CIM

CIM Real Assets & Credit Fund Announces Quarterly Dividend

Tuesday, June 30, 2020 - 11:33pm

CIM Real Assets & Credit Fund announced today that its Board of Directors has declared a quarterly cash dividend of $0.125 per common share for each of July, August and September 2020, representing an annual distribution rate of 6.0% of NAV (as of June 26, 2020) per share.

Key Points: 
  • CIM Real Assets & Credit Fund announced today that its Board of Directors has declared a quarterly cash dividend of $0.125 per common share for each of July, August and September 2020, representing an annual distribution rate of 6.0% of NAV (as of June 26, 2020) per share.
  • CIM RACR (the Fund) is a newly organized, non-diversified, closed-end management investment company, registered under the 1940 Act that continuously offers its common shares and is operated as an interval fund.
  • The Fund invests across real assets and corporate credit, providing an opportunity to invest alongside CIM Groups income-oriented strategies.
  • The Fund is advised by CIM Capital IC Management, LLC and sub-advised by CIM Capital SA Management, LLC and OFS Capital Management, LLC, each of which are investment advisers registered under the Advisers Act and affiliates of CIM Group, LLC.

FACT24 CIM - New Integrated SaaS Solution for Proactive Digital Crisis Management

Wednesday, June 17, 2020 - 10:00am

MUNICH, June 17, 2020 /PRNewswire/ -- F24's FACT24 CIM SaaS solution combines the capabilities of FACT24 and CIM, which have for decades both proved themselves effective in their separate functions.

Key Points: 
  • MUNICH, June 17, 2020 /PRNewswire/ -- F24's FACT24 CIM SaaS solution combines the capabilities of FACT24 and CIM, which have for decades both proved themselves effective in their separate functions.
  • With FACT24 CIM, F24 meets the demand of many crisis and security managers for a solution that enables virtually the entire BCM process chain to be mapped using the same workspace.
  • This includes continuous risk management and monitoring through to emergency notification, comprehensive incident and crisis management up to resuming normal operations.
  • This is why we have developed FACT24 CIM with its three levels of expansion based on the extensive notification functions of FACT24 ENS".

CIM Commercial Trust Responds to Letter from Engine Capital

Tuesday, May 26, 2020 - 12:30pm

CIM Commercial Trust (NASDAQ: CMCT and TASE: CMCT-L) today announced that Richard Ressler, Chairman of the Board of CIM Commercial Trust, has sent the following letter to Engine Capital.

Key Points: 
  • CIM Commercial Trust (NASDAQ: CMCT and TASE: CMCT-L) today announced that Richard Ressler, Chairman of the Board of CIM Commercial Trust, has sent the following letter to Engine Capital.
  • 1345 Avenue of the Americas, 33rd Floor
    We are in receipt of your letter dated May 18, 2020 addressed to the Board of Directors of CIM Commercial Trust Corporation (CMCT or the Company).
  • We also believe that increasing the underlying value of our shares is an equally, if not more, important strategic objective.
  • We hope this response provides additional detail and clarity about the actions undertaken, and in process, regarding each issue in your letter.

CIM Group Launches CIM Real Assets & Credit Fund

Monday, May 4, 2020 - 3:00pm

CIM Group (CIM) announced the launch of CIM Real Assets & Credit Fund (CIM RACR or the Fund), a new closed-end interval fund.

Key Points: 
  • CIM Group (CIM) announced the launch of CIM Real Assets & Credit Fund (CIM RACR or the Fund), a new closed-end interval fund.
  • CIM RACR will primarily invest in real assets and credit and credit-related assets.
  • ALPS Distributors, Inc. is the distributor of the CIM Real Assets & Credit Fund.
  • Investors should consider the investment objectives, risks, charges and expenses of the CIM Real Assets & Credit Fund (Fund) carefully before investing.

