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Day: May 8, 2025

UAB “Valstybės investicinis kapitalas” Dividend Decision

Written by Customer Service on . Posted in Public Companies.

UAB Valstybės investicinis kapitalas, UAB informs that the company’s shareholder has decided to allocate EUR 34,059 for dividends. The remaining share of profit available for distribution EUR 6,777,798 will be allocated to the legal reserve. This decision follows the Resolution No. 256 of the Government of the Republic of Lithuania dated April 30, 2025 “Regarding the Dividends Payable by UAB Valstybės investicinis kapitalas for Shares Owned by the State”, which authorized the Ministry of Finance to decide in 2025 to allocate 0.5 percent of the company’s profit available for distribution for the 2024 financial year to dividends. Enclosed: Approved distribution of Valstybės investicinis kapitalas UAB profit (loss) for the year 2024.Contact person: Vaidas DaktariunasValstybės investicinis kapitalas UAB, Chief Executive OfficerPhone:...

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Eik fasteignafélag hf.: Condensed Interim Financial Statement for the first three months 2025

Written by Customer Service on . Posted in Earnings Releases And Operating Results.

Condensed Interim Financial Statement of Eik fasteignafélag hf. the period 1. January to 31. March 2025 was approved by the Board of Directors and the CEO on 8th of May 2025 The main results from the Condensed Interim Financial Statements are as follows:Income from operations amounted to ISK 2,964 millionThereof, rental income amounted to ISK 2,589 million and has increased 9.5% between years.Operating profit before changes in fair value, sales gain and depreciation and amortization amounted to 1,817 million. Total comprehensive profit amounted to ISK 1,366 million. Net cash from operations amounted to ISK 1,038 million. The book value of investment properties amounted to ISK 147,606 million.  The book value of assets for own use amounted to ISK 5,816 million Change in value of investment properties amounted to ISK 1,532 million. Cash...

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MiddleGround Capital Completes Add-On for Xtrac with Acquisition of Zoerkler

Written by Customer Service on . Posted in Mergers And Acquisitions.

LEXINGTON, Ky., May 08, 2025 (GLOBE NEWSWIRE) — MiddleGround Capital (“MiddleGround”), an operationally focused private equity firm that makes control investments in North American and European headquartered middle-market B2B industrial and specialty distribution companies, today announced that it has acquired Zoerkler GmbH & Co KG (“Zoerkler” or “the Company”), an Austria-based manufacturer and supplier of high-performance transmission components for the aerospace & defense, automotive, rail, and industrial industries. Zoerkler will be integrated into MiddleGround’s portfolio company, Xtrac, a leading designer, manufacturer, and supplier of high-performance transmissions and mechatronics for top-level professional motorsport and specialist high-performance automotive applications. Headquartered in Jois, Austria, Zoerkler...

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VEON Shareholders Re-elect Board at 2025 AGM, Founder Augie Fabela to Serve as Chairman

Written by Customer Service on . Posted in Public Companies.

VEON Shareholders Re-elect Board at 2025 AGM, Founder Augie Fabela to Serve as ChairmanVEON Shareholders Re-elect Board at 2025 AGM, Founder Augie Fabela to Serve as Chairman.jpgNew York and Dubai, May 8, 2025: VEON Ltd. (Nasdaq: VEON), a global digital operator (“VEON” or the “Company”), today held its Annual General Meeting (AGM) in New York City at Nasdaq Stock Market, where the Company is listed. With the AGM, the Company’s shareholders approved the recommended slate of seven directors as VEON’s incoming Board of Directors (the “Board”), re-electing the seven directors who served on VEON’s Board in the previous term. VEON welcomes back its founder Augie K Fabela II, Andrei Gusev, Rt. Hon. Sir Brandon Lewis CBE, Duncan Perry, 70th U.S. Secretary of State Michael R. Pompeo, Michiel Soeting and VEON Group CEO Kaan Terzioglu...

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Storm Properties Acquires Santa Ana IOS Industrial Property

Written by Customer Service on . Posted in Mergers And Acquisitions.

