Month: September 2020

Corbion heeft getekend voor een US Private Placement (USPP) Notes-programma met vijf institutionele beleggers. De uitgifte van US$ 170 miljoen uit hoofde van dit programma bestaat uit twee tranches van elk US$ 85 miljoen met looptijden van respectievelijk 7 en 10 jaar en een vaste rente van 2,12% en 2,43%.De opbrengst wordt aangewend voor het aflossen van leningen opgenomen onder de huidige heropneembare kredietfaciliteit (Revolving Credit Facility, RCF) van € 300 miljoen en voor algemene bedrijfsdoeleinden. Dit programma zal het looptijdprofiel van de uitstaande schuld van Corbion verder optimaliseren en maximale flexibiliteit bieden onder de huidige RCF van € 300 miljoen.BijlageUSPP Press Release 2020 NL Final

30 September 2020, Road Town, Tortola, BVIEPH European Property Holdings Ltd (EPH), the real estate investment company, today announces interim unaudited results for the first half of 2020.Net asset value of US$ 36.82 per share decreased from US$ 40.73 at YE2019. Net profit attributable to the shareholders isUS$ 9.85 million vs US$ 27.41 million for the same period of the last year.The main factors influencing NAV and the financial result are:Net rental income declined from US$ 37.77 million for HY 2019 to US$ 29.05 for 6 months of 2020. Decrease is mainly attributable to Russian properties and caused mainly by compression of US$ values of RUR-denominated revenues resulting from RUR depreciation (by 14% during the reporting period), as well as by revision of certain leases. COVID-19 implications are well managed by the management – only...

MCH Group: Halbjahresabschluss 2020 im Zeichen von Covid-19Weitgehend stillgelegte Geschäftstätigkeit führt zu markantem Umsatzrückgang und Halbjahresverlust.Die notwendigen Sanierungsmassnahmen haben hohe Priorität.Transformation und Umsetzung der Strategie werden intensiv vorangetrieben.Nach der deutlichen Verbesserung des operativen Geschäftsergebnisses im Geschäftsjahr 2019 ist die MCH Group mit einer erfolgreichen Swissbau und gut gefüllten Auftragsbüchern in der Division «Live Marketing Solutions» ins Geschäftsjahr 2020 gestartet. Die im Herbst 2019 ausgelösten Projekte zur Transformation und Umsetzung der beschlossenen Strategie haben Fahrt aufgenommen. Leider ist die Geschäftstätigkeit auf Grund der Covid-19 Pandemie und der von den Behörden verfügten Restriktionen und Verbote abrupt zum Stillstand gekommen.Das Management hat...

MCH Group: Des résultats semestriels 2020 sous le signe du Covid-19L’arrêt d’une grande partie des activités entraîne un fort recul du chiffre d’affaires et une perte semestrielle.Les mesures de restructuration nécessaires sont hautement prioritaires.La transformation et la mise en œuvre de la stratégie sont poursuivies de manière intensive.Après l’amélioration significative du résultat d’exploitation de l’exercice 2019, MCH Group a entamé l’exercice 2020 avec un salon Swissbau réussi et un carnet de commandes bien rempli dans la division «Live Marketing Solutions». Les projets de transformation et de mise en œuvre de la stratégie décidée, lancés à l’automne 2019, étaient passés à la vitesse supérieure. Malheureusement, la pandémie de Covid-19 et les restrictions et interdictions imposées par les autorités ont provoqué un arrêt brutal...

MCH Group: First half result 2020 amid COVID-19Business activity brought almost to a standstill results in a pronounced decline in sales and a first-half loss.Required restructuring measures have a high priority.Transformation and implementation of the strategy being intensively pursued.Following the clear improvement in its operating business result in the 2019 financial year, the MCH Group started the 2020 financial year with a successful Swissbau and well-filled order books for the Live Marketing Solutions division. Progress was being made on the projects launched in autumn 2019 to transform the company and implement the strategy adopted. Unfortunately, business activity was brought to an abrupt halt by the COVID-19 pandemic and the restrictions and bans imposed by the authorities.As its top priority, the management took a series of...

DANBURY, Conn., Sept. 29, 2020 (GLOBE NEWSWIRE) — FuelCell Energy, Inc. (Nasdaq: FCEL) (“FuelCell Energy” or the “Company”) today announced the pricing of its underwritten public offering of 43,500,000 shares of its common stock (the “Offering”), at a public offering price of $2.10 per share, for gross proceeds of approximately $91,350,000. The Offering is expected to close on or about October 2, 2020, subject to customary closing conditions. FuelCell Energy has also granted the underwriters a 30-day option to purchase up to 6,525,000 additional shares of its common stock.FuelCell Energy intends to use the net proceeds from the Offering for project development, project financing, working capital support, and general corporate purposes. FuelCell Energy may also use a portion of the net proceeds from the Offering to pay the principal...

SHANGHAI, China, Sept. 30, 2020 (GLOBE NEWSWIRE) — Huazhu Group Limited (Nasdaq: HTHT and HKEX: 1179), a leading and fast-growing multi-brand hotel group in China with international coverage (the “Company” or “Huazhu”), today responded to allegations made in an additional short seller report published by Bonitas Research LLC (“Bonitas Research”) on September 29, 2020.Similar to the initial report published by Bonitas Research on September 22, 2020, the Company believes the additional report is without merit and that it contains numerous errors, unsubstantiated statements, and misleading conclusions regarding the Company’s business and operations.Given that it has already responded to Bonitas Research’s allegations twice, the Company may not respond to future allegations by Bonitas Research, unless required by the applicable laws or...

VANCOUVER, British Columbia, Sept. 29, 2020 (GLOBE NEWSWIRE) — CloudMD Software & Services Inc. (TSXV: DOC, OTCQB: DOCRF, Frankfurt: 6PH) (the “Company” or “CloudMD”), announces the granting of stock options to purchase an aggregate of 525,000 common shares of the Company at an exercise price of $2.15 per share for a five year term.  The stock options were granted pursuant to the Company’s Stock Option Plan and the policies of the TSX Venture Exchange, to directors, officers, and a consultant of the Company.About CloudMD Software & ServicesCloudMD is digitizing the delivery of healthcare by providing patients access to all points of their care from their phone, tablet or desktop computer. The Company offers SAAS based health technology solutions to medical clinics across Canada and has developed proprietary technology...

DEERFIELD, Ill., Sept. 29, 2020 (GLOBE NEWSWIRE) — Surgalign Holdings, Inc. (Nasdaq: SRGA), a global pure-play spine company focused on advancing spine surgery including through the application of digital technologies to improve patient outcomes, today announces that it has entered into a definitive agreement to acquire Holo Surgical Inc., (‘Holosurgical’), a Chicago-based private technology company developing the revolutionary Augmented Reality and Artificial Intelligence platform (‘ARAI™’), to enable digital spine surgery. Total consideration for the transaction is valued at up to $125 million, consisting of consideration valued at $42 million payable at closing in cash and shares plus potential future milestone payments. The transaction is expected to close during the fourth quarter of 2020, subject to customary closing conditions.Holosurgical...