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Month: February 2021

Idorsia reports results in relation to the Axovan arbitration – claim dismissed by Arbitral Tribunal

Allschwil, Switzerland – February 2, 2021Idorsia Ltd (SIX: IDIA) today reported the results of an arbitration proceeding between Actelion Ltd (“Actelion”) and the assignee of certain former Axovan shareholders (the “Claimant”) claiming that the acquisition of Actelion by Johnson & Johnson and/or the Demerger triggered the accelerated payment of all outstanding milestones mainly relating to clazosentan (the “Claim”).Idorsia was notified that the Claim had been dismissed by the Arbitral Tribunal in its final award dated February 1, 2021.Idorsia remains fully committed to developing and commercializing clazosentan and to paying any milestones, if and when due.Further commentary will be given during the company’s full year financial results 2020 webcast and conference call which is scheduled for Thursday, February 4, 2021 at 14:00 CET...

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Key information relating to the cash dividend proposed to be paid by Scatec ASA

Oslo, 2 February 2021: In line with the dividend policy, the Board of Directors have resolved to propose to the Annual General Meeting of Scatec ASA, that a dividend of NOK 1.09 should be paid for 2020.The following key dates for the dividend are proposed by the Board of Directors:Dividend amount: NOK 1.09 per shareDeclared currency: NOKLast day including right: 20 April 2021Ex-date: 21 April 2021Record date: 22 April 2021Payment date: 7 May 2021Date of approval: 20 April 2021This information is published in accordance with the requirements of the Continuing Obligations.For further information, please contact:Ingrid Aarsnes, VP Communication & IRtel: +47 950 38 364, ir@scatec.com About Scatec ASA: Scatec is a leading renewable power producer, delivering affordable and clean energy worldwide. As a long- term player, Scatec develops,...

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GCGC Launches Global Crypto Mining Initiative

Singapore, January 28, 2021 — GCGC Investments Ltd is pleased to announce the launch of its global mining initiative which utilizes blockchain technology and DeFi (decentralized finance) architecture. This combines the centuries-old mining industry with emerging technology to form a decentralized financial ecosystem geared towards disrupting financial intermediaries. “The global system of commodities and mineral resources is the foundation for production around the world,” states Jonathan Shek, CEO of GCGC. “Advances in technology have now created an urgent need to transform the very fabric of the trading and financial services systems linked to our systems of production. At GCGC, we combine the best in economic fundamentals with the latest technology to create a better way to trade, get access to financial services, and transform...

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SDAX receives Approval-in-Principle (AIP) from Monetary Authority of Singapore for RMO License

Singapore, 1 Feb 2021 – Digiassets Exchange (Singapore) Pte. Ltd. (“SDAX”) has received an Approval-in-Principle (“AIP”) from the Monetary Authority of Singapore (“MAS”) to operate a digital asset exchange. SDAX is an institutional grade digital asset trading platform which uses superior blockchain technology to simplify and speed up traditional exchange processes, opening new fundraising and investment opportunities. Backed by a strong team with a proven track record, SDAX is guided by an experienced Board of Directors with the support of an Advisory Panel. The team behind SDAX has deep expertise and experience across regulatory, legal, capital markets, blockchain and exchange operations. SDAX Chairman, Mr Khoo Boon Hui, said, “With the AIP from MAS, SDAX is now in a strong position to attract asset owners, accredited investors and institutional...

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Start The New Year With Hero FinCorp 4 Wheeler Loan

2020 has been difficult for all of us. For many, life has gone back to normal to some extent while for many others it remains the same. While the new normal has changed, it is time to resume work and business. If you have to start commuting to work, it is best to invest in a vehicle of your own. Public transport is no longer safe and there are restrictions on them. Hence, ensure your safety and bring home a brand new four wheeler with the Hero FinCorp 4 wheeler loan. You might have been thinking about buying a four wheeler but the biggest constraint is finance. Cars do not come cheap and not everyone has adequate funds to purchase them for cash. This is where Hero FinCorp makes all the difference. Hero FinCorp is highly reliable in the industry and is trusted by many. They have a presence across the length and breadth of the country. You...

