Month: January 2021
Company announcement – No. 2 / 2021NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR SOUTH AFRICA, EXCEPT AS PERMITTED BY APPLICABLE LAW.THIS ANNOUNCEMENT IS NOT AN OFFER OF SECURITIES FOR SALE IN THE UNITED STATES AND THE SECURITIES REFERRED TO HEREIN MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES ABSENT REGISTRATION EXCEPT PURSUANT TO AN EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE U.S. SECURITIES ACT; ANY PUBLIC OFFERING OF SUCH SECURITIES TO BE MADE IN THE UNITED STATES WILL BE MADE BY MEANS OF A PROSPECTUS THAT MAY BE OBTAINED FROM THE ISSUER, WHICH WOULD CONTAIN DETAILED INFORMATION ABOUT THE COMPANY AND MANAGEMENT, AS WELL AS FINANCIAL STATEMENTS.A directed share offering to institutional and professional investors...
Zero Turn Mowers Market to Reach USD 4.37 billion by 2027; Rising Interest in Landscaping Activities in Urban Areas to Fuel Market Growth: Fortune Business Insights™
Written by Customer Service on . Posted in Mergers And Acquisitions.
Pune, Jan. 27, 2021 (GLOBE NEWSWIRE) — The global zero turn mowers market size is projected to reach USD 4.37 billion by 2027, exhibiting a CAGR of 5.4% during the forecast period. The emergence of electric lawn mowers will open a new growth dimension for this market, observes Fortune Business Insights™ in its report, titled “Zero Turn Mowers Market Size, Share & COVID-19 Impact Analysis, By Product Type (Less than 50 Inches, 50-60 Inches and More than 60 Inches), By Application (Residential and Commercial) and Regional Forecast, 2020-2027”.Electric mowers offer a sustainable and fuel-efficient alternative to conventional mowers that require gas to operate. With consumers becoming more environmentally conscious of late, the demand for eco-friendly machines for household activities has risen enormously over the past few years....
Proposed 2020 dividend of USD 1.80 per share representing an 80 percent increase on 2019 dividend
Written by Customer Service on . Posted in Public Companies.
The Board of Directors of Lundin Energy AB (Lundin Energy) proposes a 2020 dividend of USD 1.80 per share, corresponding to MUSD 512.The Board of Directors will propose to the 2021 Annual General Meeting, in accordance with the dividend policy as announced on 30 January 2019, a 2020 dividend of USD 1.80 per share, corresponding to MUSD 512 (rounded off), noting the reduced 2019 dividend of USD 1.00 per share, that was approved, to maintain financial prudence and further liquidity flexibility in light of the then prevailing market conditions. The proposed 2020 dividend is to be paid in quarterly instalments of USD 0.45 per share, corresponding to MUSD 128 (rounded off). Before payment, each quarterly dividend of USD 0.45 per share shall be converted into a SEK amount, and paid out in SEK, based on the USD to SEK exchange rate published...
Utdelning för 2020 om 1,80 USD per aktie föreslås, vilket motsvarar en ökning om 80 procent jämfört med 2019 års utdelning
Written by Customer Service on . Posted in Public Companies.
Styrelsen i Lundin Energy AB (Lundin Energy) föreslår en utdelning för 2020 om 1,80 USD per aktie, motsvarande 512 miljoner USD.I enlighet med utdelningspolicyn, som offentliggjordes den 30 januari 2019, kommer styrelsen att till årsstämman 2021 föreslå en utdelning för 2020 om 1,80 USD per aktie, motsvarande 512 miljoner USD (avrundat), och noterar att den minskade utdelningen för 2019 om 1,00 USD per aktie godkändes för att upprätthålla finansiell försiktighet och ge flexibilitet avseende likviditeten utifrån då rådande marknadsförhållanden. Den föreslagna utdelningen för 2020 kommer att utbetalas i kvartalsvisa delbetalningar om 0,45 USD per aktie, motsvarande 128 miljoner USD (avrundat). Före varje utbetalningstillfälle kommer den kvartalsvisa utdelningen om 0,45 USD per aktie att omvandlas till ett belopp i SEK, samt utbetalas i...
UAE Oil Storage Terminal Market to Exhibit 2.6% CAGR by 2027 Backed by Growing Chemical Industry, says Fortune Business Insights™
Written by Customer Service on . Posted in Mergers And Acquisitions.
Pune, Jan. 27, 2021 (GLOBE NEWSWIRE) — The UAE oil storage terminal market size is expected to reach USD 541.97 million by 2027 while exhibiting a CAGR of 2.6% between 2020 and 2027. This is attributable to the increasing oil trade activities and the growing chemical sector that is likely to propel the demand for the UAE oil storage terminal. This information is published by Fortune Business Insights in its latest report, titled, “UAE Oil Storage Terminal Market Size, Share and COVID-19 Impact Analysis By Type (Strategic Reserve and Commercial Reserve), By Tank Type (Fixed Roof, Floating Roof, Bullet Tank, and Spherical Tank), By Product (Diesel, Petrol, Aviation Fuel, Crude Oil, Kerosene, and Others) and Regional Forecasts, 2020-2027.” The report further observes that the market stood at USD 115.51 million in 2019 and is expected...
