Month: April 2024

Fly Play hf.: Sigurður Örn joins PLAY as Chief of Business Development

Written by Customer Service on April 14, 2024. Posted in Public Companies.

Sigurður Örn has joined PLAY airlines as Chief of Business Development. This is a new position within the company where Sigurður will oversee the expansion of PLAY’s business ventures across all departments. Sigurður Örn holds an MBA degree from the Katz Graduate School of Business at the University of Pittsburgh and has an extensive background in aviation. Sigurður previously served as CEO and chairman of Bluebird Nordic and was board member of Avion Express. He also played a key role in negotiating major acquisitions for Avia Solutions Group (AGS), including Avion Express, SmartLynx, and Bluebird Nordic. Expressing his enthusiasm for the new role, Sigurður Örn remarked, “It is very exciting to be joining PLAY at this pivotal moment. The company’s remarkable growth, evidenced by its doubling of revenue last year...

Verizon Business, AWS, and the NHL demo 5G-enabled cloud broadcasting at the 2024 NAB Show

Written by Customer Service on April 14, 2024. Posted in Public Companies.

Verizon Business to simulcast NHL games leveraging innovative content delivery April 14-17 at booth #W2042 NEW YORK, April 14, 2024 (GLOBE NEWSWIRE) — Verizon Business, on the heels of its recent partnership announcement with the National Hockey League (NHL) is putting co-innovation on full display with a new 5G-enabled cloud broadcasting solution. Running on AWS Wavelength Zones, a mobile edge compute service that delivers ultra-low-latency applications for 5G devices, this solution is a game-changer for the broadcast industry, with the speed from content capture on ice to broadcast going from seconds to milliseconds. “Innovations in production and distribution ultimately highlight the power of our network to content owners like the NHL,” said Iris Meijer, Chief Product and Marketing Officer, Verizon Business. “Through cloud-based...

Ageas acknowledges BNP Paribas as shareholder

Written by Customer Service on April 14, 2024. Posted in Public Companies.

Ageas acknowledges BNP Paribas as shareholder Ageas announces that it has been informed by BNP Paribas that BNP Paribas has signed an agreement with Fosun to acquire an approximately 9% stake in the share capital of Ageas, taking over Fosun’s shareholding in the capital of the company. Ageas and BNP Paribas have been partners for many years via the joint shareholding of Ageas (75%) and BNP Paribas Fortis (25%) in AG Insurance and with BNP Paribas Fortis being a long-standing distribution partner to the Group’s Belgian insurance activities. Ageas is pleased to see that BNP Paribas recognises, through this investment, the value of its partnership for the long term and the potential of the company going forward. Once Ageas has received the official transparency notification, it will issue a more detailed press release, in accordance with...

BNP Paribas has signed an agreement with Fosun Group to acquire its stake in ageas

Written by Customer Service on April 14, 2024. Posted in Mergers And Acquisitions.

BNP Paribas has signed an agreement with Fosun Group to acquire its stake in ageas Press Release Paris, 14 April 2024 BNP Paribas Group announces the signature, through its insurance subsidiary BNP Paribas Cardif, of an agreement to acquire Fosun Group’s stake of approximately 9% in ageas. The acquisition will be performed in two tranches:• 4.8% of the issued shares in the coming days• The balance following the receipt of mandatory regulatory approvals. The total consideration is estimated to approximately 730 million euros, corresponding to a marginal impact on BNP Paribas Group’s Common Equity Tier 1 (CET1) ratio of approximately 2 basis points. BNP Paribas Group, through BNP Paribas Fortis, benefits from a partnership with ageas, through AG Insurance (AGI), the leading insurer in Belgium. This partnership is materialized by an exclusive...

Fang Announces Changes in Board of Directors and Management

Written by Customer Service on April 13, 2024. Posted in Public Companies.

BEIJING, April 13, 2024 (GLOBE NEWSWIRE) — Fang Holdings Limited (OTC: SFUNY) (“Fang” or the “Company”), a leading real estate Internet portal in China, today announced changes in its board of directors (the “Board”) and management. Change in Board of Directors Mr. Yu Huang (“Mr. Huang”), a director of the Board, has resigned from the Board, effective from April 13th, 2024. Mr. Huang’s resignation did not result from any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. Fang thanks Mr. Huang for his efforts and contributions to the Company. Upon the effectiveness of Mr. Huang’s resignation, the Board will consist of five directors, including three independent directors. Changes in Management Resignation of Chief Financial Officer Mr....

Madison Pacific Properties Inc. announces the results for the six months ended February 29, 2024

Written by Customer Service on April 13, 2024. Posted in Earnings Releases And Operating Results.

