AWC

Hotel Okura to add over 500 rooms in Thailand, including Chiang Mai, under expanded partnership with AWC

Retrieved on: 
Donnerstag, Mai 23, 2024
Commercial Building & Real Estate, Construction & Property, Arts, Museums, Entertainment, Lodging, Vacation, Destinations, Cruise, Residential Building & Real Estate, Travel, Partnership, Lan Na, Hotel Okura Tokyo, Chao Phraya River, Riverfront, City, Turtle, AWC, Longevity, Architecture, Multimedia, History, Rama VIII Bridge, Tourism

Separately, the two companies have also agreed that Hotel Okura will provide hospitality services for cruises to be launched on the Chao Phraya River starting this December.

Key Points: 
  • Separately, the two companies have also agreed that Hotel Okura will provide hospitality services for cruises to be launched on the Chao Phraya River starting this December.
  • In line with this plan, the new agreement with AWC will enable Hotel Okura to increase its brand awareness in the promising Thai market.
  • Since the opening of The Okura Prestige Bangkok in 2012, Hotel Okura has enjoyed a long and successful partnership with AWC, which has spearheaded several development projects in Thailand.
  • Toshihiro Ogita, President, Hotel Okura, said: “We are excited to build on our success with The Okura Prestige Bangkok through our expanded partnership with AWC.

CFP Board Imposes Public Sanctions on Six Individuals

Retrieved on: 
Freitag, Mai 17, 2024
Other Professional Services, Personal Finance, Finance, Asset Management, Consulting, Accounting, Professional Services, Business, Transfer, Counsel, Commission, Seriousness, Book, AWC, Complaint, Chapter Seven, Letter, CPA, Bankruptcy, Administration, Record, Financial Industry Regulatory Authority, Ethics commission, Rehabilitation, Failure, Code, Hearing, Consent, CFP, Motion, Certification, NOI, DEC, FINRA, History, Certified Public Accountant, Security (finance)

On December 11, 2023, Mr. Bahtuoh reported to CFP Board that he had filed for Chapter 7 bankruptcy protection in March 2023 (Bankruptcy Matter).

Key Points: 
  • On December 11, 2023, Mr. Bahtuoh reported to CFP Board that he had filed for Chapter 7 bankruptcy protection in March 2023 (Bankruptcy Matter).
  • Contemporaneously, Enforcement Counsel and Mr. Bahtuoh filed a Joint Motion for an Order of Public Censure (Joint Motion) with DEC Counsel.
  • of CFP Board’s Code of Ethics and Standards of Conduct, granted the Joint Motion and issued an Order of Public Censure to Mr. Bahtuoh.
  • This sanction followed Mr. Komarow’s relinquishment of his certification and his failure to respond to CFP Board Enforcement Counsel’s investigation.

CFP Board Imposes Interim Suspension on John A. Dougherty of Blue Bell, Pennsylvania

Retrieved on: 
Freitag, Mai 3, 2024
Personal Finance, Professional Services, Finance, AWC, Motion, CFP, Certification, Security, Consent, Respondent, Letter, Commission, Counsel, Ethics commission, Financial Industry Regulatory Authority, Code, Failure, FINRA, Revocation, DEC, Financial adviser

Certified Financial Planner Board of Standards, Inc. (CFP Board) announced that it has imposed an interim suspension of the CFP Board certification marks against John A. Dougherty, which is effective as of April 26, 2024.

Key Points: 
  • Certified Financial Planner Board of Standards, Inc. (CFP Board) announced that it has imposed an interim suspension of the CFP Board certification marks against John A. Dougherty, which is effective as of April 26, 2024.
  • CFP Board Enforcement Counsel provided notice to DEC Counsel of grounds to issue an automatic Interim Suspension Order to Mr. Dougherty under Article 2.1 of CFP Board’s Procedural Rules.
  • An interim suspension is a suspension of a CFP® professional’s certification and trademark license during the pendency of CFP Board enforcement proceedings.
  • A Respondent subject to an Interim Suspension Order must not use the CFP Board certification marks, state or suggest that Respondent is a CFP® professional, or hold out to the public as being certified by CFP Board while the Interim Suspension Order is in effect.

Alcoa Corporation Reports First Quarter 2024 Results

Retrieved on: 
Mittwoch, April 17, 2024
Machine Tools, Metalworking & Metallurgy, Engineering, Mining, Minerals, Manufacturing, Natural Resources, Other Manufacturing, Steel, Account, AWC, Sale, Climate change, EDT, Projection, Interest, Kwinana, Security (finance), Inventory, ASX, DWC, Research, Transport, API, Carbon, Public expenditure, Acquisition, Inflation, Adjustment, Renewable energy, GAAP, Aluminium

Net loss attributable to Alcoa Corporation was $252 million, or $1.41 per share.

Key Points: 
  • Net loss attributable to Alcoa Corporation was $252 million, or $1.41 per share.
  • San Ciprián complex: During the first quarter of 2024, Alcoa completed the restart of approximately 6 percent of pots at the smelter in compliance with the February 2023 updated viability agreement.
  • Kwinana refinery: On January 8, 2024, the Company announced the decision to curtail the Kwinana refinery in Australia to be completed in the second quarter of 2024.
  • Alcoa will hold its quarterly conference call at 5:00 p.m. Eastern Daylight Time (EDT) on Wednesday, April 17, 2024, to present first quarter 2024 financial results and discuss the business, developments, and market conditions.

CFP Board Imposes Public Sanctions on Nine Additional Individuals

Retrieved on: 
Freitag, April 5, 2024
Other Professional Services, Personal Finance, Finance, Asset Management, Consulting, Accounting, Professional Services, Business, Failure, General ledger, NAC, Counsel, Professional services, FINRA, Consent decree, Consent, Employment, Form, Seriousness, Enforcement, Censure, Calendar, Social Security, Documentation, Letter, District court, Code, Commission, Administration, Ethics commission, Associate, DEC, Motion, Complaint, Social, CFP, AWC, Financial Industry Regulatory Authority, Financial adviser

Robert P. Baffa Jr., CFP® (Las Vegas, Nevada): In January 2024, the Disciplinary and Ethics Commission (Commission) issued an order in which Mr. Baffa received a Public Censure.

Key Points: 
  • Robert P. Baffa Jr., CFP® (Las Vegas, Nevada): In January 2024, the Disciplinary and Ethics Commission (Commission) issued an order in which Mr. Baffa received a Public Censure.
  • Pursuant to his Consent Order with CFP Board, the Commission issued Mr. Ercole an Order of Public Censure.
  • Pursuant to this Consent Order with CFP Board, the Commission issued Ms. Hayut a Suspension of One Year and One Day.
  • This sanction followed the expiration of Mr. Kirkpatrick’s CFP® certification and his failure to file an Answer to CFP Board Enforcement Counsel’s Complaint within the required time frame.

CFP Board Imposes Interim Suspension on Timothy W. Leveroni of Braintree, Massachusetts

Retrieved on: 
Freitag, April 5, 2024
Other Professional Services, Personal Finance, Finance, Asset Management, Consulting, Accounting, Professional Services, Business, Failure, Consent, Certification, Ethics commission, DEC, Petition, Record, Code, Motion, Commission, Counsel, Financial Industry Regulatory Authority, Respondent, CFP, FINRA, Revocation, AWC

Certified Financial Planner Board of Standards, Inc. (CFP Board) announced that it has imposed an interim suspension of the CFP Board certification against Timothy W. Leveroni, which is effective as of March 15, 2024.

Key Points: 
  • Certified Financial Planner Board of Standards, Inc. (CFP Board) announced that it has imposed an interim suspension of the CFP Board certification against Timothy W. Leveroni, which is effective as of March 15, 2024.
  • On February 13, 2024, CFP Board Enforcement Counsel filed a Petition for Interim Suspension (Petition) pursuant to Article 2.1.a.1.
  • An interim suspension is a suspension of a CFP® professional’s certification and trademark license during the pendency of CFP Board enforcement proceedings.
  • A Respondent subject to an Interim Suspension Order must not use the CFP Board certification marks, state or suggest that Respondent is a CFP® professional, or hold out to the public as being certified by CFP Board while the Interim Suspension Order is in effect.

CFP Board Imposes Interim Suspension on Edward Steven Mercer of Coral Springs, Florida

Retrieved on: 
Freitag, April 5, 2024
Other Professional Services, Personal Finance, Finance, Asset Management, Consulting, Accounting, Professional Services, Business, Failure, Consent, Certification, Ethics commission, DEC, Code, Motion, Commission, Counsel, Financial Industry Regulatory Authority, Respondent, CFP, Revocation, FINRA, AWC, Financial adviser

Certified Financial Planner Board of Standards, Inc. (CFP Board) announced that it has imposed an interim suspension of the CFP Board certification marks against Edward Steven Mercer, which is effective as of January 31, 2024.

Key Points: 
  • Certified Financial Planner Board of Standards, Inc. (CFP Board) announced that it has imposed an interim suspension of the CFP Board certification marks against Edward Steven Mercer, which is effective as of January 31, 2024.
  • Counsel to the Disciplinary and Ethics Commission (DEC Counsel) issued an automatic Interim Suspension Order suspending Mr. Mercer’s right to use the CFP Board certification marks after CFP Board Enforcement Counsel provided notice to DEC Counsel that there were grounds for an automatic Interim Suspension Order.
  • An interim suspension is a suspension of a CFP® professional’s certification and trademark license during the pendency of CFP Board enforcement proceedings.
  • A Respondent subject to an Interim Suspension Order must not use the CFP Board certification marks, state or suggest that Respondent is a CFP® professional, or hold out to the public as being certified by CFP Board while the Interim Suspension Order is in effect.

