Manulife

Trip.com Group at World Economic Forum 2024: revealing Asia's biggest untapped opportunities in tourism

Retrieved on: 
Saturday, January 20, 2024

DAVOS, Switzerland, Jan. 20, 2024 /PRNewswire/ -- Leading global travel service provider Trip.com Group is embracing new trends and opportunities in the post-pandemic travel landscape, with its CEO Jane Sun sharing insights at the prominent World Economic Forum (WEF) Annual Meeting held in Davos, Switzerland, this week. Ms Sun also expressed optimism about Asia's continued growth and shared her perspective on its investment potential at the panel discussion titled "Asia – the world's next growth anchor?"

Key Points: 
  • With global tourism approaching a full recovery, Trip.com Group has witnessed strong booking interest in Asia, with Thailand, Japan, and South Korea among the top travel destinations.
  • The Group has also prioritised options such as the rental of electronic vehicles and offering flights with lower carbon emissions.
  • With its vast size, diverse industries, and varying levels of consumer buying power, the investment opportunities are abundant," said Ms Sun.
  • "Equally, we stand poised to usher Asian customers into the global arena, opening doors to boundless opportunities and creating pathways for unprecedented international success."

Manulife Investment Management Publishes Inaugural TNFD Aligned Nature-related Disclosure for Timberland and Agriculture

Retrieved on: 
Thursday, January 18, 2024

TORONTO, Jan. 18, 2024 /PRNewswire/ - Manulife Investment Management (Manulife IM) announced it has published its inaugural timberland and agriculture nature disclosure , aligned with the recommendations of the Taskforce on Nature-related Financial Disclosures (TNFD) .

Key Points: 
  • TORONTO, Jan. 18, 2024 /PRNewswire/ - Manulife Investment Management (Manulife IM) announced it has published its inaugural timberland and agriculture nature disclosure , aligned with the recommendations of the Taskforce on Nature-related Financial Disclosures (TNFD) .
  • As an early supporter of TNFD, Manulife IM will be an early adopter with its publication of its TNFD-aligned disclosure.
  • "Although the TNFD is a recent initiative, we have maintained a longstanding commitment to the responsible stewardship of timberland and farmland for over 30 years," said Brian Kernohan, Chief Sustainability Officer, Private Markets, Manulife Investment Management.
  • Manulife Investment Management's timberland and agriculture team (then operating as Hancock Natural Resource Group) is a founding member of Leading Harvest.

Manulife Investment Management Publishes Inaugural TNFD Aligned Nature-related Disclosure for Timberland and Agriculture

Retrieved on: 
Thursday, January 18, 2024

TORONTO, Jan. 18, 2024 /PRNewswire/ -- Manulife Investment Management (Manulife IM) announced it has published its inaugural timberland and agriculture nature disclosure, aligned with the recommendations of the Taskforce on Nature-related Financial Disclosures (TNFD). As an early supporter of TNFD, Manulife IM will be an early adopter with its publication of its TNFD-aligned disclosure. As the world's largest manager of natural capital, Manulife IM prioritized issuing this report, which outlines its responsible approach to the stewardship of timberland and agricultural assets.1 Manulife IM oversees approximately 5.5 million acres of timberland across the United States, Canada, New Zealand, Australia, Brazil, and Chile and manages approximately 400,000 acres of prime farmland in major agricultural regions of the United States and in Canada, Chile, and Australia. These assets total more than $15 billion as of June 30, 2023, as part of Manulife IM's comprehensive private markets strategies.

Key Points: 
  • TORONTO, Jan. 18, 2024 /PRNewswire/ -- Manulife Investment Management (Manulife IM) announced it has published its inaugural timberland and agriculture nature disclosure , aligned with the recommendations of the Taskforce on Nature-related Financial Disclosures (TNFD) .
  • As an early supporter of TNFD, Manulife IM will be an early adopter with its publication of its TNFD-aligned disclosure.
  • "Although the TNFD is a recent initiative, we have maintained a longstanding commitment to the responsible stewardship of timberland and farmland for over 30 years," said Brian Kernohan, Chief Sustainability Officer, Private Markets, Manulife Investment Management.
  • Manulife Investment Management's timberland and agriculture team (then operating as Hancock Natural Resource Group) is a founding member of Leading Harvest.