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Scatec ASA fourth quarter 2020: Building a global renewable company

Oslo, 2 February 2021: In fourth quarter 2020, Scatec Solar’s proportionate revenues was NOK 497 million (1,643) with EBITDA of NOK 223 million (434) and associated EBITDA margin of 45%. Power production reached 407 GWh, an increase of 37% from the same quarter last year.Power Production delivers an EBITDA growth of 44% for the full year 2020 compared to 2019 as the portfolio of power plants in operations continue to grow with two new plants grid connected during fourth quarter. All main activities related to the current construction portfolio was completed earlier in 2020, resulting in limited Development & Construction revenues in the fourth quarter. A consequence of this changed segment mix, is an EBITDA margin of 46% for the Group compared to 25% in 2019.“We continue to deliver stable power production and are further growing...

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Nyxoah and Vanderbilt University enter exclusive licensing agreement regarding next generation neurostimulation technologies to treat Obstructive Sleep Apnea (OSA)

PRESS RELEASENyxoah and Vanderbilt University enter exclusive licensing agreement regarding next generation neurostimulation technologies to treat Obstructive Sleep Apnea (OSA)Mont-Saint-Guibert, Belgium – 2nd February, 2021 – Nyxoah SA (Euronext: NYXH) (“Nyxoah” or the “Company”), a health-technology company focused on the development and commercialization of innovative solutions and services to treat Obstructive Sleep Apnea (OSA), today announces the Company has signed an exclusive license agreement with Vandebilt University, Nashville – TN, USA.The agreement allows Nyxoah to further develop new neurostimulation technologies for the treatment of sleep disordered breathing conditions that were invented by Dr. David T. Kent. New treatments will focus, among others, on stimulating the ansa cervicalis, the efferent fiber of the glossopharyngeal...

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Nyxoah et la Vanderbilt University ont signé un accord de licence exclusif concernant les technologies de neurostimulation de nouvelle génération pour le traitement du Syndrome d’Apnées Obstructives du Sommeil (SAOS)

COMMUNIQUÉ DE PRESSENyxoah et la Vanderbilt University ont signé un accord de licence exclusif concernant les technologies de neurostimulation de nouvelle génération pour le traitement du Syndrome d’Apnées Obstructives du Sommeil (SAOS).Mont-Saint-Guibert, Belgique – 2 février 2021 – Nyxoah SA (Euronext : NYXH) (« Nyxoah » ou « la Société »), opère dans le secteur des technologies de la santé et se concentre sur le développement et la commercialisation de solutions et de services visant à traiter le Syndrome d’Apnées Obstructives du Sommeil (SAOS). Elle annonce aujourd’hui la signature d’un accord de licence exclusif avec Vanderbilt University de Nashville, Tennessee (États-Unis).L’accord permet à Nyxoah de développer de nouvelles technologies de neurostimulation pour le traitement des troubles respiratoires du sommeil,...

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ForFarmers closes acquisition De Hoop Mengvoeders

 Lochem, 2 February 2021                                  The new combination shall be managed by Michiel Schreurs, Director Poultry ForFarmers Netherlands, together with the previous owner of De Hoop Mengvoeders, Gert-Jan Buunk, who will be responsible for the broiler sector.Caroline Vogelzang, Director Investor RelationsT: 0031 573 288 000   M: 0031 6 10 94 91 61E: caroline.vogelzang@forfarmers.euAbout ForFarmers N.V.ForFarmers N.V. is an international organisation that offers complete and innovative feed solutions for livestock farming. With its “For the Future of Farming” mission, ForFarmers is committed to the continuity of farming and further sustainalising the agricultural sector.ForFarmers is the market leader in Europe with annual sales of 10.1 million tonnes of animal feed. The company is operating in the Netherlands, Germany,...

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ForFarmers rondt overname De Hoop Mengvoeders af

 Lochem, 2 februari 2021                                   ForFarmers rondt overname De Hoop Mengvoeders afForFarmers neemt de aandelen in de mengvoer- en de transportactiviteiten over van De Hoop Mengvoeders, inclusief de fabriek en aanpalend onroerend goed. De overnameprijs bestaat uit een vast bedrag van €23 miljoen en een conditionele betaling van maximaal €17 miljoen, afhankelijk van het behalen van overeengekomen doelstellingen voor de gezamenlijke nieuwe organisatie. Het vaste bedrag wordt nu, bij de afronding, in contanten betaald. De conditionele betaling vindt eventueel in 2023 plaats.De maximale overnameprijs houdt rekening met de bestaande marktomstandigheden en is bepaald op een multiple (op EBITDA) die past binnen de historische bandbreedte die ForFarmers voor acquisities heeft betaald.De nieuwe combinatie zal worden geleid...

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