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Month: May 2021

BioNTech to Establish Regional Headquarters for South East Asia and First mRNA Manufacturing Facility in Singapore

BioNTech to establish first regional hub in Asia Pacific region in Singapore Planned state-of-the-art manufacturing site will support global supply of mRNA-based vaccines and therapeutics and provide a rapid response capability for south east Asia against potential future pandemic threats    Expansion plan supported by the Singapore Economic Development Board (EDB) MAINZ, GERMANY, May 10, 2021 — BioNTech SE (Nasdaq: BNTX, “BioNTech” or “the Company”) today announced plans to expand its global footprint to Asia with the establishment of its Regional Headquarters for south east Asia in Singapore. In addition to selecting Singapore as its future regional headquarters, BioNTech plans to establish a fully integrated mRNA manufacturing facility in Singapore with support from the Singapore Economic Development Board. The new facility will...

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Announcement of the cryptocurrency The Transfer Tokens (TTT) migration to a DeFi token protocol.

Atom Solutions Co., Ltd. (hereinafter referred to as Atom Solutions), developers of the cryptocurrency trading and overseas remittance platform “Eternal Wallet”, has announced that its in-house developed token, The Transfer Token, will migrate to a DeFi token protocol. The Transfer Token (hereinafter referred to as TTT) is a token issued by Atom Solutions. The most exceptional feature is that by holding and lending TTT on our platform “Eternal Wallet”, developed alongside TTT, users are eligible for gaining dividends distribution. Regarding the dividend distribution within the wallet, during an open beta test conducted from January through February, Atom Solutions recorded the below values:・In the case of holding TTT within Eternal Wallet: 98% yearly・In the case of lending out TTT into The Pool within Eternal Wallet: 218% yearly The migration...

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Steve Muehler – Equity Capital Markets – Hybrid Equity Securities

According to Steve Muehler, “The Equity Capital markets, including common shares and preferred shares, totaled approximately just over $228 Billion USD before the COVID-19 Pandemic hit, and now that the Pandemic is now seeming to be winding down a bit here in the United States, we see lots of movement in the market to more ‘hybrid’ classes of securities that combine elements of debt securities, mainly collateralized, with equity securities.” “These ‘hybrids’ as we refer to them generally contain convertible debt securities, convertible preference shares, and capital notes that have both the debt element and an equity element associated with them. These types of securities tend to offer a higher return than the pure fixed income securities, such as bonds, but a lower return than pure variable income securities, such as equities. These ‘hybrids’...

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InterCure Announces Preliminary First Quarter Record Financial Results

Revenues expected to reach a record NIS 33 million (over CAD$12 million) Revenue growth of 8 times YoY and increased more than 22% sequentially Continued increase in operating profit, EBITDA and net profit Revenue growth expected to continue in Q2 and throughout 2021 CAD $68 million raised by successful completion of the SPAC merger InterCure continues to execute its profitable growth and global expansion strategy, and expects to list on the Nasdaq by the end of Q2 HERZLIYA, Israel, May 09, 2021 (GLOBE NEWSWIRE) — InterCure Ltd. (TSX: INCR:U, TASE: INCR)(dba Canndoc)(the “Company”) today announced preliminary financial results for the first quarter of 2021. Preliminary First Quarter 2021 HighlightsRecord revenue expected to be an estimated NIS 33 million, 8 times greater than Q1 2020 and an increase of more than 22% compared...

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Select Interior Concepts to Sell Its RDS Segment to Interior Logic Group for $215 Million

$215 million purchase price provides attractive valuation for RDS and to shareholders Transforms balance sheet to debt-free, strong net cash position providing significant financial flexibility Concentrates efforts on maximizing value in the stone and tile distribution market and expands margin profileATLANTA, May 09, 2021 (GLOBE NEWSWIRE) — Select Interior Concepts, Inc. (NASDAQ: SIC), a premier installer and distributor of interior building products, today announced that it has entered into a definitive agreement to sell its Residential Design Services segment (“RDS,”) in an all-cash transaction to Interior Logic Group (“ILG”), a portfolio company of Blackstone. The transaction is valued at approximately $215 million, subject to customary purchase price adjustments, and is expected to close mid-2021, subject to customary closing...