The 2.53-acre property features an 11,300-square-foot industrial building and fully fenced concrete yard and offers excellent access to major Orange County freeways TORRANCE, Calif., May 08, 2025 (GLOBE NEWSWIRE) — Storm Properties Inc., a leading developer, owner, and manager of residential, industrial, and commercial real estate, today announced its opportunistic acquisition of an industrial property in Santa Ana, California. Located at 4320 W. 1st Street and 201 S. Mountain View Street, the 2.53-acre site features an 11,300-square-foot industrial building, and a large and fully fenced concrete yard. Key features of the facility include 800 amps of 120/208-volt power, ground-level loading, and 16-foot ceiling clearance. The property is currently vacant, and Storm Properties has engaged Scott Read with Newmark to market the facility...

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The Victory Bank to Celebrate Grand Opening of New Horsham Branch with an Exclusive CD Special, Business Offers, and Grand Prize Trip to Maui, Hawaii

Written by Customer Service on . Posted in Public Companies.

HORSHAM, Pa., May 08, 2025 (GLOBE NEWSWIRE) — The Victory Bank will celebrate the grand opening of its second retail branch, located at 100 Gibraltar Road, Horsham, PA 19044, with a week-long series of events from June 2 through June 6, 2025. The celebration features daily prize giveaways, family entertainment, business seminars, and exclusive offers—including a CD Special of 4.5% APY* for 22 weeks and special promotions for new business accounts opened in person at the Horsham location. Special Promotions and Contests Starting June 2, participants can text “Victory” to 527-955-7422 to receive a unique “Game” code. When they visit the Horsham branch during the week of June 2–6, they’ll have their code decoded on-site to reveal an instant prize—which could include a KitchenAid Mixer, Samsung Smart TV, Phillies tickets, propane grill,...

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Baltic Horizon Fund consolidated unaudited results for Q1 2025

Written by Customer Service on . Posted in Earnings Releases And Operating Results.

Management Board of Northern Horizon Capital AS has approved the unaudited financial results of Baltic Horizon Fund (the Fund) for the three months of 2025. Our strategic ambitionsOver the past years, our focus has been on reshaping our strategy to foster sustainable value in a very demanding environment, concentrating efforts on avenues that promise reliable and consistent growth for our investors. We firmly believe that the execution of the ‘Modern City Life’ strategy, introduced to investors in 2024, is paramount to their best interests. This strategy emphasizes developing centrally located, multi-functional properties with adaptable spaces designed to inspire, uplift, and enhance the lives of modern citizens and communities. Our value proposition is built on quality, flexibility, sustainability, and exceptional service, supported by...

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Baltic Horizon Fund consolidated unaudited results for Q1 2025

Written by Customer Service on . Posted in Earnings Releases And Operating Results.

Management Board of Northern Horizon Capital AS has approved the unaudited financial results of Baltic Horizon Fund (the Fund) for the three months of 2025. Our strategic ambitionsOver the past years, our focus has been on reshaping our strategy to foster sustainable value in a very demanding environment, concentrating efforts on avenues that promise reliable and consistent growth for our investors. We firmly believe that the execution of the ‘Modern City Life’ strategy, introduced to investors in 2024, is paramount to their best interests. This strategy emphasizes developing centrally located, multi-functional properties with adaptable spaces designed to inspire, uplift, and enhance the lives of modern citizens and communities. Our value proposition is built on quality, flexibility, sustainability, and exceptional service, supported by...

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ITULATEK® approved for treatment of children and adolescents in Canada

Written by Customer Service on . Posted in Public Companies.

ALK (ALKB:DC / OMX: ALK B) today announced that Health Canada has approved ALK’s regulatory filing for ITULATEK® (tree pollen sublingual allergy immunotherapy tablet) for treatment of children and adolescents aged five to 17. Accordingly, the tree pollen tablet is now indicated for treatment of moderate to severe seasonal allergic rhinitis, with or without conjunctivitis, induced by pollen from birch, alder, hazel, and/or oak, in children, adolescents, and adults five to 65 years of age in Canada. Outside Europe, Canada is a key market for ALK’s respiratory tablet portfolio demonstrating solid double-digit growth. The extended ITULATEK® label is expected to further support market expansion in Canada. Executive Vice President of R&D, Henriette Mersebach (MD), says: We appreciate the Canadian approval and look forward to offering...

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