Raffles

Galaxy Entertainment Group Selected Unaudited Q3 2022 Financial Data

Retrieved on: 
Thursday, November 10, 2022

Galaxy Entertainment Group (GEG, Company or the Group) (HKEx stock code: 27) today reported results for the three-month period ended 30 September 2022.

Key Points: 
  • Galaxy Entertainment Group (GEG, Company or the Group) (HKEx stock code: 27) today reported results for the three-month period ended 30 September 2022.
  • Group Adjusted EBITDA was $(581) million, Vs $503 million in Q3 2021 and $(384) million in Q2 2022.
  • Galaxy Macaus Adjusted EBITDA was $(299) million Vs $454 million in Q3 2021 and $(188) million in Q2 2022.
  • Normalized Q3 2022 Adjusted EBITDA was $(561) million, Vs $483 million in Q3 2021 and $(408) million in Q2 2022.

AM Best Affirms Credit Ratings of Raffles Insurance Limited

Retrieved on: 
Friday, October 28, 2022

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of a (Excellent) of Raffles Insurance Limited (Raffles) (Cayman Islands).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of a (Excellent) of Raffles Insurance Limited (Raffles) (Cayman Islands).
  • For current Bests Credit Ratings and independent data on the captive and alternative risk transfer insurance market, please visit www.ambest.com/captive .
  • 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 Bests Credit Ratings, Bests Performance Assessments, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .

Bertis Establishes U.S. Operations to Bring Novel Proteomics-Based Diagnostics to the U.S. Market

Retrieved on: 
Tuesday, October 11, 2022

SEOUL, Korea, Oct. 11, 2022 /PRNewswire/ -- Bertis Inc., a South Korean proteomics-based precision medicine technology company, announced today it has established a U.S.-based wholly-owned entity to expand the company's global presence and primarily provide access to the growing U.S. clinical testing market.

Key Points: 
  • The company has successfully commercialized in South Korea MASTOCHECKTM, the world's first proteomics-based breast cancer blood test solution.
  • Bertis has gained a foothold in the Asian market by recently signing a contract with one of Singapore's largest medical groups, Raffles Medical Group, to supply MASTOCHECKTM.
  • Recently, Bertis' research team presented protein biomarkers for early diagnosis of high-grade serous ovarian cancer (HGSOC) with 95% accuracy4.
  • Bertis' capabilities range from cancer, disorder biomarker discovery, low-cost diagnostics manufacturing and analysis services.

Zrou to Present Chinese Take on Plant-Based Food in Global Debut at Javits Center

Retrieved on: 
Monday, September 5, 2022

Now Chinas leading plant-based meat brand plans to make its international debut at the 2022 Plant-based World Expo, held on September 8-9 at the Javits Center in New York.

Key Points: 
  • Now Chinas leading plant-based meat brand plans to make its international debut at the 2022 Plant-based World Expo, held on September 8-9 at the Javits Center in New York.
  • Already, Zrou is served extensively across China in over 130 HORECA locations and 55 school & corporate canteens across 18 cities.
  • Notably in 2021, Zrou announced a partnership with Accor Group , the largest hospitality company in Europe and the sixth largest worldwide.
  • The North American leg will take place from September 8-9 at the Javits Center in New York.

FAIRMONT HOTELS & RESORTS ANNOUNCES SIGNING OF FAIRMONT THE BREAKERS, LONG BEACH

Retrieved on: 
Thursday, July 28, 2022

TORONTO, July 28, 2022 /PRNewswire/ -- Fairmont Hotels & Resorts, part of world leading hospitality group Accor, in partnership with Long Beach-based investment and development group Pacific6, today announced the redevelopment of the iconic Breakers Hotel in Long Beach, California. A timeless feature of the Long Beach skyline, Fairmont The Breakers, Long Beach has a character and soul all its own. Originally opened in the roaring twenties as a lavish hotel on the waterfront, The Breakers was a sought-after destination for celebrities and dignitaries, including Elizabeth Taylor, Cary Grant, Babe Ruth and Clark Gable, among other Hollywood stars. The historic property is currently undergoing a significant restoration and redevelopment, and is slated to reopen in 2023 as Long Beach's first luxury boutique hotel.  

Key Points: 
  • A timeless feature of the Long Beach skyline, Fairmont The Breakers, Long Beach has a character and soul all its own.
  • "We are honored to play a role in the exciting redevelopment of Fairmont The Breakers, Long Beach.
  • "Fairmont has a long and successful history in operating luxury hotels and is the perfect partner to bring The Breakers, Long Beach to life.
  • Upon its opening, Fairmont The Breakers, Long Beach will join ALL - Accor Live Limitless , Accor's award-winning lifestyle loyalty program.

Raffles Bali is inviting all well-travelled connoisseurs on a journey of a lifetime to the ultra-luxury resort in Bali

Retrieved on: 
Thursday, July 7, 2022

DENPASAR, Indonesia, July 7, 2022 /PRNewswire/ -- Raffles Bali is an intimate oasis of emotional well-being located in beautiful Jimbaran Bay.

