Day: December 3, 2024
— First regulatory approval for fruquintinib combination therapy with an immune checkpoint inhibitor —
HONG KONG and SHANGHAI and FLORHAM PARK, N.J., Dec. 03, 2024 (GLOBE NEWSWIRE) — HUTCHMED (China) Limited (“HUTCHMED”) (Nasdaq/AIM:HCM; HKEX:13) and Innovent Biologics, Inc. (“Innovent”) (HKEX:1801) today jointly announce that the New Drug Application (“NDA”) for the combination of ELUNATE® (fruquintinib) and TYVYT® (sintilimab injection) has been granted conditional approval in China for the treatment of patients with advanced endometrial cancer with Mismatch Repair proficient (“pMMR”) tumors that have failed prior systemic therapy and are not candidates for curative surgery or radiation. This approval follows the priority review status and breakthrough therapy designation by the National Medical Products Administration (“NMPA”)...
Agreement to Establish Digital Currency Investment Company Partnership
Written by Customer Service on . Posted in Public Companies.
SHANGHAI, Dec. 03, 2024 (GLOBE NEWSWIRE) — MultiMetaVerse Holdings Limited (NASDAQ: MMV) (“MMV” or the “Company”), a leading animation and entertainment company for young consumers in China, announced that it has reached an agreement with Zhao Mingwei (“Big Bear”) and Li Yuanfeng to jointly establish a joint – venture in Hong Kong, leveraging their respective resources to Bitcoin and Bitcoin mining machines.
According to the agreement, MMV will hold 80% of the shares of the to-be-formed joint – venture company, Zhao Mingwei will hold 10% of the shares, and Li Yuanfeng will hold the remaining 10%. The board of directors will be composed of executives appointed by the three parties. The new company will purchase Bitcoin and purchase Bitcoin mining machines.
The joint venture company plans to achieve Party B and Party...
Allot Announces its New Service Gateway Tera III for Top Tier Telecom Operators
Written by Customer Service on . Posted in Public Companies.
The highest capacity multiservice platform on the market.
Hod Hasharon, Israel, Dec. 03, 2024 (GLOBE NEWSWIRE) — Allot Ltd. (NASDAQ: ALLT) (TASE: ALLT), a leading global provider of innovative network intelligence and security-as-a-service (SECaaS) solutions for communication service providers (CSPs) and enterprises, today announced that it has developed the Allot Service Gateway (SG) Tera III multiservice platform. At 2.8 Tbps, the new SG-Tera III will be the highest capacity multiservice gateway platform in the telecommunications market.
“The Allot SG-Tera III is truly a breakthrough for Allot and the telecommunications industry. It will easily meet the capacity, scalability and requirements of the world’s largest CSPs who want to deliver superior QoE and security services to their customers,” said Moti Goldshtein, Vice President...
Pacific Green expands Australia footprint into New South Wales with strategic land acquisition
Written by Customer Service on . Posted in Public Companies.
Sydney, Dec. 03, 2024 (GLOBE NEWSWIRE) — Pacific Green, a global battery energy storage company, has secured a parcel of land in Wagga Wagga, New South Wales, where it proposes to establish its next Australian energy park.
The land is strategically co-located near TransGrid’s existing Wagga 330 kV substation and 16 km from the town of Wagga Wagga. A future grid connected battery energy park in this location will strengthen and support the region’s renewable energy portfolio of assets by storing excess renewable energy and discharging it during peak demand, stabilising the grid and lowering energy prices.
Wagga Wagga is an area of strategic importance to the national grid as it hosts a concentration of renewable energy projects and HumeLink – one of Australia’s largest energy transmission line projects, which when built...
Sampo’s Christmas donation to the Red Cross
Written by Customer Service on . Posted in Public Companies.
Sampo plc, press release, 3 December 2024 at 10:00 am EET
Sampo’s Christmas donation to the Red Cross
Sampo plc has donated EUR 50,000 to the Disaster Relief Fund of the Finnish Red Cross. The Disaster Relief Fund channels funds to helping people affected by natural disasters and conflicts worldwide. The Red Cross delivers humanitarian aid in the form of food, clean water and shelter for those in need. In addition, it trains volunteers, distributes cash grants and delivers field hospitals to crisis areas.
– This Christmas Sampo wants to do its part in helping people in the worst disaster areas all over the world. One of the themes of our sustainability programme is People and Communities and we aim to promote health, safety, and well-being. The Red Cross Disaster Relief Fund’s operations support this goal well, says Johanna...
Virtune AB (Publ) (“Virtune”) has completed the monthly rebalancing for November 2024 of its Virtune Crypto Top 10 Index ETP, the first crypto index ETP in the Nordics
Written by Customer Service on . Posted in Public Companies.
