Pacific Century Group

MoneyHero Group Reports Third Quarter 2023 Results

Retrieved on: 
Wednesday, December 6, 2023
Acquisition, Pacific Century Group, Insurance, Adjustment, Growth, Investment, Exercise

SINGAPORE, Dec. 06, 2023 (GLOBE NEWSWIRE) -- MoneyHero Limited (Nasdaq:MNY) (“MoneyHero” or the “Company”), a market leading personal finance aggregation and comparison platform in Greater Southeast Asia, today announced financial results for the quarter ended September 30, 2023.

Key Points: 
  • SINGAPORE, Dec. 06, 2023 (GLOBE NEWSWIRE) -- MoneyHero Limited (Nasdaq:MNY) (“MoneyHero” or the “Company”), a market leading personal finance aggregation and comparison platform in Greater Southeast Asia, today announced financial results for the quarter ended September 30, 2023.
  • Prashant Aggarwal, Chief Executive Officer, stated, “In a robust display of market performance, MoneyHero Group achieved notable milestones across multiple regions during the third quarter.
  • Notably, the insurance product segment across the Group has seen a 150% revenue increase in Q3 year-over-year, contributing significantly to group revenue.
  • This strategy began to yield results in Q3 2023, with 27% quarter-on-quarter revenue growth.

FIII HONG KONG INVESTOR SUMMIT 7/8 DECEMBER BRINGS LEADERS TOGETHER TO ADDRESS HUMANITY'S BIGGEST CHALLENGES

Retrieved on: 
Friday, December 8, 2023
FII, Belt, Future Investment Initiative Institute, Woman, HKEX, Li Ka-shing, Research, Policy, Investment, City, Climate, Government, Commerce, Blockchain, Humanity, USD, Public Investment Fund, Automation, Partnership, Pacific Century Group, BOC International, GCC, Empathy, MENA, Loneliness, Commissioner, Cryptocurrency, Agriculture, Film industry, Hong Kong, AI

Investors and leaders from across Asia have gathered in Hong Kong with counterparts from around the world at an international summit to address global challenges, and the mobilisation of investment as a force for good.

Key Points: 
  • Investors and leaders from across Asia have gathered in Hong Kong with counterparts from around the world at an international summit to address global challenges, and the mobilisation of investment as a force for good.
  • John Lee, Chief Executive, Hong Kong Special Administrative Region, welcomed the FII Institute to Hong Kong in the presence of Paul Chan, Financial Secretary, and Laura M Cha, Chairman of Hong Kong Exchanges and Clearing Limited (HKEX).
  • The summit, held in partnership with Hong Kong Exchanges and Clearing Limited (HKEX), is taking place at HKEX Connect Hall today, Thursday 7 December and tomorrow, Friday 8 December 2023.
  • Nicholas Ho, Commissioner for Belt & Road, The Government of the Hong Kong Special Administrative Region described Hong Kong as a "true global hub" and outlined his vision to strengthen Hong Kong as the regional headquarter for MENA region business.

FIII HONG KONG INVESTOR SUMMIT 7/8 DECEMBER BRINGS LEADERS TOGETHER TO ADDRESS HUMANITY'S BIGGEST CHALLENGES

Retrieved on: 
Friday, December 8, 2023
FII, Belt, Future Investment Initiative Institute, Woman, HKEX, Li Ka-shing, Research, Policy, Investment, City, Climate, Government, Commerce, Blockchain, Humanity, USD, Public Investment Fund, Automation, Partnership, Pacific Century Group, BOC International, GCC, Empathy, MENA, Loneliness, Commissioner, Cryptocurrency, Agriculture, Film industry, Hong Kong, AI

Investors and leaders from across Asia have gathered in Hong Kong with counterparts from around the world at an international summit to address global challenges, and the mobilisation of investment as a force for good.

Key Points: 
  • Investors and leaders from across Asia have gathered in Hong Kong with counterparts from around the world at an international summit to address global challenges, and the mobilisation of investment as a force for good.
  • John Lee, Chief Executive, Hong Kong Special Administrative Region, welcomed the FII Institute to Hong Kong in the presence of Paul Chan, Financial Secretary, and Laura M Cha, Chairman of Hong Kong Exchanges and Clearing Limited (HKEX).
  • The summit, held in partnership with Hong Kong Exchanges and Clearing Limited (HKEX), is taking place at HKEX Connect Hall today, Thursday 7 December and tomorrow, Friday 8 December 2023.
  • Nicholas Ho, Commissioner for Belt & Road, The Government of the Hong Kong Special Administrative Region described Hong Kong as a "true global hub" and outlined his vision to strengthen Hong Kong as the regional headquarter for MENA region business.

Inaugural Asia FII PRIORITY Summit Powered By FII Institute To Take Place In Hong Kong On 7 & 8 December

Retrieved on: 
Wednesday, December 6, 2023
FII, Arm, ACWA Power, HKEX, Investment, Future Investment Initiative Institute, Global Changemakers, COP28, BRICS, KAUST, Government, Goldman Sachs, PRIORITY, Public Investment Fund, Movement, Treasury, HE, Financial services, Friends, Partnership, Pacific Century Group, HRH, AI, Life, Schneider Electric, Education, ESG, Tutoring, Arms industry, Renewable energy, Management, Hong Kong

RIYADH, Saudi Arabia, Dec. 6, 2023 /PRNewswire/ -- HE Yasir Al-Rumayyan, Governor of the Public Investment Fund (PIF) of Saudi Arabia and Chairman of the Future Investment Initiative (FII) Institute, will introduce the inaugural Asia FII PRIORITY Summit in Hong Kong next week. 

