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Day: November 25, 2024

Form 8.3 – [VOLEX PLC – 22 11 2024] – (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 VOLEX 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 held/dealing...

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HomesToLife Ltd Announces Financial Results for First Six Months of 2024; Company to hold Conference Call to Discuss Results Nov. 26 at 8:30 am ET

SINGAPORE, Nov. 25, 2024 (GLOBE NEWSWIRE) — HomesToLife Ltd (Nasdaq: HTLM) (“HomesToLife” or the “Company”), one of the leading home furniture products retail chains in Singapore, today announced that, for the first six months of 2024 ended June 30, 2024, the Company had net revenue of $1,993,323, a 21 percent decrease compared to net revenue of $2,527,724 for the first six months of 2023. The Company’s decrease in net revenue was primarily due to a decline in revenue from sales of its leather and fabric upholstered home furniture products compared to such sales in the corresponding six-month period in 2023. This decrease was chiefly the result of rising inflation and the overall slowdown in global economic conditions, both of which negatively impacted Singapore’s home furniture market. For the first half of 2024, the Company’s...

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High Performance Computing Market to Drive Growth at USD 3.87 Billion by 2031

SkyQuest projects that the Global High-performance Computing (HPC) Market size was valued at USD 1.72 billion in 2022 and is poised to grow from USD 1.90 billion in 2023 to USD 3.87 billion by 2031, growing at a CAGR of 10.7% during the forecast period (2024-2031). Westford, USA, Nov. 25, 2024 (GLOBE NEWSWIRE) — The high-performance computing market growth is primarily due to the increasing demand for virtualization, continuous diversification and expansion of IT industry and the rising adoption of hybrid high-performance computing (HPC) solutions. The ability of high-performance computing to process massive amount of data at high speeds is driving adoption of HPC systems in academic institutions, defence, energy companies as well as government agencies and utility sector, which fuels growth of high-performance computing market....

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Bath & Body Works Reports Third Quarter 2024 Results

Net Sales of $1.6 Billion, Increased 3%; Earnings Per Diluted Share of $0.49, Both Exceeding Guidance Updates Fiscal Year 2024 Guidance COLUMBUS, Ohio, Nov. 25, 2024 (GLOBE NEWSWIRE) — Bath & Body Works, Inc. (NYSE: BBWI) today reported third quarter 2024 results. Gina Boswell, CEO of Bath & Body Works, commented, “Our strong results exceeded the high end of our net sales and earnings per diluted share guidance. As a result, we are raising our full-year guidance to fully reflect this outperformance.” Boswell added, “Innovation across our core products, adjacencies, and collaborations is resonating with both new and existing customers supported by the investments we have made in marketing and technology. We are capitalizing on our agile business model and predominantly U.S.-based supply chain, and we believe we are...

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Super Hi Reports Unaudited Financial Results for the Third Quarter of 2024

SINGAPORE, Nov. 25, 2024 (GLOBE NEWSWIRE) — Super Hi International Holding Ltd. (NASDAQ: HDL and HKEX: 9658) (“Super Hi” or the “Company”), a leading Chinese cuisine restaurant brand operating Haidilao hot pot restaurants in the international market, today announced its unaudited financial results for the third quarter of FY2024 ended September 30, 2024. Third Quarter 2024 HighlightsRevenue was US$198.6 million, representing an increase of 14.6% from US$173.3 million in the same period of 2023. In the third quarter of 2024, the Company maintained its existing restaurant footprint with no new openings. The Company temporarily closed 1 restaurant in Southeast Asia in anticipation to relaunch the restaurant as a secondary branded restaurant in the near future. The total number of Haidilao restaurants as of September 30, 2024 was...