Manulife Named to 2024 Corporate Knights Global 100

Retrieved on: 
Wednesday, January 17, 2024

Ranking fourth within the Insurance industry, Manulife recognized for performance in sustainable revenues and investments

Key Points: 
  • Ranking fourth within the Insurance industry, Manulife recognized for performance in sustainable revenues and investments
    DAVOS, Switzerland, Jan. 17, 2024 /PRNewswire/ - Manulife (TSX: MFC) has been named to the 2024 Corporate Knights Global 100 rankings as one of the world's most sustainable companies.
  • Manulife's performance in the Global 100 assessment was driven largely through revenues earned from sustainable sources.
  • Corporate Knights also recognized Manulife's strong long-term focus on diversity at the Board and executive management levels, and in connecting sustainability to compensation and performance.
  • In addition to being named to this year's Global 100, Manulife has also been recognized by Corporate Knights as one of Canada's Top 50 Companies for the last three years.

Manulife Named to 2024 Corporate Knights Global 100

Retrieved on: 
Wednesday, January 17, 2024

DAVOS, Switzerland, Jan. 17, 2024 /PRNewswire/ -- Manulife (TSX: MFC) has been named to the 2024 Corporate Knights Global 100 rankings as one of the world's most sustainable companies. Now in its 20th year, the Global 100 quantitatively compares and ranks how the world's largest publicly traded companies embrace sustainability as part of its strategy, equally emphasizing the impact of a company's operations along with its core products and services on people and the planet. The ranking is based on a rigorous assessment of 6,720 companies with more than US$1 billion in annual gross revenues.  

Key Points: 
  • Ranking fourth within the Insurance industry, Manulife recognized for performance in sustainable revenues and investments
    DAVOS, Switzerland, Jan. 17, 2024 /PRNewswire/ -- Manulife (TSX: MFC) has been named to the 2024 Corporate Knights Global 100 rankings as one of the world's most sustainable companies.
  • Manulife's performance in the Global 100 assessment was driven largely through revenues earned from sustainable sources.
  • Corporate Knights also recognized Manulife's strong long-term focus on diversity at the Board and executive management levels, and in connecting sustainability to compensation and performance.
  • In addition to being named to this year's Global 100, Manulife has also been recognized by Corporate Knights as one of Canada's Top 50 Companies for the last three years.

NineDot Energy Raises $225 Million in Equity Financing to Build and Operate Distributed Battery Energy Storage Projects

Retrieved on: 
Wednesday, January 10, 2024

Manulife Investment Management led the round with a $135 million commitment and concurrently acquired an equity interest.

Key Points: 
  • Manulife Investment Management led the round with a $135 million commitment and concurrently acquired an equity interest.
  • View the full release here: https://www.businesswire.com/news/home/20240110676731/en/
    NineDot Energy Northeast Bronx Battery Site (Photo: Business Wire)
    “We are honored and excited to have Manulife Investment Management as a NineDot equity investor and partner,” said David Arfin, NineDot Energy CEO and co-founder.
  • Recep Kendircioglu, Global Head of Infrastructure, Manulife Investment Management, said: “We have been believers in community-scale battery storage for a long time and are pleased to form a long-term equity partnership with NineDot Energy.
  • In addition, NineDot has approximately 30 projects under construction across the New York metro area, with many more in development.

Pacolet Milliken Acquires Piedmont Green Power to Grow its Sustainable Power and Infrastructure Portfolio

Retrieved on: 
Tuesday, January 9, 2024

GREENVILLE, S.C., Jan. 9, 2024 /PRNewswire/ -- Pacolet Milliken, LLC ("Pacolet"), a sustainability-focused, family-owned investment firm, announced today it has acquired 100% of Piedmont Green Power ("Piedmont") from an affiliate of Atlantic Power & Utilities.

