September 27, 2023 – Page 12

Tryg announces strategic and organisational changes

Written by Customer Service on September 27, 2023. Posted in Public Companies.

Tryg has undergone a transformation in size and geographical footprint in the past few years, following two important acquisitions and a general positive top-line development. The recently enlarged Group is now the biggest non-life insurer in Scandinavia, creating an opportunity to capitalise on this new position of strength. The core business is in good shape and synergies of DKK 547m from the RSA acquisition have been delivered at Q2-2023 in line with the total targeted DKK 900m in Q4 2024. However, the macroeconomic environment across the Group’s Scandinavian markets has changed significantly since the launch of the 2024 strategy in November 2021, including financial targets. The Tryg Group has more than half of its total business in Norway and Sweden, where inflation rates remain high, and currencies have devaluated considerably....

Asia Pacific Wire & Cable Corporation Limited Reports Second Quarter 2023 Financial Results

Written by Customer Service on September 27, 2023. Posted in Earnings Releases And Operating Results.

TAIPEI, Taiwan, Sept. 27, 2023 (GLOBE NEWSWIRE) — Asia Pacific Wire & Cable Corporation Limited (NASDAQ: APWC) (“APWC” or the “Company”), a leading manufacturer of wire and cable products for the telecommunications and electric-power industries in the Asia-Pacific region, today announced the Company’s financial results for the six months ended June 30, 2023. Unless otherwise indicated, all data are reported in U.S. Dollars at the exchange rate prevailing on the date of the event or result reported. First Six Months 2023 Financial Results (Ended June 30, 2023) and 2022 comparative results. First 6 Months 2023 First 6 Months 2022 CHANGE Revenues $ 193.5 million $ 207.4 million (6.7)% Operating (Loss)/Profit $ (2.8) million $ 1.8 million (255.6)% Net Income/(Loss) $ 0.02 million $ (0.3)...

Huize Partners with Dingcheng Life to Launch “Xiao Tao Qi No.2” – A Customized Child Critical Illness Insurance Product

Written by Customer Service on September 27, 2023. Posted in Public Companies.

SHENZHEN, China, Sept. 27, 2023 (GLOBE NEWSWIRE) — Huize Holding Limited, (“Huize”, the “Company” or “we”) (NASDAQ: HUIZ), a leading digital insurance product and service platform for new generation consumers in China, today announced that it has partnered with Dingcheng Life Insurance Company Ltd (“Dingcheng Life”) to launch “Xiao Tao Qi No.2”, the latest child critical illness insurance product offering in the “Xiao Tao Qi” series, which extends coverage to more illnesses and increases the hospitalization allowances for families seeking protection for their children. “Xiao Tao Qi No.2” provides extensive coverage for 190 severe, moderate and mild illnesses (compared to 183 for “Xiao Tao Qi No.1”). It is also distinguished by three key product highlights: (i) for diseases other than those specified in the policy contract as severe,...

CNH Ag Tech wins big at Agritechnica Innovation Awards

Written by Customer Service on September 27, 2023. Posted in Public Companies.

Agritechnica_Innovation_Awards_Gold_Medal CNH brand New Holland Agriculture wins gold medal at Agritechnica Innovation Awards Basildon, September 27, 2023 CNH continues advancing its technology to make farming easier, more efficient, and more sustainable for our customers. This commitment to excellence has been recognized with a host of innovation awards for our Case IH, New Holland and STEYR brands. Collectively, we won five medals at this year’s prestigious Agritechnica Innovation Awards, conferred annually by the DLG German Agricultural Society. New Holland Agriculture took home the show’s only gold medal for the new Twin Rotor Combine Harvester Concept, which will have its world premiere at Agritechnica in November 2023. This new combine is designed to deliver higher performance, reduced grain loss and has more added automation...

Correlate Energy Announces Major Microgrid Deal with Leading Oil and Gas Company in California

Written by Customer Service on September 27, 2023. Posted in Public Companies.

BOISE, Idaho, Sept. 27, 2023 (GLOBE NEWSWIRE) — Correlate Energy Corp. (OTCQB: CIPI) (“Correlate” or the “Company”), a growth-oriented distributed energy company, is excited to announce a significant microgrid project outside of the Los Angeles metro area. The project will be developed for a customer representing one of California’s largest privately-owned oil and gas corporations with an immense energy demand. The client’s operation has a 100MW load spread across multiple locations that seek to reach net zero. This is equivalent to the electricity consumption of approximately 75,000 households. Upon successfully completing underwriting and final permitting, Correlate Energy is forecasted to deploy up to 40MW of solar and storage capacity across twenty sites with an initial phase projected to exceed $23 million. In addition...

Ad hoc announcement: Results of the Extraordinary General Meeting of GAM Holding AG

Written by Customer Service on September 27, 2023. Posted in Public Companies.

27 September 2023 PRESS RELEASE Ad hoc announcement pursuant to Art. 53 Listing Rules: Results of the Extraordinary General Meeting of GAM Holding AG At the Extraordinary General Meeting (“EGM”) held on 27 September 2023, the shareholders of GAM Holding AG approved proposals 1 and 2 regarding the elections to the Board of Directors and the Compensation Committee, but rejected proposals 3 and 4 regarding the creation of conditional capital and the increase of the capital range. The Board of GAM Holding AG is pleased that Rock Investment SAS (“Rock”) announced on 26 September 2023 its intention to provide GAM with a mix of short- and long-term funding up to an increased total of CHF 100 million. Rock is a subsidiary of NJJ Holding, the personal holding company of Xavier Niel, and a member of the NewGAMe investor group that controls...

Nortem BioGroup starts trading on Euronext Paris at a valuation of 12.9 Million Euros

Written by Customer Service on September 27, 2023. Posted in Public Companies.

NORTEM BIOGROUP STARTED TRADING TODAY AT EURONEXT ACCESS PARIS Nortem Biogroup started trading today at Euronext Access Paris at 5.00 euros per share and a 12.9 million euros valuation. Paris, 27 September – Food technology company Nortem BioGroup (EPA:MLBIO) (MLBIO.PA), began trading today on Euronext Paris at a valuation of EUR 12.9 million and a price of EUR 5.00 per share. The company floated 2,578,500 shares under the stock exchange symbol MLBIO. The traditional bell-ringing ceremony at the Euronext’s headquarters in La Défense was presided by the company’s founder and Executive President, José Luis Vázquez. After the ceremony, Vázquez said that “today is a historic day for Nortem and for food bio-innovation in Europe. Our listing on Euronext Paris provides us with a platform to expand our presence...

Major shareholder announcements from Burlington Loan Management DAC and Davidson Kempner Capital Management LP

Written by Customer Service on September 27, 2023. Posted in Public Companies.

September 27, 2023 – Company announcement no. 8 Please see attachment. Contact information Investor RelationsAnders Mohr Christensen+45 2515 2364dkamc@chr-hansen.com Press RelationsSanne Seyer-Hansen+45 6038 6207dksash@chr-hansen.com About Chr. Hansen Chr. Hansen is a global, differentiated bioscience company that develops natural ingredient solutions for the food, nutritional, pharmaceutical and agricultural industries. At Chr. Hansen, we are strongly positioned to drive positive change through microbial solutions. We have worked for over 145 years to enable sustainable agriculture, better food and healthier living for more people around the world. Our microbial and fermentation technology platforms, including our broad and relevant collection of around 50,000 microbial strains, have game-changing potential. Matching customer needs and...

Reliq Health Technologies, Inc. Announces New Contract with US Physician Network with over 300 Locations and over 750 Physicians Nationwide

Written by Customer Service on September 27, 2023. Posted in Public Companies.

HAMILTON, Ontario, Sept. 27, 2023 (GLOBE NEWSWIRE) — Reliq Health Technologies Inc. (TSXV:RHT or OTC:RQHTF or WKN:A2AJTB) (“Reliq” or the “Company”), a rapidly growing global healthcare technology company that develops innovative Virtual Care solutions for the multi-billion dollar Healthcare market, is pleased to announce that it has signed a new contract with a physician network with over 300 locations across the United States. The network includes over 750 physicians and is expected to add over 100,000 new patients to the platform by the end of 2025. Onboarding will begin next month. “This is another substantial new contract for Reliq,” said Dr. Lisa Crossley, CEO of Reliq Health Technologies, Inc. “This new client further expands our nationwide presence in the US with more than 750 physicians and over 300 locations across the...

Karolinska Development’s portfolio company OssDsign raises SEK 150 million and makes strategic move to become a pure play orthobiologics company

Written by Customer Service on September 27, 2023. Posted in Public Companies.

STOCKHOLM, SWEDEN, September 27, 2023. Karolinska Development AB (Nasdaq Stockholm: KDEV) announces that its portfolio company OssDsign successfully has completed a directed share issue to a value of approximately SEK 150 million. The net proceeds will be used to finance a strategic shift to fully focus its operations on the orthobiologic business in the U.S., in light of the extraordinary commercial performance of its high-margin nanosynthetic bone graft OssDsign Catalyst. The new strategy announced by OssDsign means that OssDsign will become a pure play orthobiologics company focusing on the nanosynthetic bone graft OssDsign Catalyst, an off-the-shelf product characterized by high scalability and high gross margin. All activities pertaining to the company’s patient-specific cranial implant business will be discontinued in a responsible...

Day: September 27, 2023

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