Stockholm, 3rd of December 2024 – Today Virtune announces that it has finalized its monthly rebalancing for Virtune Crypto Top 10 Index ETP, listed on Nasdaq Stockholm for both the SEK-denominated (ISIN code SE0020052207, ticker name VIR10SEK) and the EUR-denominated (ISIN code SE0020052215, ticker name VIR10EUR) ETP.
In addition to the Virtune Crypto Top 10 Index ETP, Virtune’s product portfolio includes:
Virtune Bitcoin ETPVirtune Staked Ethereum ETPVirtune Staked SolanaVirtune Staked Polkadot ETPVirtune XRP ETPVirtune Avalanche ETPVirtune Chainlink ETPVirtune Arbitrum ETPVirtune Staked Polygon ETP Virtune Staked Cardano ETPVirtune Crypto Altcoin Index ETP
Index allocation as of 29th of November (before rebalancing):
Ethereum: 36.81%Bitcoin: 36.56%Solana: 10.17%XRP: 8.78%Cardano: 3.20%Avalanche: 1.63%Chainlink: 0.96%Uniswap:...
RCI Banque discloses Capital Requirements following the 2024 SREP draft decision.
Written by Customer Service on . Posted in Public Companies.
December 14, 2022
RCI Banque discloses Capital Requirements following the 2022 SREP draft decision
As part of the 2022 exercise of the supervisory review and evaluation process (“SREP”), the European Central Bank has notified RCI Banque of its draft decision regarding the capital requirement the Bank must respect in 2023.
As of January 1, 2023*, the Pillar 2 requirement (P2R) will be 2.01% compared to 2.05% in January 2022. Requirements linked to the provisioning old non-performing receivables1 has been reduced from 0.05% to 0.01%.
RCI Banque did not exercise its “right to be heard” and no major change is expected in the final decision.
Starting from January 1, 2023*, RCI Banque will be required to meet the following capital requirements:
Minimum capital requirements
Total
Pillar...
Virbac: Türkiye: Virbac acquires its companion animal distributor
Written by Customer Service on . Posted in Mergers And Acquisitions.
On December 2, we finalized the acquisition of Turkish company Mopsan, specialized in the distribution of petfood and companion animal health products.
Present in Türkiye for over 20 years via various local distributors, then with our own subsidiary since 2018, we are today taking a new step forward with the acquisition of our companion animal products distributor: Mopsan. Working alongside Turkish veterinarians for over 30 years, Mopsan has extensive experience in the petfood and companion animal health products sector, a fast growing market.
Through this acquisition, we are strengthening our proximity to the field to better meet the expectations of the animal health industry. Mopsan brings a team of 47 talented employees who will be largely dedicated to Virbac’s companion animal business. The former owner and managing director...
Tivoli increase expectations following a historic Halloween and solid to the Christmas season
Written by Customer Service on . Posted in Public Companies.
Tivoli’s Christmas season started on November 15th and has so far been well-visited by guests from both home and abroad. Tivoli’s Christmas market has been ranked as one of the world’s most beautiful Christmas markets, and Tivoli looks forward to a splendid end to 2024, which will mark a very special year for Tivoli. The recently concluded Halloween season ended with record-breaking revenue and earnings, and this, combined with the solid start to the Christmas season, makes Tivoli increase its expectations for the year’s financial results.
Tivoli’s most recently announced expectations for 2024 were a revenue of around DKK 1,250 million and a profit before tax of around DKK 130 million. With this increase, Tivoli now expects a revenue of around DKK 1,300 million and a profit before tax of around DKK 150 million.
”Tivoli’s...
Bureau Veritas strengthens its positioning in luxury and fashion through the acquisition of LBS Group
Written by Customer Service on . Posted in Mergers And Acquisitions.
PRESS RELEASE
Paris – December 3rd, 2024
Bureau Veritas strengthens its positioning in luxury and fashion through the acquisition of LBS Group
Bureau Veritas, a global leader in Testing, Inspection, and Certification services, announces the acquisition of LBS Luxury Brands Services S.R.L. Group, a leader in quality assurance and quality control in the luxury industry. This acquisition is in line with Bureau Veritas’ LEAP | 28 strategy to strengthen its positioning and offering in the luxury and fashion industries while reinforcing its supply chain solutions as well as its presence in the Italian market.
The acquisition of LBS Group marks a milestone for Bureau Veritas’ Consumer Products Services division, as it strengthens its presence in upstream services, augmenting its capacity to deliver supply chain quality and sustainability...