Month: February 2022

Moringa Products Market to Worth USD 14.80 Billion by 2021-2028 | Moringa Products Industry Registering CAGR of 9.63%

Written by Customer Service on February 28, 2022. Posted in Mergers And Acquisitions.

Companies covered in the moringa products market are Aayuritz Phytonutrients Pvt. Ltd. (Gujarat, India), Botanica Natural Products (Limpopo, South Africa), Organic India (Lucknow, India), Moringa Connect (Accra, Ghana), Earth Expo Company (Gujarat, India), Moringa Malawi (Blantyre Malawi), Saipro Biotech Private Ltd. (Maharashtra, India), Ancient GreenFields Pvt. Ltd. (Tamil Nadu, India), Herbs & Crops Overseas (Ahmedabad, India) and others. Pune, India, Feb. 28, 2022 (GLOBE NEWSWIRE) — The global moringa products market size amounted to USD 7.08 billion in 2020. The market value is slated to increase from USD 7.79 billion in 2021 to USD 14.80 billion in 2028 at a CAGR of 9.63% over the projected timeframe. Increasing public awareness toward the health benefits of drumsticks is a key factor driving the market growth. Rising...

Ackermans & van Haaren realised a record result of 407 million euros over the full year 2021

Written by Customer Service on February 28, 2022. Posted in Earnings Releases And Operating Results.

Dear shareholder, Dear Madam, Dear Sir,Ackermans & van Haaren realised a record result of 407 million euros over the full year 2021. Excellent results of the companies across the whole AvH group support this impressive result, which also surpasses that of pre-COVID year 2019 (despite the substantial capital gains realised in that year). A substantial increase (+17%) of the dividend to 2.75 euros per share is proposed to the general meeting of shareholders.“I am extremely proud of the record result of 407 million euros that the group realised in the still volatile pandemic year 2021. Moreover, this result is almost entirely recurrent, and all segments contributed to the increase. The banks continue to be the largest profit engine of the group with record inflows of nearly 5.6 billion euros. With an order backlog of 5.9...

Inbank Unaudited Financial Results for Q4 and Full Year 2021

Written by Customer Service on February 28, 2022. Posted in Earnings Releases And Operating Results.

In Q4 2021 Inbank earned a net profit of 2.9 million euros and the 2021 annual profit reached 11.0 million euros. The annual profit grew by 86% and return on equity was 15.6%. Inbank’s loan portfolio increased by 50% annually reaching 605 million euros. At the same time, the deposit portfolio grew 58%, reaching 618 million euros at year-end. Total sales for Q4 was 141 million euros showing an increase of 58% compared to Q4 of the previous year. Growth was driven by the Polish business unit that has increased its sales by 119% and contributed 67 million euros to total sales. Annual total sales for 2021 was 498 million euros showing an increase of 66% compared to 2020. Growth was driven by sales finance, which amounted to almost 359 million euros or 74% more than a year earlier. Of the markets, Poland grew the fastest as expected,...

Moody’s Investors Service upgrades senior unsecured rating of CNH Industrial N.V. from Baa3 to Baa2

Written by Customer Service on February 28, 2022. Posted in Public Companies.

London, February 28, 2022 CNH Industrial (NYSE: CNHI / MI: CNHI), announces that on February 25, 2022, Moody’s Investors Service upgraded the senior unsecured rating of CNH Industrial N.V. and its subsidiaries CNH Industrial Capital LLC, CNH Industrial Finance Europe S.A., CNH Industrial Capital Australia Pty. Limited and CNH Industrial Capital Canada Ltd. from Baa3 to Baa2. The outlook is stable. CNH Industrial (NYSE: CNHI / MI: CNHI) is a world-class equipment and services company. Driven by its purpose of Breaking New Ground, which centers on Innovation, Sustainability and Productivity, the Company provides the strategic direction, the Company provides the strategic direction, R&D capabilities, and investments that enable the success of its five core Brands: Case IH, New Holland Agriculture and STEYR, supplying 360° agriculture...

Society Pass (SoPa) Adds Vietnam’s Handycart To Its Next-Generation Digital Ecosystem and Loyalty Platform

Written by Customer Service on February 28, 2022. Posted in Mergers And Acquisitions.

Hanoi, Feb. 27, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — Society Pass Incorporated (SoPa) (Nasdaq: “SOPA”), a leading Southeast Asian data-driven loyalty platform today, announced that it has acquired Dream Space Trading Company Limited (“Dream Space”), the operator of Handycart, a leading online grocery delivery service based in Hanoi, Vietnam. The newly acquired company will be integrated into SoPa’s F&B delivery vertical with SoPa’s existing merchant software platform #HOTTAB. Handycart founder and CEO, Seo Jun Ho, has been named Head of the new Business Unit managing both Handycart and #HOTTAB in Vietnam. Founded in 2019, Handycart is an online grocery delivery app with its own fleet of delivery vehicles that focuses on servicing the Korean restaurant market and F&B sector in Hanoi. Korean food and pop culture...

