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Day: November 23, 2022

Awilco Drilling PLC: Change of listing and Notice for Extraordinary General Meeting

After the sale of the WilHunter and the WilPhoenix, the operations of Awilco Drilling PLC (the “Company”) consist only of the arbitration proceedings against Keppel FELS. In light of this, the board of directors has concluded that the listing of the Company’s shares should be transferred from the Main List of the Oslo Stock Exchange to Euronext Growth Oslo. Accordingly, Awilco Drilling has today initiated a process towards an admission of its shares to trading on Euronext Growth Oslo. The transfer of the listing is expected to be completed during December 2022. At the same time, Awilco Drilling convenes an extraordinary general meeting to authorize an application for a de-listing from the Main List of the Oslo Stock Exchange. The extraordinary general meeting will be held on 8 December 2022 at 12:00 noon (UK time). Notice...

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Flex LNG – Announce extension of Time Charters for three ships with Cheniere

Hamilton, Bermuda. November 23, 2022 Flex LNG – Announce extension of Time Charters for three ships with Cheniere Flex LNG, Ltd. (“Flex LNG” or the “Company”) (OSE/NYSE: FLNG) is pleased to announce an extension of the Time Charter Agreements with Cheniere Marketing International LLP (“CMI”) for the three LNG carriers Flex Endeavour, Flex Ranger and Flex Vigilant. Prior to this agreement, the three ships have about 6 years in aggregate of remaining firm charter period, and the new agreement extends the charter periods for up to an additional 19 years in aggregate. Under the agreement, CMI early declares the original 1+1-year optional periods for all the three vessels. Additionally, Flex LNG and CMI have agreed to an extension of the existing Time Charter Agreements for Flex Endeavour and Flex Vigilant. The new period is for up to...

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Floating Wind Power Market Size Worth USD 15.64 Billion, Globally, by 2029 at 56.5% CAGR: Fortune Business Insights™

The floating wind power market was valued USD 0.29 billion in 2021. The global market size is projected to reach USD 15.64 billion by 2029; it is estimated to grow at a CAGR of 56.5% from 2022 to 2029. Pune, India, Nov. 23, 2022 (GLOBE NEWSWIRE) — The global floating wind power market size is expected to grow from USD 0.68 billion in 2022 and is projected to reach USD 15.64 billion by 2029, exhibiting a CAGR of 56.5% during the forecast period from 2022-2029. This information is provided by Fortune Business Insights, in its report, titled, “Floating Wind Power Market, 2022-2029.” According to our analysts, strong demand for floating wind installation will complement the prevalence of advanced technologies and turnkey solutions. Prominently, the green energy target has augured well for the industry outlook as end-users have exhibited...

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Hair Removal Products Market to Hit USD 4.94 Billion by 2027 | Industry to Generate 4.3% CAGR during (2020-2027)

Companies covered in Hair Removal Products Market are Cynosure, LLC. (Westford, MA, USA), Solta Medical, Inc (Bothell, Washington, USA), Lumenis (Yokne’am Ilit, Tsafon,Israel), Alma Lasers International (Israel), Candela Corporation( Wayland, Massachusetts, USA), Venus Concept (Toronto, Ontario, Canada), Hologic, Inc (Marlborough, MA, USA), Braun GmbH (Germany), Koninklijke Philips N.V., (Amsterdam, Netherlands), Samsung Electronics Co Ltd (Seoul, South Korea), and more players profiled. Pune, India, Nov. 23, 2022 (GLOBE NEWSWIRE) — According to Fortune Business Insights™, the global hair removal products market size is expected to showcase a significant growth by reaching USD 4.94 billion by 2027 while exhibiting a CAGR of 4.3% between 2020 and 2027. This is attributable to the increasing awareness regarding personal...