CIM Group Acquires 2,468,390 Shares of CIM Commercial Trust

Monday, October 14, 2019 - 1:00pm

CIM Commercial Trust Corporation (Nasdaq: CMCT and TASE: CMCT-L)(CMCT or CIM Commercial Trust) announced today that it has been notified that an affiliate of CIM Group has acquired 2,468,390 shares of common stock of CMCT for $19.1685 per share in a private transaction.

Key Points: 
  • CIM Commercial Trust Corporation (Nasdaq: CMCT and TASE: CMCT-L)(CMCT or CIM Commercial Trust) announced today that it has been notified that an affiliate of CIM Group has acquired 2,468,390 shares of common stock of CMCT for $19.1685 per share in a private transaction.
  • Following this purchase, CIM Group, its affiliates, and officers and directors of CMCT have an aggregate economic interest in approximately 19% of the outstanding shares of CMCT common stock.
  • CIM Commercial Trust is a real estate investment trust that primarily acquires, owns, and operates Class A and creative office assets in vibrant and improving metropolitan communities throughout the United States.
  • CIM Commercial Trust is operated by affiliates of CIM Group, L.P., a vertically-integrated owner and operator of real assets with multi-disciplinary expertise and in-house research, acquisition, credit analysis, development, financing, leasing, and onsite property management capabilities.

Datanomers Presents at Finovate Fall 2019: Grow Your Business by Better Customer Visibility

Monday, September 16, 2019 - 1:48pm

Datanomers CIM helps enterprises grow incremental revenue, while reducing lost revenue by arresting attrition of premium customers.

Key Points: 
  • Datanomers CIM helps enterprises grow incremental revenue, while reducing lost revenue by arresting attrition of premium customers.
  • Datanomers will demonstrate CIM at Finovate Fall which takes place September 23-25, 2019 at the New York Marriott Marquis.
  • "We are thrilled to demonstrate CIM at Finovate to show to a global audience how AI can provide deep customer insights, reduce customer attrition while increasing revenue," said Meeta Pandey, VP, Business Development, Datanomers.
  • Its Customer Insight Manager provides customer insights to improve products and arrests attrition to grow revenue incrementally.

Canada's Top Metallurgy & Materials Engineers 2018 Award recipients announced

Wednesday, July 4, 2018 - 3:00pm

MONTREAL, July 4, 2018 /CNW Telbec/ - The Metallurgy & Materials Society of the Canadian Institute of Mining, Metallurgy and Petroleum (MetSoc of CIM) is pleased to announce the 2018 awards recipients.

Key Points: 
  • MONTREAL, July 4, 2018 /CNW Telbec/ - The Metallurgy & Materials Society of the Canadian Institute of Mining, Metallurgy and Petroleum (MetSoc of CIM) is pleased to announce the 2018 awards recipients.
  • "Over the years, many people and organizations have contributed significantly to the development of the Canadian Metals Industry.
  • The recipients will be recognized in person at the 57th Annual Conference of Metallurgists (COM 2018 hosted at MS&T18) on October 15th, 2018 in Columbus, Ohio.
  • The 2018 Recipients of MetSoc are:

CIM Recognizes Excellence

Tuesday, May 8, 2018 - 3:00pm

VANCOUVER, May 8, 2018 /CNW Telbec/ - It is an evening the mining community highly anticipates each year the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) Awards Gala.

Key Points: 
  • VANCOUVER, May 8, 2018 /CNW Telbec/ - It is an evening the mining community highly anticipates each year the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) Awards Gala.
  • Sponsored by Caterpillar and its Canadian dealers, the CIM Awards Gala recognizes the exceptional contributions individuals and organizations make to the mining and minerals industry.
  • The CIM Convention 2018 is being held at the Vancouver Convention Centre, May 6-9, and the Awards Gala was on Monday, May 7.
  • CIM is dedicated to the advancement of knowledge as well as the promotion of networking, innovation and sustainable practices for the mining industry.