Key Points: 
  • GREENVILLE, S.C., Jan. 9, 2024 /PRNewswire/ -- Pacolet Milliken, LLC ("Pacolet"), a sustainability-focused, family-owned investment firm, announced today it has acquired 100% of Piedmont Green Power ("Piedmont") from an affiliate of Atlantic Power & Utilities.
  • Pacolet Milliken a sustainability-focused investment firm, announced today it has acquired 100% of Piedmont Green Power
    Piedmont utilizes approximately 600,000 tons of woody biomass feedstock annually, 100% of which is wood waste.
  • Piedmont achieved commercial operations in 2013 and sells power to Georgia Power under a long-term power purchase agreement.
  • "This transaction represents a major milestone in continuing the growth and diversification of Pacolet's Power & Infrastructure portfolio and meets both our financial and ESG goals.

Financial 15 Split Corp. At-The-Market Equity Program Renewed

Retrieved on: 
Thursday, December 21, 2023

TORONTO, Dec. 21, 2023 (GLOBE NEWSWIRE) -- Financial 15 Split Corp. (the “Company”) announces it has renewed its at-the-market equity program (“ATM Program”) that allows the Company to issue shares of the Company to the public from time to time at the Company’s discretion, effective until January 20, 2026 unless terminated prior to such date by the Company.

Key Points: 
  • TORONTO, Dec. 21, 2023 (GLOBE NEWSWIRE) -- Financial 15 Split Corp. (the “Company”) announces it has renewed its at-the-market equity program (“ATM Program”) that allows the Company to issue shares of the Company to the public from time to time at the Company’s discretion, effective until January 20, 2026 unless terminated prior to such date by the Company.
  • This program replaces the prior program established in November 2021 that has terminated.
  • Sales of Class A Shares and Preferred Shares through the ATM Program will be made pursuant to the terms of an equity distribution agreement dated December 20, 2023 with National Bank Financial Inc. (the “Agent”).
  • The volume and timing of distributions under the ATM Program, if any, will be determined at the Company’s sole discretion.

M Split Corp. Monthly Dividend Declared for Class I Preferred Shares

Retrieved on: 
Wednesday, December 20, 2023

TORONTO, Dec. 20, 2023 (GLOBE NEWSWIRE) -- M Split Corp. ("M Split") declares its monthly distribution of $0.03125 per share ($0.375 annually) for Class I Preferred shareholders.

Key Points: 
  • TORONTO, Dec. 20, 2023 (GLOBE NEWSWIRE) -- M Split Corp. ("M Split") declares its monthly distribution of $0.03125 per share ($0.375 annually) for Class I Preferred shareholders.
  • The Class I Preferred share dividends are paid at an annual rate of 7.50% based on the $5 notional issue price.
  • Distributions are payable January 10, 2024 to shareholders on record as at December 29, 2023.
  • M Split invests in common shares of Manulife Financial Corporation, the largest life insurer in Canada offering financial products and wealth management services.

North American Financial 15 Split Corp. Regular Monthly Dividend Declaration for Preferred Share

Retrieved on: 
Wednesday, December 20, 2023

TORONTO, Dec. 20, 2023 (GLOBE NEWSWIRE) -- North American Financial 15 Split Corp. (The "Company") declares its regular monthly distribution of $0.07917 for each Preferred share ($0.950 annually).

Key Points: 
  • TORONTO, Dec. 20, 2023 (GLOBE NEWSWIRE) -- North American Financial 15 Split Corp. (The "Company") declares its regular monthly distribution of $0.07917 for each Preferred share ($0.950 annually).
  • Distributions are payable January 10, 2024 to shareholders on record as at December 29, 2023.
  • There will not be a distribution paid to the Class A Shares for December 29, 2023 as per the Prospectus which states no regular monthly dividends will be paid on the Class A shares in any month as long as the net asset value per unit is equal to or less than $15.00.
  • Since inception Class A shareholders have received a total of $16.04 per share and Preferred shareholders have received a total of $10.75 per share inclusive of this distribution, for a combined total of $26.79.