Privatization

Mitsubishi Heavy Industries Power IDS Receives Order for Renovation Project to Upgrade and Enhance Power Output of Steam Turbine Generation Equipment at Waste Incineration Plant in Taiwan

Retrieved on: 
Friday, March 17, 2023
Renwu District, Maintenance, Environmental Protection Administration, Mitsubishi Heavy Industries, Renwu Refuse Incineration Plant, Onyx, Deep Decarbonization Pathways Project, Policy, Carbon, Government, Privatization, Steam, MHI, Engineering, O&M, CO2, Taiwan Cement, Incineration, Recycling, Veolia

- Design optimizations to make the most of existing equipment expected to enhance power generation output markedly, with efficient use of heat derived from waste to contribute to decarbonization in Taiwan.

Key Points: 
  • - Design optimizations to make the most of existing equipment expected to enhance power generation output markedly, with efficient use of heat derived from waste to contribute to decarbonization in Taiwan.
  • TOKYO, Mar 17, 2023 - (JCN Newswire) - Mitsubishi Heavy Industries Power IDS Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, has received an order for a renovation project to enhance the output of steam turbine generators at the Renwu Refuse Incineration Plant, a waste incineration facility in Kaohsiung, Taiwan.
  • The Renwu Refuse Incineration Plant is located in the Renwu District of Kaohsiung City, northeast of the city center.
  • By optimizing the design of the turbine casing and internal equipment based on the changes in operating conditions since the plant was built, the project is expected to enhance power generation output markedly.

Ontario’s 2023 Budget Must Actually Work for Workers

Retrieved on: 
Thursday, March 16, 2023
Superior, Basic goodness, Eviction, Ontario Federation of Labour, OFL, Education, Protecting a Sustainable Public Sector for Future Generations Act, 2019, 2018 Franco-Ontarian Black Thursday, Hospital, Government, Investment, Environment, Growth, Privatization, Ford, Property management

TORONTO, March 16, 2023 (GLOBE NEWSWIRE) -- In advance of the 2023 Provincial Budget, the Ontario Federation of Labour (OFL) says the Ford government must address the hardships that Ontarians are experiencing.

Key Points: 
  • TORONTO, March 16, 2023 (GLOBE NEWSWIRE) -- In advance of the 2023 Provincial Budget, the Ontario Federation of Labour (OFL) says the Ford government must address the hardships that Ontarians are experiencing.
  • The OFL’s 2023 Pre-Budget Submission provides recommendations to address the concerns of working-class people.
  • “Ontarians deserve a budget that improves the lives of working people,” said Patty Coates, Ontario Federation of Labour President.
  • It’s time to actually work for workers.”

BUYOUT ALERT: Kaskela Law LLC Announces Investigation of Radius Global Infrastructure, Inc. Proposed Shareholder Buyout and Encourages Investors to Contact the Firm – RADI

Retrieved on: 
Friday, March 3, 2023
Acquisition, Public Sector Pension Investment Board, EQT, Privatization, Security (finance), Radius

Stockholder litigation firm Kaskela Law LLC announces that it is investigating the proposed privatization of Radius Global Infrastructure, Inc. (NASDAQ: RADI) (“Radius”) on behalf of the Company’s investors.

Key Points: 
  • Stockholder litigation firm Kaskela Law LLC announces that it is investigating the proposed privatization of Radius Global Infrastructure, Inc. (NASDAQ: RADI) (“Radius”) on behalf of the Company’s investors.
  • Following the closing of the proposed transaction, Radius’ shares will no longer be publicly traded.
  • Radius investors are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq.
  • Kaskela Law LLC exclusively represents investors in securities fraud, corporate governance, and merger & acquisition litigation on a contingent basis.