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Guotai Junan Securities, Haitong Securities issue joint circular, disclosing merger details

BEIJING, Nov. 25, 2024 (GLOBE NEWSWIRE) — Guotai Junan Securities Co., Ltd. and Haitong Securities Co., Ltd. on Thursday issued a joint circular at the Hong Kong Exchanges and Clearing Limited and a draft report on merger and restructuring at the Shanghai Stock Exchange, disclosing further details about the merger and restructuring of the two companies. A general meeting of shareholders will be held on December 13, according to the circular. By the end of the third quarter of 2024, the combined net assets of the two companies topped 341.5 billion yuan (about 47.13 billion U.S. dollars) and net capital 177.4 billion yuan, both ranking top in China’s securities industry. In the first three quarters, indicators of the investment banking business of the two companies combined, including the net income, net interest income and...

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Santech Holdings Limited Received Notification of Deficiency from Nasdaq Related to Not Timely Filing of Annual Report on Form 20-F

HONG KONG, Nov. 25, 2024 (GLOBE NEWSWIRE) — Santech Holdings Limited (NASDAQ: STEC) (“Santech” or the “Company”) announced today that it received a notice of non-compliance from Nasdaq Stock Market LLC (“Nasdaq”) on November 21, 2024 stating that, as a result of not having timely filed its annual report on Form 20-F for the year ended June 30, 2024, the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1), which requires timely filing of periodic financial reports with the Securities and Exchange Commission. This notice has no immediate effect on the listing or trading of the Company’s American depositary shares on the Nasdaq. Under Nasdaq’s listing rules, the Company has 60 calendar days to submit a plan to regain compliance. If the plan is accepted by Nasdaq, the Company can be granted up to 180 calendar days from...

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Artificial Organs Market is Expected to Develop at a Stellar 7.68% CAGR through 2031 | SkyQuest Technology

The increasing number of elderly people worldwide is making organ transplantation especially important. The number of people over 65 years of age receiving and seeking organ transplants is increasing. Westford, USA, Nov. 25, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that the artificial organs market size will attain a value of USD 86.46 billion by 2031, with a CAGR of 7.68% over the forecast period (2024-2031). Surging demand for organ transplants owing to the high incidence of chronic diseases and shortage of organ donors are slated to drive artificial organs market growth. Advancements in medical technologies and use of 3D printing technologies are expected to create new opportunities for artificial organs companies.   Browse in-depth TOC on “Artificial Organs Market”  Pages – 182 Tables – 97 Figures...

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Proton Pump Inhibitors Market to Surpass Valuation of USD 7.35 Billion by 2031 | SkyQuest Technology

Proton Pump Inhibitors Market size was valued at around USD 4.90 billion in 2023 to reach a value of USD 7.35 billion by 2031, at a CAGR of 5.2% over the forecast period (2024–2031). Westford, USA, Nov. 25, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that the global proton pump inhibitors market size will reach a value of USD 7.35 Billion by 2031, with a CAGR of 5.2% during the forecast period (2024-2031). There is an increasing demand for proton pump inhibitors due to the improvement in people’s health awareness, especially those concerning the gastrointestinal system. The more people know about the effectiveness of pharmacological remedies, the more likely they are to seek medical help for illnesses associated with acid. This increased awareness is a major factor in the overall rise in proton pump inhibitors use as well as encouraging...

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NIP Group Inc. Reports First Half 2024 Unaudited Financial Results

Net revenues from Events Production Increased by 376.5% YoYTotal operating expenses reduced by 49% YoY, narrowing net loss by 59%Leveraging core competencies to create an expansive digital entertainment ecosystem with diverse revenue streams. WUHAN, China, Nov. 25, 2024 (GLOBE NEWSWIRE) — NIP Group Inc. (“NIPG” or the “Company”) (NASDAQ: NIPG), a leading digital entertainment company, today announced its unaudited financial results for the first half of 2024, demonstrating year-over-year topline growth and narrowing losses as the Company balances growth and profitability by investing in high-growth areas while optimizing costs. First Six Months of 2024 Financial and Operational HighlightsTotal net revenues for the first half of 2024 were US$39.3 million, compared with US$38.6 million in the same period of 2023. Gross profit for...

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