VANCOUVER, British Columbia, April 12, 2024 (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 six months ended February 29, 2024. The results reported are pursuant to International Financial Reporting Standards (IFRS) for public companies. For the six months ended February 29, 2024, the Company is reporting net loss of $43.4 million (2023: net income of $23.0 million); cash flows generated from operating activities before changes in non-cash operating balances of $4.3 million (2023: $4.6 million); and loss per share of $0.73 (2023: income per share of $0.38). Included in net loss is a provision of $50.2 million (2023: $nil) for uncertain tax positions recognizing a tax liability for unpaid taxes, estimated interest...

Mobile-health Network Solutions Announces Closing of Initial Public Offering

Written by Customer Service on April 12, 2024. Posted in Public Companies.

SINGAPORE, April 12, 2024 (GLOBE NEWSWIRE) — Mobile-health Network Solutions (“MNDR” or “the Company”), a leading telehealth solutions provider in Singapore, today announced the closing of its previously announced initial public offering of an aggregate 2,250,000 Class A Ordinary Shares (“the Offering”) at a price of $4.00 per share (“the Offering Price”) to the public, for a total of US$9.0 million of gross proceeds to the Company, before deducting underwriting discounts and offering expenses. The shares began trading on the NASDAQ Stock Market LLC on April 10, 2024, under the symbol “MNDR“. Network 1 Financial Securities, Inc. (“Network 1”), a full-service broker/dealer, acted as the sole book-running manager for the Offering. Sidley Austin LLP, Rajah & Tann Singapore LLP, and Harney Westwood & Riegels...

Biomerica Reports Third Quarter 2024 Financial Results

Written by Customer Service on April 12, 2024. Posted in Earnings Releases And Operating Results.

Fiscal Discipline Leads to Improvement as Loss per Share Narrows to $0.27 from $0.40 Amidst Sales Force Expansion for the Nine Months in Fiscal 2024 InFoods IBS Positive Clinical Data to be Presented at the Upcoming Digestive Disease Week (DDW) 2024 Conference in the DDW Irritable Bowel Syndrome (IBS) Clinical Session Company in discussions with Key Clinical Lab Customers for Use of its Recently US FDA 510(k) Cleared Hp Detect™ Test Product, Designed to Detect the Presence of the H. pylori Bacteria that infects approximately 35% of the U.S. PopulationIRVINE, Calif., April 12, 2024 (GLOBE NEWSWIRE) — Biomerica, Inc. (Nasdaq: BMRA), (the “Company”) a global provider of advanced medical diagnostic and therapeutic products today reported financial results for the third quarter of fiscal 2024 ended February 29, 2024. Recent...

American Shared Hospital Services Announces the Sudden Passing of CEO, Peter Gaccione

Written by Customer Service on April 12, 2024. Posted in Public Companies.

SAN FRANCISCO, April 12, 2024 (GLOBE NEWSWIRE) — American Shared Hospital Services (NYSE American: AMS) (the “Company”), a leading provider of turnkey technology solutions for stereotactic radiosurgery and advanced radiation therapy equipment and services, today announces the sudden passing of its Chief Executive Officer, Peter Gaccione. Ray Stachowiak, Executive Chairman of American Shared Hospital Services, said, “On behalf of my colleagues at AMS, we are deeply saddened by the unexpected passing of Peter Gaccione and we extend our sincere sympathies to his family. Peter’s enthusiasm, integrity, and empowering leadership style have shaped the organization over the past 18 months, and his tremendous contribution to AMS will not be forgotten.” Mr. Gaccione was appointed CEO at AMS in March 2023 after serving briefly...

Aecon consortium selected as preferred proponent for the stations contract on the Surrey Langley SkyTrain Project

Written by Customer Service on April 12, 2024. Posted in Public Companies.

TORONTO, April 12, 2024 (GLOBE NEWSWIRE) — Aecon Group Inc. (TSX: ARE) (“Aecon” or the “Company”) announced today that South Fraser Station Partners, a consortium comprised of Aecon, Acciona and Pomerleau, in which Aecon holds a 33.3% interest, has been selected by the Province of British Columbia as the preferred proponent for the stations contract on the Surrey Langley SkyTrain Project. The project includes the design and construction of eight stations, three transit exchanges, nine power substations, and 250 metres of guideway at the SkyTrain’s terminus station. Financial close is expected in the second quarter of 2024. “Aecon looks forward to working with our client and partners to provide a more sustainable transit option for one of the fastest growing areas in Metro Vancouver,” said Jean-Louis Servranckx, President and Chief...

Month: April 2024

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals