MALTA

GoldenPeaks Capital secures senior and junior financing package for solar PV portfolio in Hungary

Retrieved on: 
måndag, juni 17, 2024

Erste Group and Erste Bank Hungary provided the senior financing, while the junior piece was backed by a fund managed by the French asset manager Schelcher Prince Gestion (“SPG”).

Key Points: 
  • Erste Group and Erste Bank Hungary provided the senior financing, while the junior piece was backed by a fund managed by the French asset manager Schelcher Prince Gestion (“SPG”).
  • Having established itself as a leading owner of photovoltaic systems in Poland, GoldenPeaks Capital has further expanded into Hungary and successfully secured financing in the market through a unique transaction.
  • The portfolio comprises of two individual solar projects located in the northeast Hungary, with a total capacity of approx.
  • The senior loan (whose financing was split evenly between Erste Group and Erste Bank Hungary) was secured at the SPV level, while the junior financing was obtained structurally subordinated at the HoldCo level.

High Roller Technologies Announces Hiring of Tony Kjaldstrom as General Manager of Malta Office

Retrieved on: 
torsdag, juni 13, 2024

Las Vegas, Nevada, June 13, 2024 (GLOBE NEWSWIRE) -- High Roller Technologies, operator of www.HighRoller.com and www.Fruta.com , premium brands in online gaming and a destination for high rollers, announced today the hiring of Tony Kjaldstrom as General Manager in the Malta office.

Key Points: 
  • Las Vegas, Nevada, June 13, 2024 (GLOBE NEWSWIRE) -- High Roller Technologies, operator of www.HighRoller.com and www.Fruta.com , premium brands in online gaming and a destination for high rollers, announced today the hiring of Tony Kjaldstrom as General Manager in the Malta office.
  • Tony Kjaldstrom brings over 16 years of experience in the online gaming industry to his new role at High Roller.
  • Prior to joining High Roller, Tony was the Chief Operating Officer and Chief Product Officer at Rootz.
  • "Tony Kjaldstrom is an excellent addition to our already robust management team," said Ben Clemes, CEO of High Roller Technologies.

Adalvo Secures First EU Generic Approval for Liraglutide Pre-Filled Pen

Retrieved on: 
torsdag, juni 13, 2024

SAN ĠWANN, Malta, June 13, 2024 (GLOBE NEWSWIRE) -- Adalvo announces the successful DCP approval for Liraglutide pre-filled pen, marking it as the first generic approval in the EU.

Key Points: 
  • SAN ĠWANN, Malta, June 13, 2024 (GLOBE NEWSWIRE) -- Adalvo announces the successful DCP approval for Liraglutide pre-filled pen, marking it as the first generic approval in the EU.
  • As a bioequivalent version of Victoza® pre-filled pen, indicated for the treatment of type 2 diabetes, this peptide drug achieved global sales exceeding $4.8 billion in 2023, as reported by IQVIA.
  • The successful development of Liraglutide highlights Adalvo's capability to offer a diverse and comprehensive diabetes portfolio, encompassing both complex peptide injectables and small molecule oral treatments.
  • Their mission is to be faster and stronger than their competitors, driving their vision forward with a winning team.

Groupbook Simplifies Group Travel and Events Organizing With Innovative Software Platform

Retrieved on: 
torsdag, juni 6, 2024

With the global events industry expected to grow to $2.1 trillion by 2032 , group travel is only going to become even more valuable.

Key Points: 
  • With the global events industry expected to grow to $2.1 trillion by 2032 , group travel is only going to become even more valuable.
  • The solution to this problem is Groupbook , an innovative, business-to-business group accommodation software platform that focuses on the needs of event organizers, automating the process and creating a single point of contact.
  • Groupbook was founded by Doug Freeman, after having encountered problems in group travel, both professionally and personally.
  • We are seeking investors who have experience in the travel and events organizing space, as well as technology partners that will help us further expand our capabilities.”

ElevATE Semiconductor and GlobalFoundries Partner on High-Voltage Chips for Commercial and National Security Applications

Retrieved on: 
onsdag, juni 5, 2024

Designed by ElevATE and manufactured at scale by GF on its proven and power-efficient 7HV technology platform, the chips are vital to both commercial semiconductor testing equipment and critical applications for aerospace and defense systems.

Key Points: 
  • Designed by ElevATE and manufactured at scale by GF on its proven and power-efficient 7HV technology platform, the chips are vital to both commercial semiconductor testing equipment and critical applications for aerospace and defense systems.
  • The agreement outlines GF’s supply of its 7HV chip technology to ElevATE and the marketplace.
  • To meet the demands of commercial clients and the aerospace and defense industry, ElevATE and GF are collaborating to provide restart support and reestablish the production of 7HV chips.
  • Built on GF’s differentiated technologies, these GF-made chips are used in smartphones, automobiles, and communications infrastructure applications around the world.

Eightco’s Forever 8 to attend ITC Malta 2024

Retrieved on: 
tisdag, juni 4, 2024

Easton, PA, June 04, 2024 (GLOBE NEWSWIRE) -- Eightco Holdings Inc. (NASDAQ: OCTO) (the “Company” or “Eightco”) today announced that Forever 8 Fund, LLC (“Forever 8”), a subsidiary of Eightco, will attend ITC Malta 2024, the premier global networking event for the new and used mobile devices and accessories industry.

Key Points: 
  • Easton, PA, June 04, 2024 (GLOBE NEWSWIRE) -- Eightco Holdings Inc. (NASDAQ: OCTO) (the “Company” or “Eightco”) today announced that Forever 8 Fund, LLC (“Forever 8”), a subsidiary of Eightco, will attend ITC Malta 2024, the premier global networking event for the new and used mobile devices and accessories industry.
  • The conference will be held in Malta from June 4-8, 2024, featuring a variety of keynote speakers, exhibitors and attendees from around the world, including representatives from both Forever 8 and Mobi-hub Ltd., its largest refurbished cell phone partner.
  • “We are thrilled to be attending ITC Malta 2024,” said Paul Vassilakos, CEO of Eightco and President of Forever 8.
  • “After being a headline sponsor in 2023, we feel this is the ideal venue to provide the industry a detailed view of the innovative solutions we bring to the mobile device and accessories industry,” added Mr. Vassilakos.

AM Best Comments on Credit Ratings of Randall & Quilter America Holdings Inc.’s Members Following Sale Update

Retrieved on: 
fredag, juni 14, 2024

On June 13, 2024, Randall & Quilter Insurance Holdings Ltd., (R&Q), provided an update on its proposed sale of Accredited to funds advised by Onex Corporation (Onex).

Key Points: 
  • On June 13, 2024, Randall & Quilter Insurance Holdings Ltd., (R&Q), provided an update on its proposed sale of Accredited to funds advised by Onex Corporation (Onex).
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

Bojoko.com Celebrates €75 Million in All-Time Deposits Milestone

Retrieved on: 
måndag, juni 10, 2024

Bojoko.com, the award-winning UK-facing iGaming affiliate website, proudly announces a significant milestone: €75 million in all-time deposits through their platform.

Key Points: 
  • Bojoko.com, the award-winning UK-facing iGaming affiliate website, proudly announces a significant milestone: €75 million in all-time deposits through their platform.
  • This landmark accomplishment solidifies Bojoko.com's position as one of the key affiliates in the UK iGaming market.
  • We are immensely proud of this milestone, which underscores the trust British players have placed in us when comparing and choosing online gambling sites."
  • This milestone serves as motivation to continue pushing boundaries and setting new standards of excellence in the industry."

MINISO Fuels European Growth: Strategic Store Openings

Retrieved on: 
fredag, juni 14, 2024

In the UK alone, MINISO has recently opened stores in prime locations across London, including the bustling Chinatown and the iconic Oxford Street.

Key Points: 
  • In the UK alone, MINISO has recently opened stores in prime locations across London, including the bustling Chinatown and the iconic Oxford Street.
  • These openings are part of a broader push by the brand to expand its reach across the continent, with recent store openings in Spain, France, and Italy.
  • The brand's continued growth in the UK is evident in its recently opened store at the Bluewater Shopping Centre in Kent, near London.
  • Looking ahead, MINISO aims to open more high-quality stores in Europe, bringing its products to more European and global consumers.

Notification of major holding in Kindred Group plc

Retrieved on: 
fredag, juni 14, 2024

VALLETTA, Malta, June 14, 2024 /PRNewswire/ -- Kindred Group plc (Kindred) hereby announces that it, on 12 June 2024, has received a notification of major holding from JPMorgan Chase & Co, a company with its registered office in Wilmington, Delaware, USA.

Key Points: 
  • VALLETTA, Malta, June 14, 2024 /PRNewswire/ -- Kindred Group plc (Kindred) hereby announces that it, on 12 June 2024, has received a notification of major holding from JPMorgan Chase & Co, a company with its registered office in Wilmington, Delaware, USA.
  • The notification refers to an acquisition of financial instruments tied to voting rights in Kindred by JPMorgan Chase & Co.
  • According to the notification, JPMorgan Chase & Co held 5.03% of the shares and voting rights in Kindred as of 10 June 2024.
  • The relevant chain of controlled undertakings can be found in the notification, of which a copy can be found on Kindred's website: https://www.kindredgroup.com/investors/the-share/major-holdings .