First Capital REIT Releases Letter to Unitholders and Files Meeting Materials for the Upcoming Annual and Special Meeting of Unitholders

Retrieved on: 
Wednesday, March 1, 2023
Professional Services, Other Construction & Property, Commercial Building & Real Estate, Finance, Construction & Property, REIT, First London, ALL, Chair, TSX, Real estate investment trust, First, Trustee, Circular, LLP, Retirement, Privatization, Investment, Letter, BLUE, First Capital REIT, Proxy, RBC Capital Markets, SEDAR, Hunting, Security (finance), Automotive industry, Artis, Sandpiper

The proxy materials present compelling reasons for Unitholders to vote their BLUE Proxy in favour of First Capital’s recommended and refreshed board of trustees (the “Board”).

Key Points: 
  • The proxy materials present compelling reasons for Unitholders to vote their BLUE Proxy in favour of First Capital’s recommended and refreshed board of trustees (the “Board”).
  • First Capital has an independent, qualified Board that is committed to acting in the best interests of ALL unitholders.
  • “I want to thank Andrea on behalf of the entire Board for her significant contributions to First Capital,” said Paul Douglas, Chair of the Board of First Capital REIT.
  • Sandpiper and Artis have a conflicted and self-interested agenda that will disrupt the value creation that is underway at First Capital.

Patients Who Have Been Extra-Billed Thousands of Dollars in Ontario Private Clinics Join Advocates to Call Out Ford Government’s False Claims

Retrieved on: 
Monday, February 27, 2023
Death, Ontario Health (agency), Canada Health Act, Ontario Health Coalition, Hospital, Coalition, Privatization, Medicare, Patient, MRI, Ford, Legislation, Legislative Assembly of Ontario, OHIP, COPD, Government, Operating, Shouldice Hernia Centre, Kingston, Health insurance

TORONTO, Feb. 27, 2023 (GLOBE NEWSWIRE) -- Leda Raptis from Kingston was charged $2,000 for an MRI at a private clinic. She needed the MRI for open heart surgery. When she looked at the bill, the clinic said the charge was for “contrast”. Either way, the two thousand dollar charge is illegal in Ontario and in Canada.

Key Points: 
  • Either way, the two thousand dollar charge is illegal in Ontario and in Canada.
  • Cathy from Niagara was charged $100 for a medically necessary liver scan at a private for-profit clinic.
  • Private clinics cannot attach a medically unnecessary service to a medically necessary surgery or test in order to extra-bill patients.
  • For a fact checker and brief case studies of 20 patients who have been extra-billed thousands of dollars in private clinics in Ontario recently, please go to: https://bit.ly/3IzvN6i

Noranda Income Fund Announces Increased Purchase Price to $1.98 per Priority Unit and Support Agreements with Unitholders representing approximately 22% of Priority Units

Retrieved on: 
Thursday, February 23, 2023
Minority, Financial Stability Board, TSX, Model Business Corporation Act, Acquisition, Privatization, Trustee, Overseas Investment Amendment Act 2018, Chairperson, Trustee Act 2000, Toronto Stock Exchange, SEDAR, Arrangement, Multilateral, Security (finance), Cryptocurrency, Glencore, Fund

The increased purchase price of $1.98 per unit exceeds the top-end of this valuation range.

Key Points: 
  • The increased purchase price of $1.98 per unit exceeds the top-end of this valuation range.
  • Glencore has also entered into lock-up and support agreements (“Support Agreements”) with Riverstyx Capital Management, LM Asset Fund Limited Partnership, LM Asset Management, Daniel Lau and Doug Warwick (the “Supporting Unitholders”), who in the aggregate beneficially own or have control or direction over 8,337,691 priority units or approximately 22% of the priority units of the Fund.
  • The Arrangement, as amended, is subject to the condition that the Supporting Unitholders comply in all material respects with their obligations, covenants and agreements in their Support Agreements.
  • Fund unitholders holding their units through a broker, investment dealer or other intermediary should contact such intermediary without delay if they wish to change their voting instructions.

Sonasoft Corp. Announces Intention to Voluntarily Delist

Retrieved on: 
Wednesday, February 15, 2023
Privatization, OTC Markets Group, Growth, SAN, OTCQB, OTC, FINRA, Management, Security (finance), California Corporate Disclosure Act

SAN JOSE, CA, Feb. 15, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Today, Sonasoft Corp., a California Corporation, (OTCQB: SSFT) (“Sonasoft” or the “Company”) announced its intent to voluntarily delist from the OTC Markets Group OTCQB market, forfeit its “SSFT” ticker symbol, and revert to being a private entity.

