Share & Industry Analysis, By Product (Air Conditioners, Precision Air Conditioners, Chillers, Air Handling Unit, and Others), By Data Center Type (Large Scale DC, Medium Scale DC, and Small Scale DC), By Cooling Technique (Room-based Cooling, Rack-based Cooling, and Row-based Cooling), By Industry (BFSI, IT and Telecommunication, Manufacturing, Retail, Healthcare, and Others) and Regional Forecast, 2019-2026,” the market size was USD 6.27 billion in 2018...