Key Points: 
  • Welcoming the FII Institute to Hong Kong will be John Lee, Chief Executive of the Hong Kong Special Administrative Region; Paul Chan, Financial Secretary; Christopher Hui, Secretary for Financial Services and the Treasury; and Laura Cha, Chairman of HKEX.
  • The FII Institute is a global data-driven non-profit foundation with an investment arm and one agenda: to make a positive 'impact on humanity'.
  • Richard Attias, chief executive of the FII Institute:  "Hong Kong has a hugely important role as a global business hub and a place for investors to connect.
  • With our partners, the Hong Kong Government Special Administrative Region and HKEX, we are honoured to bring our inaugural Asia summit and movement to this great city.

Inaugural Asia FII PRIORITY Summit Powered By FII Institute To Take Place In Hong Kong On 7 & 8 December

Retrieved on: 
Wednesday, December 6, 2023
FII, Arm, ACWA Power, HKEX, Investment, Future Investment Initiative Institute, Global Changemakers, COP28, BRICS, KAUST, Government, Goldman Sachs, PRIORITY, Public Investment Fund, Movement, Treasury, HE, Financial services, Friends, Partnership, Pacific Century Group, HRH, AI, Life, Schneider Electric, Education, ESG, Tutoring, Arms industry, Renewable energy, Management, Hong Kong

RIYADH, Saudi Arabia, Dec. 6, 2023 /PRNewswire/ -- HE Yasir Al-Rumayyan, Governor of the Public Investment Fund (PIF) of Saudi Arabia and Chairman of the Future Investment Initiative (FII) Institute, will introduce the inaugural Asia FII PRIORITY Summit in Hong Kong next week. 

Key Points: 
  • Welcoming the FII Institute to Hong Kong will be John Lee, Chief Executive of the Hong Kong Special Administrative Region; Paul Chan, Financial Secretary; Christopher Hui, Secretary for Financial Services and the Treasury; and Laura Cha, Chairman of HKEX.
  • The FII Institute is a global data-driven non-profit foundation with an investment arm and one agenda: to make a positive 'impact on humanity'.
  • Richard Attias, chief executive of the FII Institute:  "Hong Kong has a hugely important role as a global business hub and a place for investors to connect.
  • With our partners, the Hong Kong Government Special Administrative Region and HKEX, we are honoured to bring our inaugural Asia summit and movement to this great city.

Southwest Gas Provides Leadership Update For Centuri

Retrieved on: 
Monday, November 27, 2023
Retirement, NYSE, Pacific Century Group, Airline, Management, Southwest Gas

LAS VEGAS, Nov. 27, 2023 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) ("Southwest Gas" or the "Company") announced today that Paul M. Daily has informed the Company of his intention to retire in 2024 as President and Chief Executive Officer ("CEO") of Centuri Group, Inc. ("Centuri"), a wholly owned subsidiary of Southwest Gas. The Company and Mr. Daily intend that he remain as CEO of Centuri until his successor is appointed.  Accordingly, Southwest Gas will commence a search, with the assistance of a leading executive search firm, to identify the next CEO of Centuri, considering both internal and external candidates. Mr. Daily will assist with the selection of his successor and facilitate the transition of his responsibilities.

Key Points: 
  • LAS VEGAS, Nov. 27, 2023 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) ("Southwest Gas" or the "Company") announced today that Paul M. Daily has informed the Company of his intention to retire in 2024 as President and Chief Executive Officer ("CEO") of Centuri Group, Inc. ("Centuri"), a wholly owned subsidiary of Southwest Gas.
  • Accordingly, Southwest Gas will commence a search, with the assistance of a leading executive search firm, to identify the next CEO of Centuri, considering both internal and external candidates.
  • "On behalf of the team at Southwest Gas and Centuri, I would like to thank Paul for his leadership as CEO of Centuri over the past eight years," said Karen Haller, President and Chief Executive Officer of Southwest Gas.
  • The Company reaffirms both Southwest Gas and Centuri financial guidance.

22nd Century Group Continues VLN® Expansion, Now Retailing in More Than 5,100 Stores

Retrieved on: 
Wednesday, November 8, 2023
FDA, Health, XXII, Smoking, Century, Pacific Century Group, Disease, Smoker, Nicotine, Tobacco

With these latest additions, 22nd Century Group’s FDA-authorized VLN® reduced nicotine content cigarettes can now be found at more than 5,100 store locations spanning 23 states, including the addition of Washington, Oregon, Kentucky, and Louisiana.

Key Points: 
  • With these latest additions, 22nd Century Group’s FDA-authorized VLN® reduced nicotine content cigarettes can now be found at more than 5,100 store locations spanning 23 states, including the addition of Washington, Oregon, Kentucky, and Louisiana.
  • “The addition of over 500 new VLN® sales locations has propelled us beyond the noteworthy milestone of 5,100 stores.
  • We are pleased that an increasing number of adult smokers now have access to this important product if they are seeking new ways to reduce their smoking habit,” said Miller.
  • VLN® is the first and only FDA authorized combustible cigarette labelled as a tobacco harm reduction product.

22nd Century Group (XXII) Expands Reduced Nicotine Content Tobacco IP with Latest Technology License

Retrieved on: 
Tuesday, November 7, 2023
FDA, Patent, Health, Smoke, