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Year: 2023

TC Energy updates growth outlook, reinforces balance sheet discipline and highlights South Bow spinoff benefits at 2023 Investor Day

2023 comparable EBITDA(1) now expected to be ~8 per cent higher than 2022 2024 comparable EBITDA outlook expected to be ~5 to 7 per cent higher than 2023 On track for 4.75x debt-to-EBITDA(2) upper limit by end of 2024 South Bow spinoff expected to maximize the value of the Liquids Pipelines businessCALGARY, Alberta, Nov. 28, 2023 (GLOBE NEWSWIRE) — TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) will host its annual Investor Day today. The event will reaffirm the Company’s long-standing value proposition and demonstrate that, by maximizing its business leadership positions, TC Energy and South Bow can deliver superior, long-term shareholder value. TC Energy has made significant progress against its 2023 priorities, including project execution, deleveraging and maximizing the value of its asset base, which continues...

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PDD Holdings Announces Third Quarter 2023 Unaudited Financial Results

DUBLIN and SHANGHAI, Nov. 28, 2023 (GLOBE NEWSWIRE) — PDD Holdings Inc. (“PDD Holdings” or the “Company”) (NASDAQ: PDD), today announced its unaudited financial results for the third quarter ended September 30, 2023. Third Quarter 2023 HighlightsTotal revenues in the quarter were RMB68,840.4 million (US$19,435.4 million), an increase of 94% from RMB35,504.3 million in the same quarter of 2022.Operating profit in the quarter was RMB16,656.0 million (US$2,282.9 million), an increase of 60% from RMB10,436.6 million in the same quarter of 2022. Non-GAAP2 operating profit in the quarter was RMB18,125.8 million (US$2,484.4 million), an increase of 47% from RMB12,301.5 million in the same quarter of 2022.Net income attributable to ordinary shareholders in the quarter was RMB15,537.1 million (US$2,129.5 million), an increase of...

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SunHydrogen’s CEO Tim Young Visits New South Korea Facility for Scale-Up of Company’s Green Hydrogen Technology

CORALVILLE, IA, Nov. 28, 2023 (GLOBE NEWSWIRE) — SunHydrogen, Inc. (OTCQB: HYSR), the developer of a breakthrough technology to produce renewable hydrogen using sunlight and water, today announced that the Company’s industrial partner, COTEC, has completed setup of a new laboratory space solely for the development of SunHydrogen’s manufacturing process.  SunHydrogen’s CEO Tim Young recently made a strategic visit to COTEC’s Changwon facility to view firsthand the progress at the newly-established laboratory dedicated to SunHydrogen’s technology. COTEC is poised to begin replicating SunHydrogen’s nanoparticle-based technology employing advanced industrial electroplating processes in this state-of-the-art facility. Meticulously set up by COTEC’s team, the laboratory is fully equipped with the necessary equipment, chemicals, and characterization...

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Crown Castle Appoints Chris Levendos as Chief Operating Officer for Towers and Fiber

HOUSTON, Nov. 28, 2023 (GLOBE NEWSWIRE) — Crown Castle Inc. (NYSE: CCI) (“Crown Castle”) announced today that, following a monthslong external and internal search, Chris Levendos has been appointed as Executive Vice President and Chief Operating Officer (COO) to lead both of the Company’s operating segments, Towers and Fiber. In addition to his previous role as Executive Vice President and COO – Fiber, Mr. Levendos has been acting as interim Executive Vice President and COO – Towers since October 1, 2023. “Crown Castle brings an unmatched portfolio of towers, small cells, and fiber assets and expertise to the market with a strategic focus on delivering the highest risk-adjusted returns for our shareholders. Chris’ exceptional leadership skills and technological depth, coupled with his extensive industry experience,...

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Form 8.3 – [abrdn European Logistics Income plc – Opening Disclosure – 27 11 2023] – (CGWL)

FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1.        KEY INFORMATION(a)   Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)(b)   Owner or controller of interests and short positions disclosed, if different from 1(a):        The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. N/A(c)   Name of offeror/offeree in relation to whose relevant securities this form relates:        Use a separate form for each offeror/offeree abrdn EUROPEAN LOGISTICS INCOME PLC(d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A(e)   Date...

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Form 8.3 – [DX (Group) plc – 27 11 2023] – (CGAML)

FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1.        KEY INFORMATION(a)   Full name of discloser: CANACCORD GENUITY ASSET MANAGEMENT LIMITED (for Discretionary Clients)(b)   Owner or controller of interests and short positions disclosed, if different from 1(a):        The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. N/A(c)   Name of offeror/offeree in relation to whose relevant securities this form relates:        Use a separate form for each offeror/offeree DX (GROUP) PLC(d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A(e)   Date position...

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Form 8.3 – [Forward Partners Group plc – Opening Disclosure – 27 11 2023] – (CGAML)

FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1.        KEY INFORMATION(a)   Full name of discloser: CANACCORD GENUITY ASSET MANAGEMENT LIMITED (for Discretionary Clients)(b)   Owner or controller of interests and short positions disclosed, if different from 1(a):        The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. N/A(c)   Name of offeror/offeree in relation to whose relevant securities this form relates:        Use a separate form for each offeror/offeree FORWARD PARTNERS GROUP PLC(d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A(e)   Date...

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[Latest Research 2023], Vaccines Market Size to Surpass USD 125.49 Billion by 2028 | With 10.8% CAGR

As per the report by Fortune Business Insights, the global Vaccines Market size is projected to reach USD 125.49 billion in 2028, at a CAGR of 10.8% during the forecast period, 2021-2028Vaccine MarketForecast 2021-2028Pune, India, Nov. 28, 2023 (GLOBE NEWSWIRE) — Global Vaccines Market Size was valued at USD 55.44 billion in 2020 and is projected to grow from USD 125.49 billion by 2028 exhibiting a CAGR of 10.8% during the forecast period. Vaccines are extremely useful to fight against several infections and reduce fatalities, It protects people from several infections globally. The rising demand for effective immunization is likely to boost the product’s sales. Rising investments in the development of effective medications are expected to boost the product’s demand. The increasing prevalence of infections and disorders...

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Form 8.3 – [Molten Ventures plc – Opening Disclosure – 27 11 2023] – (CGAML)

FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1.        KEY INFORMATION(a)   Full name of discloser: CANACCORD GENUITY ASSET MANAGEMENT LIMITED (for Discretionary Clients)(b)   Owner or controller of interests and short positions disclosed, if different from 1(a):        The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. N/A(c)   Name of offeror/offeree in relation to whose relevant securities this form relates:        Use a separate form for each offeror/offeree MOLTEN VENTURES PLC(d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A(e)   Date...

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Form 8.3 – [Picton Property Income Limited – 27 11 2023] – (CGWL)

FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1.        KEY INFORMATION(a)   Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)(b)   Owner or controller of interests and short positions disclosed, if different from 1(a):        The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. N/A(c)   Name of offeror/offeree in relation to whose relevant securities this form relates:        Use a separate form for each offeror/offeree PICTON PROPERTY INCOME LIMITED(d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A(e)   Date...

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