Key Points: 
  • DENPASAR, Indonesia, July 7, 2022 /PRNewswire/ -- Raffles Bali is an intimate oasis of emotional well-being located in beautiful Jimbaran Bay.
  • The resort is perched on a hill offering unparalleled views of the ocean and its own secluded beach.
  • With just 32 well-appointed pool villas, providing utmost relaxation and generosity of space featuring their own outdoor terrace and private pool.
  • This intimate bar brings the Raffles heritage to Bali, with the bespoke Raffles Bali Sling.

Raffles Bali is inviting all well-travelled connoisseurs on a journey of a lifetime to the ultra-luxury resort in Bali

Retrieved on: 
Thursday, July 7, 2022

DENPASAR, Indonesia, July 7, 2022 /PRNewswire/ -- Raffles Bali is an intimate oasis of emotional well-being located in beautiful Jimbaran Bay.

Key Points: 
  • DENPASAR, Indonesia, July 7, 2022 /PRNewswire/ -- Raffles Bali is an intimate oasis of emotional well-being located in beautiful Jimbaran Bay.
  • The resort is perched on a hill offering unparalleled views of the ocean and its own secluded beach.
  • With just 32 well-appointed pool villas, providing utmost relaxation and generosity of space featuring their own outdoor terrace and private pool.
  • This intimate bar brings the Raffles heritage to Bali, with the bespoke Raffles Bali Sling.

Friends of Upland Animal Shelter Launches Medical Care Fundraiser to Save Lives

Retrieved on: 
Saturday, June 4, 2022

Friends of Upland Animal Shelter invites the community to participate in its FURst Aid Campaign for medical care donations.

Key Points: 
  • Friends of Upland Animal Shelter invites the community to participate in its FURst Aid Campaign for medical care donations.
  • With 2,200+ animals on average entering the shelter each year, medical care is one of the shelters biggest expenses.
  • Andy Peterson, Friends of Upland Animal Shelter Board President commented, Our medical donation drive is very timely this year.
  • Friends of Upland Animal Shelter is a local non-profit 501(c)(3) organization dedicated to saving shelter pets at Upland Animal Shelter and in the Inland Empire region.

Galaxy Entertainment Group Selected Unaudited Q1 2022 Financial Data

Retrieved on: 
Thursday, May 12, 2022

Galaxy Entertainment Group (GEG, Company or the Group) (HKEx stock code: 27) today reported results for the three month period ended 31 March 2022.

Key Points: 
  • Galaxy Entertainment Group (GEG, Company or the Group) (HKEx stock code: 27) today reported results for the three month period ended 31 March 2022.
  • View the full release here: https://www.businesswire.com/news/home/20220511006186/en/
    Bar Chart of GEG Adjusted EBITDA (Graphic: Business Wire)
    I wish to take this opportunity to update you on the Macau market and our financial performance in Q1 2022.
  • In Q1 2022, the Group posted Net Revenue of $4.1 billion, down 20% year-on-year and down 14% quarter-on-quarter.
  • In Q1 2022, the Groups Normalized Adjusted EBITDA was $572 million after adjusting for good luck of $3 million, down 24% year-on-year and down 38% quarter-on-quarter.

Raffles Financial Shareholders Update

Retrieved on: 
Monday, April 11, 2022

Singapore, Singapore--(Newsfile Corp. - April 11, 2022) - Raffles Financial Group Limited (CSE: RICH) (FSE: 4VO) (OTCQX: RAFFF) ("RFG" or the "Company") The Company wishes to give its shareholders an update on the audit status and business development of the Company.

Key Points: 
  • Singapore, Singapore--(Newsfile Corp. - April 11, 2022) - Raffles Financial Group Limited (CSE: RICH) (FSE: 4VO) (OTCQX: RAFFF) ("RFG" or the "Company") The Company wishes to give its shareholders an update on the audit status and business development of the Company.
  • Apart from this, in compliance with health protocols, the Raffles Financial Group is observing the avoidance of in-person visits and continues to work from home with the deployment of online communication tools.
  • Nevertheless, we have utilised the deep local representations and client's networks of the two technology operators Bruce Ventures Private Limited and Dayou Investment Limited (Now renamed as Raffles Financial Technology (Asia) Limited and Raffles Financial Technology (China) Limited respectively) to expand our Finlass business unit.
  • About Raffles Financial Group Limited (CSE: RICH) (FSE: 4VO) (OTCQX: RAFFF)
    Raffles Financial Group is listed on the Canadian Securities Exchange Purchasable under the stock symbol (CSE: RICH), the Frankfurt Stock Exchange Purchasable under the stock symbol (FSE: 4VO) and the OTC Markets under the stock symbol (OTCQX: RAFFF).