Key Points: 
  • SAN JOSE, CA, Feb. 15, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Today, Sonasoft Corp., a California Corporation, (OTCQB: SSFT) (“Sonasoft” or the “Company”) announced its intent to voluntarily delist from the OTC Markets Group OTCQB market, forfeit its “SSFT” ticker symbol, and revert to being a private entity.
  • Prior to taking this decision, Sonasoft’s Board of Directors faithfully exercised its fiduciary responsibility to weigh the potential benefits and risks of these actions.
  • The board saw significantly more benefits than drawbacks, including anticipated material cost savings, a significant reduction in managerial burden and the potential to more effectively attract equity capital as a private entity.
  • Shares in the company will continue to trade on the OTCQB until this notification process is completed.

REMINDER--Local Town Hall Meetings to Stop Ford’s Plans to Privatize Our Local Public Hospitals & Demand Action to Fix the Hospital Crisis

Retrieved on: 
Monday, February 13, 2023
Privatization, Hospital, Patient, Ontario Health Coalition, Ford, Intensive care unit

What: The Ontario Health Coalition is holding local town halls to stop Ford government’s plans to privatize our local public hospitals and demand they take action to fix the crisis in our local hospitals.

Key Points: 
  • What: The Ontario Health Coalition is holding local town halls to stop Ford government’s plans to privatize our local public hospitals and demand they take action to fix the crisis in our local hospitals.
  • The Ford government has done very little to address the crisis in our local public hospitals and instead is using the crisis to push privatization of their services.
  • All across Ontario people have banded together for a century or more to build up our local public hospitals.
  • They take funding, health professionals and less costly surgeries from our local public hospitals.

New Survey: Majority of Data Professionals Consider Public Web Data Crucial to Their Mission

Retrieved on: 
Tuesday, February 14, 2023
Software, Networks, Online Retail, Internet, Other Retail, Professional Services, Philanthropy, Data Management, Technology, Small Business, Retail, Other Philanthropy, Privatization, Cryptocurrency, Online shopping

The study was commissioned by Bright Data , the industry-leading public web data platform, and was conducted by the leading research firm Vanson Bourne.

Key Points: 
  • The study was commissioned by Bright Data , the industry-leading public web data platform, and was conducted by the leading research firm Vanson Bourne.
  • The survey also identified concerns among two thirds (68%) of data professionals that the privatization of public web data would have a negative impact on both business and nonprofit operations.
  • 79 percent agree that, without access to publicly available web data, their organization would not be able to operate effectively.
  • 73 percent agree that they could not accomplish their most important goals without publicly available web data.

High Frequency Rail announcement still leaves questions about VIA Rail sell-off

Retrieved on: 
Friday, February 17, 2023
Private sector, Qualification, Privatization, Government, HFR, Unifor National Council 4000, Transport, Quebec City–Windsor Corridor (Via Rail), Request, Maintenance, Social justice, Request for qualifications, Federation, Via Rail, Partnership, Rail transport, Unifor

MONTREAL, Feb. 17, 2023 /CNW/ - After the federal government's Request for Qualifications for the proposed High Frequency Rail (HFR) line, Unifor is calling on the transportation minister to provide clarity about the long-term plan for VIA Rail.

Key Points: 
  • MONTREAL, Feb. 17, 2023 /CNW/ - After the federal government's Request for Qualifications for the proposed High Frequency Rail (HFR) line, Unifor is calling on the transportation minister to provide clarity about the long-term plan for VIA Rail.
  • "The federal government's passenger rail expansion plans must keep VIA Rail in public hands," said Lana Payne, Unifor National President. "
  • Canadians need high-speed rail , not privatization schemes that make developers richer.
  • Passenger rail is too important to pass off to the lowest bidder."