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Capgemini Press Release // Capgemini to acquire Multibook’s SAP services business in Japan and South East Asia

Good morning, Please find below the press release issued today. Best regards, ____________________________________________________________________ Marishka MartinsGroup PR Consultant  Capgemini India | Mumbaiwww.capgemini.com Tel.: +91 9930835325 Email: marishka.martins@capgemini.com_____________________________ Capgemini to acquire Multibook’s SAP services business in Japan and South East Asia The acquisition of Multibook’s SAP arm will enable Capgemini to help more clients in Japan and beyond accelerate their business transformation to the cloud. It supports the Group’s growth ambition in the Asia-Pacific region Paris, Tokyo, May 10, 2021 – Today Capgemini announced that it has signed an agreement for the acquisition of Multibook’s SAP global services line. The acquisition will enable Capgemini to further build its SAP capabilities...

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Telix Commences Phase III Clinical Trial of Prostate Cancer Therapy

MELBOURNE, Australia, May 09, 2021 (GLOBE NEWSWIRE) — Telix Pharmaceuticals Limited (ASX: TLX, Telix, the Company) today announces it has been granted Human Research Ethics Committee (HREC) approval and received Clinical Trial Notification (CTN) clearance by the Australian Therapeutic Goods Administration (TGA) to commence a Phase III clinical trial of the Company’s PSMA1 targeted prostate cancer therapy candidate TLX591 (177Lu-DOTA-rosopatamab), in patients with advanced metastatic castrate-resistant prostate cancer (mCRPC). The Phase III “ProstACT” trial is an international, multi-centre, randomised controlled trial (RCT) in patients with PSMA-expressing mCRPC, experiencing disease progression following prior treatment with a novel androgen axis drug (NAAD). The ProstACT trial will enrol approximately 390 patients and incorporates...

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Laredo Petroleum Announces Transformative Transactions

Acquisition of High-Margin, Oil-Weighted Howard County Leasehold Divestiture of Gas-Weighted Reserves in Reagan/Glasscock Counties TULSA, OK, May 09, 2021 (GLOBE NEWSWIRE) — Laredo Petroleum, Inc. (NYSE: LPI) (“Laredo” or the “Company”) today announced the signing of a purchase and sale agreement to acquire the assets of Sabalo Energy, LLC (“Sabalo”), a portfolio company of EnCap Investments L.P. (“EnCap”), and a non-operating partner for approximately $715 million, subject to customary closing price adjustments, comprised of $625 million in cash and approximately 2.5 million shares of Laredo common equity. Additionally, the Company announced the sale of 37.5% of its operated proved developed producing (“PDP”) reserves in its legacy leasehold in Reagan and Glasscock counties...

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NORBIT ASA – Invitation to presentation of results for the first quarter of 2021

Trondheim, Norway, 9 May 2021: NORBIT, a global provider of tailored technology to carefully selected niches, will announce its results for the first quarter of 2021 on Tuesday 11 May 2021. The results will be available from 07:00 am CET at the company’s homepage, www.norbit.com and Oslo Stock Exchange’s news site, www.newsweb.no. CEO Per Jørgen Weisethaunet and CFO Per Kristian Reppe will present the results from 10:00 through a webinar hosted by Pareto Securities. Access and dial-in details will be made available on: https://norbit.com/investors/overview/. For more information, please contact:Per Jørgen Weisethaunet, CEO, +47 959 62 915Per Kristian Reppe, CFO, +47 900 33 203 About NORBIT ASANORBIT is a global provider of tailored technology to carefully selected niches. The company’s business is structured to address its...

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Dogecoin Is Now Bigger Than Infosys, Hindustan Unilever, ICICI & Airtel

⮚ Dogecoin’s explosive rally in 2021 has made the meme-based cryptocurrency worth $90 billion. ⮚ Indian Crypto Exchange, BuyUcoin had listed Dogecoin since late 2017 leading to massive growth in crypto investor portfolios all across India. ⮚ DOGE also became the 4th largest crypto in the world by Market Capitalization replacing Ripple (XRP) for the spot. ⮚ Dogecoin is about to get ranked among the top-100 assets by market cap worldwide. New Delhi, May, 2021: BuyUcoin, India’s second-longest-running cryptocurrency exchange announced today that it has witnessed a 10x jump in Dogecoin trading on its platform during April-May 2021 as compared to last year. The massive surge in trading is seen because of the latest Dogecoin rally which has sparked investor interest across India. Data from the BuyUcoin exchange shows that Dogecoin is up...

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