BERMUDA

Over 70 Hopeful Startups Primed for Hong Kong Mega Event of EPiC 2024 Grand Finale

Retrieved on: 
Wednesday, March 13, 2024

This year, HKSTP has handpicked a star judging panel of leading figures from the Hong Kong innovation scene to determine the winners at EPiC 2024.

Key Points: 
  • This year, HKSTP has handpicked a star judging panel of leading figures from the Hong Kong innovation scene to determine the winners at EPiC 2024.
  • The current Grand Finale final judges include:
    Ar Donald Choi, JP, Executive Director & Chief Executive Officer, Chinachem Group;
    Jonathan Chiu, Hong Kong President, Schneider Electric (Hong Kong) Limited.
  • Photo 1: HKSTP successfully completed regional Elevator Pitch Competition 2024 (EPiC) Hong Kong Semi-final on 29 February 2024, with 12 of the Hong Kong's brightest innovators selected to participate in EPiC 2024 Grand Finale on 26 April 2024.
  • Photo 2: HKSTP successfully completed regional Elevator Pitch Competition 2024 (EPiC) Stuttgart Semi-final on 4-5 March 2024, with 20 of the European brightest innovators selected to participate in EPiC 2024 Grand Finale on 26 April 2024.

James River Commences Litigation Against Fleming Intermediate Holdings to Enforce Stock Purchase Agreement

Retrieved on: 
Monday, March 11, 2024

James River will seek expedited relief from the Court to require Fleming to close the transaction.

Key Points: 
  • James River will seek expedited relief from the Court to require Fleming to close the transaction.
  • James River brings this action in response to the refusal of Fleming to complete the fully negotiated transaction that it executed in November.
  • James River will take all actions necessary to protect its interests, enforce James River’s rights under the SPA and compel Fleming to complete the transaction in accordance with its terms.
  • As long as James River continues to own JRG Re, James River will continue to operate and support JRG Re and its cedents as it has throughout its ownership.

TRILLION ENERGY ANNOUNCES CFO AND DIRECTOR CHANGE

Retrieved on: 
Friday, March 8, 2024

Vancouver, B.C., March 08, 2024 (GLOBE NEWSWIRE) -- Trillion Energy International Inc. (“Trillion” or the “Company”) (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62) has announced the appointment of David Thompson as Interim CFO and a search for a permanent Chief Financial Officer (CFO).

Key Points: 
  • Vancouver, B.C., March 08, 2024 (GLOBE NEWSWIRE) -- Trillion Energy International Inc. (“Trillion” or the “Company”) (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62) has announced the appointment of David Thompson as Interim CFO and a search for a permanent Chief Financial Officer (CFO).
  • David Thompson, a director and former CFO of the Company has agreed to act and has been appointed as interim CFO until a new permanent CFO is appointed.
  • He has served as president and CEO of Sea Dragon Energy Inc. (London exchange: SDX), Financial Director of Forum Energy Plc (AIM) and SVP at Larmag Group of Companies.
  • Kubilay Yildirim has resigned as a director of Trillion Energy effective immediately.

NMI Holdings, Inc. Announces CFO Transition

Retrieved on: 
Monday, March 4, 2024

EMERYVILLE, Calif., March 04, 2024 (GLOBE NEWSWIRE) -- NMI Holdings, Inc. (Nasdaq: NMIH) today announced the appointment of Aurora Swithenbank as Executive Vice President and Chief Financial Officer, effective May 1, 2024.

Key Points: 
  • EMERYVILLE, Calif., March 04, 2024 (GLOBE NEWSWIRE) -- NMI Holdings, Inc. (Nasdaq: NMIH) today announced the appointment of Aurora Swithenbank as Executive Vice President and Chief Financial Officer, effective May 1, 2024.
  • Ms. Swithenbank will succeed Ravi Mallela, who has held the role since 2022 and will remain with the company until Ms. Swithenbank’s appointment to ensure a seamless transition.
  • As Chief Financial Officer, he has helped us deliver strong growth in our high-quality insured portfolio, best-in-class credit performance, and record financial results.
  • We wish Ravi the best as he continues his successful career.”

Brookfield Renewable Completes Annual Filings

Retrieved on: 
Friday, March 1, 2024

These documents are available at bep.brookfield.com (or for Brookfield Renewable Corporation, at bep.brookfield.com/bepc ), on SEC’s website at www.sec.gov and on SEDAR+’s website at www.sedarplus.ca.