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MiniLuxe Reports Financial Results for the Third Quarter and First Three Quarters of 2022

Reported figures in U.S. Dollars Reports 34% YOY Revenue Growth Through Q3 2022 TORONTO, Nov. 22, 2022 (GLOBE NEWSWIRE) — MiniLuxe Holding Corp. (TSXV: MNLX) today announced its financial results for the 13 weeks ended September 25, 2022 (“Q3 2022”) and the 39 weeks ended September 25, 2022 (“YTD Q3 2022”). The fiscal year of MiniLuxe is a 52-week reporting cycle ending on the Sunday closest to December 31, which periodically necessitates a fiscal year of 53 weeks. All of the fiscal years referred to in this release consist of 52-week periods and all quarters referred to in this release consist of 13-week periods. Unless otherwise specified, all amounts are reported in U.S. dollars. MiniLuxe is pleased to announce that this quarter represented another period of continued momentum and progress towards its vision of empowering nail...

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b1BANK Names Jerry Vascocu as Chief Administrative Officer

BATON ROUGE, La. , Nov. 22, 2022 (GLOBE NEWSWIRE) — Jude Melville, president and CEO of b1BANK, announced N. Jerome “Jerry” Vascocu, Jr. as Chief Administrative Officer for Business First Bancshares, Inc. (NASDAQ: BFST) and b1BANK. Vascocu will be the first chief administrative officer for the bank. He has over twenty-seven years of banking experience, most recently serving as director of commercial banking strategy for First Horizon Bank. “The b1 culture appeals to a growing number of highly talented individuals within the banking industry, and I look forward to welcoming one of those impactful leaders, Jerry Vascocu, to our team,” said Melville. “As we grow in the present, our horizons expand in the future. Jerry will help guide our efforts to explore and execute upon those opportunities as a member of our executive team while...

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Madison Pacific Properties Inc. announces the results for the year ended August 31, 2022

VANCOUVER, British Columbia, Nov. 22, 2022 (GLOBE NEWSWIRE) — Madison Pacific Properties Inc. (the Company) (TSX: MPC and MPC.C), a Vancouver-based real estate company announces the results of operations for the year ended August 31, 2022. The results reported are pursuant to International Financial Reporting Standards (IFRS) for public companies. For the year ended August 31, 2022, the Company is reporting net income of $65.4 million (2021: $53.6 million); cash flows from operating activities before changes in non-cash operating balances of $9.3 million (2021: $10.4 million); and income per share of $1.07 (2021: $0.86). Included in net income is an after-tax net gain from the fair value adjustment on investment properties of $36.4 million (2021: $39.1 million). The Company currently owns approximately $765 million in investment...

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Partners Value Investments L.P. Announces Q3 2022 Interim Results

TORONTO, Nov. 22, 2022 (GLOBE NEWSWIRE) — Partners Value Investments L.P. (the “Partnership” TSX: PVF.UN TSX:PVF.PR.U) announced today its financial results for the three months ended September 30, 2022. All amounts are stated in US dollars. The Partnership recorded net income of $51.0 million for the quarter ended September 30, 2022, compared to net income of $9.7 million in the prior year quarter. The increase in income was primarily driven by higher foreign currency gains related to the Partnership’s preferred shares and corporate borrowings and tax recoveries in the current period. Income of $49.3 million was attributable to the Equity Limited Partners ($0.61 per Equity LP unit) and income of $1.7 million was attributable to Preferred Limited Partners. The market price of a Brookfield Asset Management Inc. (“Brookfield”)...

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Partners Value Investments Inc. Announces Q3 2022 Interim Results

TORONTO, Nov. 22, 2022 (GLOBE NEWSWIRE) — Partners Value Investments Inc. (the “Company”, TSX: PVF.WT) announced today its financial results for the three months ended September 30, 2022. All amounts are stated in US dollars. The Company generated net income of $343.9 million for the three months ended September 30, 2022 compared to a net loss of $269.0 million in the prior year quarter. The increase in net income was primarily due to remeasurement gains of $214.3 million during the quarter relating to the Company’s retractable common shares, compared to remeasurement losses of $239.2 million in the prior year quarter. The Company’s retractable common shares are classified as liabilities due to their exchangeable feature equivalent to a Partners Value Investments L.P (the “Partnership”) unit, therefore the remeasurement gains or...

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