Solar Alliance Signs Contract with LG&E and KU for Additional 500-kW Solar Project
Written by Customer Service on . Posted in Public Companies.
TORONTO and KNOXVILLE, Tenn., Jan. 27, 2021 (GLOBE NEWSWIRE) — Solar Alliance Energy Inc. (‘Solar Alliance’ or the ‘Company’) (TSX-V: SOLR) is pleased to announce it has signed a contract with Louisville Gas and Electric Company and Kentucky Utilities Company (“LG&E and KU”), part of the PPL Corporation (NYSE: PPL) family of companies, to build an additional 500-kilowatt (“kW”) phase of a solar system in Kentucky. On November 9th, Solar Alliance announced it had signed a contract for a 500-kW system that included an option for LG&E and KU to select Solar Alliance to build an additional 500-kW system at the same location. LG&E and KU exercised that option, and Solar Alliance will now build a combined 1-megawatt (“MW”) project for the customer. The two phases will be built simultaneously, and construction will commence...
Hot Runners for Transportation & Logistics Market to Reach USD 132 Million by 2027; Improving Road Connectivity in Emerging and Developed Countries to Support Development, states Fortune Business Insights™
Written by Customer Service on . Posted in Mergers And Acquisitions.
Pune, Jan. 27, 2021 (GLOBE NEWSWIRE) — The global hot runners for transportation & logistics market size is expected to reach USD 132 million by 2027, exhibiting a CAGR of 4.1% during the forecast period. The heavy demand for smaller molds, micro-molding, and high-cavitation molds for microscopic plastic applications will have an outstanding impact on the global market, states Fortune Business Insights, in a report, titled “Hot Runners for Transportation & Logistics Market Size, Share & Covid-19 Impact Analysis, By Type (Open Gate Hot Runners and Valve Gate Hot Runners), By Application (Garbage Bins, Plastic Pallets, Big Containers, Foldable Crates, and Others), and Regional Forecast, 2020-2027.” The market size stood at USD 132 million by 2027.The coronavirus incident has caused colossal loss to several industries...
New Vishay Intertechnology SMD MLCCs Offer Lead (Pb) Bearing Termination Finishes
Written by Customer Service on . Posted in Public Companies.
MALVERN, Pa., Jan. 27, 2021 (GLOBE NEWSWIRE) — Vishay Intertechnology, Inc. (NYSE: VSH) today introduced a new series of surface-mount multilayer ceramic chip capacitors (MLCCs) with a lead (Pb)-bearing termination finish suitable for low Earth orbit (LEO) satellites and other space, military, and avionics applications requiring tin whisker mitigation. Operating temperatures can be as high as +150 °C.The Vishay Vitramon VJ….32 Lead-Bearing Finish series offers a termination finish with a minimum lead (Pb) content of 4 %. Previously, the option for lead (Pb)-bearing termination finishes was reserved for more expensive Hi-Rel devices. The MLCCs released today provide designers with a cost-effective alternative for aerospace systems in which tin whiskers must be avoided but space-level reliability isn’t required.Manufactured...
CareRx Announces Increase in Bought Deal Financing to $13 Million
Written by Customer Service on . Posted in Public Companies.
THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES.TORONTO, Jan. 27, 2021 (GLOBE NEWSWIRE) — CareRx Corporation (“CareRx” or the “Company”) (TSX: CRRX), Canada’s leading provider of specialty pharmacy services to seniors, is pleased to announce that it has entered into an amended agreement pursuant to which Eight Capital and Cormark Securities Inc., as co-lead underwriters and joint bookrunners, together with a syndicate of underwriters (collectively, the “Underwriters”), have now agreed to purchase on a “bought deal” basis 3,059,000 common shares of the Company (the “Shares”) at a price of $4.25 per Share (the “Issue Price“) for aggregate gross proceeds to CareRx of $13,000,750 (the “Offering”).The Company...
Data Center Infrastructure Market to Hit $142.31 Bn by 2027; Soaring Demand for Cloud Computing Technologies to Favor Market Growth: Fortune Business Insights™
Written by Customer Service on . Posted in Mergers And Acquisitions.
Pune, Jan. 27, 2021 (GLOBE NEWSWIRE) — The global data center infrastructure market size is projected to reach USD 142.31 billion by 2027, exhibiting a CAGR of 5.5% during the forecast period. Expanding utilization of data centers by companies amid the COVID-19 pandemic is fueling the growth of this market, shares Fortune Business Insights™ in its report, titled “Data Center Infrastructure Market Size, Share & COVID-19 Impact Analysis, By Component (Solutions, Services), and Regional Forecast, 2020-2027”. With work from home becoming a normal practice for most organizations due to the coronavirus, the adoption of data center infrastructures among enterprises has spiked since the pandemic erupted. These systems are enabling companies to effectively utilize cloud computing technologies and ensure the productivity of employees...