Key Points: 
  • These documents are available at bep.brookfield.com (or for Brookfield Renewable Corporation, at bep.brookfield.com/bepc ), on SEC’s website at www.sec.gov and on SEDAR+’s website at www.sedarplus.ca.
  • Brookfield Renewable operates one of the world’s largest publicly traded platforms for renewable power and sustainable solutions.
  • Investors can access the portfolio either through Brookfield Renewable Partners L.P. (NYSE: BEP; TSX: BEP.UN), a Bermuda-based limited partnership, or Brookfield Renewable Corporation (NYSE, TSX: BEPC), a Canadian corporation.
  • Brookfield Renewable is the flagship listed renewable power and transition company of Brookfield Asset Management, a leading global alternative asset manager with over $900 billion of assets under management.

VEON announces the issuance of previously authorized shares representing approximately 4.99% of total share capital

Retrieved on: 
Friday, March 1, 2024

As a result of the issuance, VEON will have 1,849,190,667 issued and outstanding ordinary shares.

Key Points: 
  • As a result of the issuance, VEON will have 1,849,190,667 issued and outstanding ordinary shares.
  • The issuance of the ordinary shares in accordance with bye-law 3.1 of the VEON bye-laws represents approximately 4.99% of VEON's authorised ordinary shares.
  • The shares will be initially issued to VEON Holdings BV (and in accordance with Bermuda law are considered fully issued and outstanding shares).
  • The ordinary shares will be issued at a price of USD 0.001 per share, which is equal to the nominal value of VEON's ordinary shares.

Kiniksa Pharmaceuticals Reports Fourth Quarter and Full-Year 2023 Financial Results and Recent Portfolio Execution

Retrieved on: 
Wednesday, February 28, 2024

HAMILTON, Bermuda, Feb. 28, 2024 (GLOBE NEWSWIRE) --  Kiniksa Pharmaceuticals, Ltd. (Nasdaq: KNSA) (Kiniksa), a commercial-stage biopharmaceutical company with a pipeline of immune-modulating assets designed to target a spectrum of cardiovascular and autoimmune diseases, today reported fourth quarter and full-year 2023 financial results and recent portfolio execution.

Key Points: 
  • Total revenue for the fourth quarter of 2023 was $83.4 million, compared to $61.9 million for the fourth quarter of 2022.
  • Total operating expenses for the fourth quarter of 2023 were $83.3 million, compared to $55.8 million for the fourth quarter of 2022.
  • Net income for the fourth quarter of 2023 was $25.2 million, compared to net income of $4.5 million for the fourth quarter of 2022.
  • Kiniksa will host a conference call and webcast at 8:30 a.m. Eastern Time on Wednesday, February 28, 2024, to discuss fourth quarter and full-year 2023 financial results and recent portfolio execution.

Textainer Announces Shareholder Approval of Its Pending Acquisition by Stonepeak and Receipt of Required Antitrust Approvals

Retrieved on: 
Friday, February 23, 2024

Upon closing the acquisition, Textainer’s common shareholders will have the right to receive $50.00 per common share in cash without interest and subject to any applicable withholding taxes.

Key Points: 
  • Upon closing the acquisition, Textainer’s common shareholders will have the right to receive $50.00 per common share in cash without interest and subject to any applicable withholding taxes.
  • Consequently, the depositary shares issued in respect of such preference shares will represent a 1/1000th interest in a corresponding preference share of the surviving company.
  • The redemption of preference shares of the surviving company will result in the corresponding redemption of the depositary shares issued in respect of the preference shares.
  • All required antitrust approvals that are conditions to closing the proposed transaction under the related merger agreement have been received and, subject to the satisfaction those conditions that by their nature are to be satisfied at the closing, the acquisition is currently anticipated to close on or about March 14, 2024.

Teekay Tankers Ltd. Reports Fourth Quarter and Annual 2023 Results and Declares Dividend

Retrieved on: 
Thursday, February 22, 2024

HAMILTON, Bermuda, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Teekay Tankers Ltd. (Teekay Tankers or the Company) (NYSE: TNK) today reported the Company's results for the quarter and year ended December 31, 2023 and announced that its Board of Directors has declared a cash dividend of $0.25 per share for the quarter ended December 31, 2023.

Key Points: 
  • HAMILTON, Bermuda, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Teekay Tankers Ltd. (Teekay Tankers or the Company) (NYSE: TNK) today reported the Company's results for the quarter and year ended December 31, 2023 and announced that its Board of Directors has declared a cash dividend of $0.25 per share for the quarter ended December 31, 2023.
  • The cash dividend is payable on March 15, 2024 to all shareholders of record as at March 4, 2024.

Teekay Corporation Reports Fourth Quarter and Annual 2023 Results

Retrieved on: 
Thursday, February 22, 2024

HAMILTON, Bermuda, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Teekay Corporation (Teekay or the Company) (NYSE:TK) today reported results for the three and twelve months ended December 31, 2023.

Key Points: 

HAMILTON, Bermuda, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Teekay Corporation (Teekay or the Company) (NYSE:TK) today reported results for the three and twelve months ended December 31, 2023.