Alcoa Enters into Binding Agreement to Acquire Alumina Limited

Retrieved on: 
Montag, März 11, 2024
Engineering, Mining, Minerals, Manufacturing, Natural Resources, Other Manufacturing, Steel, UBS, Agreement, CDI, CHESS, ASX, AWAC, Australian Securities Exchange, AWC, AA, Aluminium

Alcoa (NYSE: AA or “Alcoa”) today announced that it has entered into a binding Scheme Implementation Deed (the “Agreement”) with Alumina Limited (ASX: AWC), under which Alcoa will acquire Alumina Limited in an all-scrip, or all-stock, transaction.

Key Points: 
  • Alcoa (NYSE: AA or “Alcoa”) today announced that it has entered into a binding Scheme Implementation Deed (the “Agreement”) with Alumina Limited (ASX: AWC), under which Alcoa will acquire Alumina Limited in an all-scrip, or all-stock, transaction.
  • The Independent Directors of Alumina Limited, and its Managing Director and Chief Executive Officer intend to vote all shares of Alumina Limited held or controlled by them in favor of the Agreement.
  • “Entering into the Scheme Implementation Deed to acquire Alumina Limited is a milestone on our path to deliver value for both Alcoa and Alumina shareholders,” said William F. Oplinger, Alcoa’s President and CEO.
  • Accordingly, under the Agreement, Alumina Limited shareholders would receive consideration of 0.02854 Alcoa shares for each Alumina Limited share (the “Agreed Ratio”).

Alcoa Announces Agreement With Alumina Limited on Terms and Process to Acquire Alumina Limited in All-Stock Transaction

Retrieved on: 
Sonntag, Februar 25, 2024
Engineering, Mining, Minerals, Manufacturing, Natural Resources, Other Manufacturing, Steel, Acquisition, Foreign Investment Review Board, Agreement, AWC, Growth, Sale, Carbon, AA, ASX, AWAC, AEDT, Employment, UBS, Australian Securities Exchange, CHESS, Aluminium

Alcoa and Alumina Limited have entered into an exclusivity and transaction process deed (“Process Deed”), and the Alumina Limited Board of Directors has confirmed that, subject to entry into a scheme implementation agreement, it intends to recommend the transaction to Alumina Limited shareholders.

Key Points: 
  • Alcoa and Alumina Limited have entered into an exclusivity and transaction process deed (“Process Deed”), and the Alumina Limited Board of Directors has confirmed that, subject to entry into a scheme implementation agreement, it intends to recommend the transaction to Alumina Limited shareholders.
  • Under the all-scrip, or all-stock, transaction, Alumina Limited shareholders would receive consideration of 0.02854 Alcoa shares for each Alumina Limited share (the “Agreed Ratio”).
  • Under the Process Deed, Alcoa and Alumina Limited intend to finalize and enter into a scheme implementation agreement for the all-scrip transaction (the “Agreement”).
  • Upon completion of the Agreement, Alumina Limited shareholders would own 31.25 percent, and Alcoa shareholders would own 68.75 percent of the combined company.1
    Alcoa is the sole operator of Alcoa World Alumina and Chemicals (AWAC), a joint venture (“JV”) with Alumina Limited.

DHGATE Group CEO Diane Wang Calls For Increased Collaboration, Inclusivity and Sustainability at WTO 13th Ministerial Conference

Retrieved on: 
Donnerstag, Februar 29, 2024
Least developed countries, World Trade Organization, G20, Woman, NGO, Education, APEC, AWC, Female, CBET, Conference, International Trade Union Confederation, Digital divide, UN, LDC, Retail

ABU DHABI, UAE, Feb. 29, 2024 /PRNewswire/ -- As a member of the WTO Director-General Business Advisory Group, Founder, Chairperson, and CEO of DHGATE Group Diane Wang was invited to speak at the recent 13th Ministerial Conference of the World Trade Organization (WTO MC13) in Abu Dhabi.

Key Points: 
  • ABU DHABI, UAE, Feb. 29, 2024 /PRNewswire/ -- As a member of the WTO Director-General Business Advisory Group, Founder, Chairperson, and CEO of DHGATE Group Diane Wang was invited to speak at the recent 13th Ministerial Conference of the World Trade Organization (WTO MC13) in Abu Dhabi.
  • Through DHGATE Group, Diane has been actively pursuing initiatives to overcome these challenges and empower vulnerable groups, such as through providing resources, digital tools, and training and education for trade skills.
  • The biennial Ministerial Conference is the world's topmost decision-making body for multilateral trade agreements.
  • "The WTO plays a very important role through promoting policies, encouraging public-private collaboration, and encouraging cooperation between countries.