NIO Inc. Announces Proposed Secondary Listing on the Stock Exchange of Hong Kong

Written by Customer Service on February 27, 2022. Posted in Public Companies.

SHANGHAI, China, Feb. 27, 2022 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today announced the proposed secondary listing of its Class A ordinary shares, par value US$0.00025 per share (the “Shares”) by way of introduction on the Main Board of The Stock Exchange of Hong Kong Limited (the “SEHK”). The Company’s American depositary shares (the “ADSs”), each representing one Share, will continue to be primarily listed and traded on the New York Stock Exchange (the “NYSE”). The Company has received a letter of in-principle approval to the listing application from the SEHK on February 28, 2022 (Beijing/Hong Kong Time) for the listing of the Shares on the Main Board of the SEHK. The listing document relating to the proposed secondary listing...

Equinor to start exiting from Joint Ventures in Russia

Written by Customer Service on February 27, 2022. Posted in Public Companies.

Equinor’s (OSE: EQNR, NYSE: EQNR) Board of Directors has decided to stop new investments into Russia, and to start the process of exiting Equinor’s Russian Joint Ventures. “We are all deeply troubled by the invasion of Ukraine, which represents a terrible setback for the world, and we are thinking of all those who are suffering because of the military action,” says Anders Opedal, President and CEO of Equinor. Early this week Equinor will present a commitment to contribute funding to the humanitarian effort in the region. “In the current situation, we regard our position as untenable. We will now stop new investments into our Russian business, and we will start the process of exiting our joint ventures in a manner that is consistent with our values. Our top priority in this difficult situation is the safety and security of our people,”...

Perseus Enters Into Agreement to Acquire Orca Gold Inc.

Written by Customer Service on February 27, 2022. Posted in Mergers And Acquisitions.

PERTH, Western Australia, Feb. 27, 2022 (GLOBE NEWSWIRE) — Perseus Mining Limited (“Perseus” or the “Company”) (ASX/TSX:PRU) is pleased to announce that it has entered into a definitive agreement (the “Arrangement Agreement”) with Orca Gold Inc. (“Orca”) (TSXV: ORG) to acquire all of the outstanding common shares of Orca (the “Orca Shares”) not already owned by Perseus. The acquisition will be by way of a statutory plan of arrangement under the Canada Business Corporations Act (the “Orca Acquisition” or “Arrangement”). HIGHLIGHTSPerseus currently owns 15% of the Orca Shares and the holders of the other outstanding Orca Shares have been offered 0.56 Perseus shares for every Orca Share held. Based on Perseus’s last closing price1, Perseus’s offer implies consideration of approximately C$0.896 per Orca Share representing a premium...

Silvano Fashion Group Consolidated Interim Financial Report for Q4 and 12m of 2021 (unaudited)

Written by Customer Service on February 27, 2022. Posted in Public Companies.

Selected Financial Indicators Summarized selected financial indicators of the Group for 12 months of 2021 compared to 12 months of 2020 and 31.12.2021 compared to 31.12.2020 were as follows:in thousands of EUR 12m 2021 12m 2020 ChangeRevenue 46 686 38 479 21.3%Gross Profit 25 410 23 209 9.5%Operating profit 13 005 10 544 23.3%EBITDA 16 242 14 111 15.1%Net profit for the period 9 924 1 667 495.3%Net profit attributable equity holders of the Parent company 9 031 1 347 570.5%Earnings per share (EUR) 0.25 0.04 525.0%Operating cash flow for the period 12 996 6 356 104.5% in thousands of EUR 31.12.2021 31.12.2020 ChangeTotal assets 53 753 42 256 27.2%Total current assets 40 331 29 597 36.3%Total...

Final Regulatory Approval Received for Newcrest Acquisition of Pretivm

Written by Customer Service on February 27, 2022. Posted in Mergers And Acquisitions.

VANCOUVER, British Columbia, Feb. 27, 2022 (GLOBE NEWSWIRE) — Pretium Resources Inc. (TSX/NYSE: PVG) (“Pretivm” or the “Company”) today announced that all regulatory approvals required to close the previously announced acquisition of the Company by Newcrest Mining Limited (ASX/TSX/PNGX: NCM) (“Newcrest”) by way of a plan of arrangement (the “Transaction”) have now been received. The receipt of approval under the Investment Canada Act on February 25, 2022 was the final regulatory approval required to close the Transaction and the Transaction is expected to be completed on or about March 9, 2022, subject to the fulfillment of the other customary closing conditions to the Transaction. Following completion of the Transaction, Pretivm expects to cease to be a reporting issuer and that its shares will be delisted from the Toronto Stock...

Month: February 2022

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