Cooperation

Indonesia's Collaboration on Treating Water Management

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Mercoledì, Maggio 22, 2024
Knowledge, World Water Forum, Widodo, HLM, Private sector, Water quality, Cooperation, Subak, Water security, Government, Life, WWF, Media center, Speech, PLTS, Cirata Dam, Water, Water resources, Collaboration, World Bank, Climate, Environment, Innovation, Human, Prosperity, Renewable energy

Too much water or too little water can both be a problem for the world," he remarked.

Key Points: 
  • Too much water or too little water can both be a problem for the world," he remarked.
  • Hence, the 10th WWF is highly strategic to revitalize real action and joint commitment in realizing integrated water resources management.
  • Collaboration is actually needed to improve water quality and preserve its availability, amidst the threat of a water crisis.
  • The 10th World Water Forum is taking place in Nusa Dua Bali from 18 to 25 May under the theme "Water for Shared Prosperity" and six sub-themes, namely Water Security and Prosperity, Water for Humans and Nature, Disaster Risk Reduction and Management, Governance, Cooperation and Hydro-diplomacy, Sustainable Water Finance, and Knowledge and Innovation.

Check in for the Official Launch of Hengqin’s 2024 Global Investment Promotion Campaign!

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Mercoledì, Maggio 1, 2024
Professional Services, Entertainment, Business, Events, Concerts, Finance, Banking, Investment, Tourism, Communication, Conference, Development, Culture, Cooperation, Industrialisation, LED, Airport, Multimedia, Advertising, MICE

“Macao and Hengqin will take you further” is the annual motto of the newly released promotion image designed for Hengqin’s global investment promotion campaign in 2024.

Key Points: 
  • “Macao and Hengqin will take you further” is the annual motto of the newly released promotion image designed for Hengqin’s global investment promotion campaign in 2024.
  • The global investment promotion campaign vividly presents to domestic and international investors its growth momentum under the “Hengqin-Macao integration”, as well as its economic vitality, driving force for innovation, charm, and investment potential.
  • In 2024, Macao and Hengqin will put forward various measures to attract the best and the strongest in their investment promotion.
  • The 2024 Hengqin Global Investment Promotion Conference will be held from 26 to 27 May, with a primary focus on highlighting the new opportunities brought by tier-specific management enacted by the Cooperation Zone.

Sensata Technologies Announces CEO Transition, Governance Enhancements

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Lunedì, Aprile 29, 2024
Engineering, Automotive, Automotive Manufacturing, General Automotive, Aerospace, Manufacturing, Off-Road Trucks & SUVs, Cooperation, Committee, Interim, Management

Sensata Technologies Holding plc (NYSE: ST) today announced that Jeff Cote, Chief Executive Officer and President of Sensata Technologies, has informed the Board of Directors of his intention to retire as CEO and President and step down as a member of the Sensata Board, effective April 30, 2024.

Key Points: 
  • Sensata Technologies Holding plc (NYSE: ST) today announced that Jeff Cote, Chief Executive Officer and President of Sensata Technologies, has informed the Board of Directors of his intention to retire as CEO and President and step down as a member of the Sensata Board, effective April 30, 2024.
  • The Board of Directors has appointed Martha Sullivan as Interim President and CEO and has established a CEO Search Committee to identify a new permanent CEO.
  • Regarding Jeff Cote’s decision to retire, Sensata Chairman Andrew C. Teich said, “Sensata is a strong, profitable business that is well-positioned for a bright future in an increasingly electrified world.
  • Mr. Eyler will serve on the CEO Search Committee and the Nominating and Governance Committee when he joins the Board on July 1, 2024.

AmeriServ Financial Reaches Cooperation Agreement with Significant Shareholder SB Value Partners, L.P.

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Lunedì, Aprile 22, 2024
Banking, Asset Management, Professional Services, Finance, AmeriServ Financial, Wealth management, Assets under management, Cooperation, Common stock, SBV, Security (finance)

AmeriServ Financial, Inc. (NASDAQ: ASRV) (“AmeriServ” or the “Company”) today announced that it has reached a cooperation agreement (“Cooperation Agreement”) with SB Value Partners, L.P. (“SBV”), which owns approximately 7.7% of the Company’s outstanding common stock, par value $0.01 per share (the “Common Stock”).

Key Points: 
  • AmeriServ Financial, Inc. (NASDAQ: ASRV) (“AmeriServ” or the “Company”) today announced that it has reached a cooperation agreement (“Cooperation Agreement”) with SB Value Partners, L.P. (“SBV”), which owns approximately 7.7% of the Company’s outstanding common stock, par value $0.01 per share (the “Common Stock”).
  • Under the Cooperation Agreement the Company, including members of AmeriServ’s senior management and other designated members of the Company’s Board of Directors (the “Board”), and SBV will regularly consult regarding the Company’s financial performance metrics, business development and other similar matters.
  • “We are pleased to have reached this Cooperation Agreement with SBV and appreciate the constructive dialogue we have had with them,” said J. Michael Adams, Jr., AmeriServ’s Chairman of the Board.
  • The complete Cooperation Agreement between the Company and SBV will be included on the Company’s Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission (the “SEC”).

Sustainable Green Team, Ltd. (SGTM) and its subsidiary, SGTM VRM LLC, Bolsters Momentum with VRM Biologik Partnership in the USA and Middle East

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Venerdì, Aprile 5, 2024
VRM, Environment, Nutrient, Partnership, Climate, USAID, Cooperation, Green Team, Peace Corps, Carbon, OTCQX, Water, Biosolids, State

ORLANDO, Fla., April 05, 2024 (GLOBE NEWSWIRE) -- Sustainable Green Team, Ltd. (OTCQX: SGTM) ($SGTM), a leading provider of sustainable and eco-friendly products, announces its strengthened momentum through a strategic partnership with VRM Biologik ("VRM") in the United States and the Middle East.

Key Points: 
  • ORLANDO, Fla., April 05, 2024 (GLOBE NEWSWIRE) -- Sustainable Green Team, Ltd. (OTCQX: SGTM) ($SGTM), a leading provider of sustainable and eco-friendly products, announces its strengthened momentum through a strategic partnership with VRM Biologik ("VRM") in the United States and the Middle East.
  • Sustainable Green Team, Ltd. and VRM Biologik's collaboration aims to address pressing environmental challenges and revolutionize sustainable practices in the agricultural sector.
  • In March 2024, SGTM and VRM held meetings and engagements across various regions, including the USA and the Middle East.
  • Tony Raynor, CEO/President of Sustainable Green Team, Ltd. , states, "SGTM and VRM Biologik share a common vision of restoring 25% of the world's depleted agricultural land.

BJ’s Restaurants, Inc. Engages PW Partners to Provide Cost Structure Recommendations

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Mercoledì, Marzo 27, 2024
Cooperation, History, Restaurant, Sidley Austin, Management

HUNTINGTON BEACH, Calif., March 27, 2024 (GLOBE NEWSWIRE) -- BJ’s Restaurants, Inc. (“BJ’s” or the “Company”) (Nasdaq: BJRI) today announced that it has engaged PW Partners, LLC (“PW Partners”) to provide recommendations regarding cost structure and efficiencies to the Company and its board of directors (the “Board”).

Key Points: 
  • HUNTINGTON BEACH, Calif., March 27, 2024 (GLOBE NEWSWIRE) -- BJ’s Restaurants, Inc. (“BJ’s” or the “Company”) (Nasdaq: BJRI) today announced that it has engaged PW Partners, LLC (“PW Partners”) to provide recommendations regarding cost structure and efficiencies to the Company and its board of directors (the “Board”).
  • In conjunction with PW Partners’ engagement, the Company entered into a cooperation agreement (the “Cooperation Agreement”) with PW Partners, a beneficial owner of more than 5% of the Company’s common stock.
  • PW Partners is an investment management and advisory firm focused on cost structure analysis and long-term value creation for small and mid-cap companies.
  • PW Partners has a strong history of creating value through cost structure analysis, enhanced strategic decision making, operational excellence, capital allocation and board involvement.

Crown Castle Comments on Self-Serving, Unfounded Litigation Brought by Ted Miller

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Martedì, Marzo 5, 2024
Court, Boot, Crown Castle, Cooperation, Feedback, Delaware Court, CCI

HOUSTON, March 05, 2024 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) (“Crown Castle” or the “Company”) today commented on the self-serving litigation brought by Ted Miller and Boots Capital Management.

Key Points: 
  • HOUSTON, March 05, 2024 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) (“Crown Castle” or the “Company”) today commented on the self-serving litigation brought by Ted Miller and Boots Capital Management.
  • The lawsuit brought by Mr. Miller is without merit and underscores that his activism campaign against Crown Castle is focused on his own self interests.
  • The facts are these: with the advice of counsel, Crown Castle entered in a market-standard cooperation agreement with Elliott on December 19, 2023.
  • Today, the Crown Castle Board comprises 12 directors, 11 of whom are independent and only two of whom were appointed with input from Elliott.

The Chefs’ Warehouse, Inc. Reaches Cooperation Agreement with Legion Partners Asset Management

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Lunedì, Marzo 4, 2024
Compensation, Cooperation, Operational definition, Audit committee

RIDGEFIELD, Conn., March 04, 2024 (GLOBE NEWSWIRE) -- The Chefs’ Warehouse, Inc. (the “Company”) (Nasdaq: CHEF), a premier distributor of specialty food products in the United States, the Middle East and Canada, announced today that it has entered into an agreement (the “Cooperation Agreement”) with Legion Partners Asset Management, LLC and certain of its affiliates (collectively, “Legion Partners”). Legion Partners beneficially owns approximately 3.3% of the Company’s outstanding common stock.

Key Points: 
  • RIDGEFIELD, Conn., March 04, 2024 (GLOBE NEWSWIRE) -- The Chefs’ Warehouse, Inc. (the “Company”) (Nasdaq: CHEF), a premier distributor of specialty food products in the United States, the Middle East and Canada, announced today that it has entered into an agreement (the “Cooperation Agreement”) with Legion Partners Asset Management, LLC and certain of its affiliates (collectively, “Legion Partners”).
  • Legion Partners beneficially owns approximately 3.3% of the Company’s outstanding common stock.
  • The Company has agreed to nominate Mr. Peretz and Ms. Weinstein for election at the Company’s 2024 annual meeting of stockholders (the “2024 Annual Meeting”).
  • Further, as provided in the Cooperation Agreement, a third new independent director, Lester Owens, was appointed to the Board on March 4, 2024 and will be nominated for election at the Company’s 2024 Annual Meeting.

BJ’s Restaurants, Inc. Appoints New Independent Director Brad Richmond

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Mercoledì, Febbraio 28, 2024
Olive, Darden Restaurants, Sidley Austin, Red Lobster, Strategic planning, Cooperation, City centre, Qualfon, Restaurant, P.C, Management

HUNTINGTON BEACH, Calif., Feb. 28, 2024 (GLOBE NEWSWIRE) -- BJ’s Restaurants, Inc. (“BJ’s” or the “Company”) (Nasdaq: BJRI) today announced that it has appointed C. Bradford (Brad) Richmond to its Board of Directors (the “Board”), effective immediately. In conjunction with Mr. Richmond’s appointment, the Company entered into a cooperation agreement (the “Cooperation Agreement”) with Fund 1 Investments, LLC, one of the company’s shareholders (collectively with its affiliates, “Fund 1”).

Key Points: 
  • Mr. Richmond served as Chief Financial Officer of Darden Restaurants Inc. from 2006 to 2015, where he also served as Corporate Controller from 2005 to 2006.
  • He previously held executive-level finance and strategic planning roles at Red Lobster and Olive Garden.
  • He is experienced in multiple areas relevant to the Company’s business, including capital allocation, restaurant operations, and strategic planning.
  • “We are pleased to welcome Brad, an accomplished public company executive, to the Board,” said Gerald (“Jerry”) W. Deitchle, Chairman of the Board.

Griffon Corporation Announces Repurchase of 1.5 Million Shares from Voss Capital

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Martedì, Febbraio 20, 2024
Professional Services, Other Construction & Property, Commercial Building & Real Estate, Finance, Construction & Property, REIT, GFF, Share repurchase, Common stock, Sale, Cooperation, CPP, HBP, Corporation, Griffon Corporation

Concurrent with the closing of the transaction, Travis Cocke, Chief Investment Officer of Voss Capital, will resign from the Griffon Board of Directors, effective immediately, thereby reducing the size of the Board to 12 members.

Key Points: 
  • Concurrent with the closing of the transaction, Travis Cocke, Chief Investment Officer of Voss Capital, will resign from the Griffon Board of Directors, effective immediately, thereby reducing the size of the Board to 12 members.
  • “Voss continues to be a substantial shareholder of Griffon and has a continued stake in our success.
  • Since last April and through today, share repurchases under Board-authorized programs totaled 7.5 million shares of common stock or 13.1% of the outstanding shares, for a total of $330 million or an average of $44.21 per share.
  • As of today, Griffon has $128 million remaining under its Board-authorized share repurchase program.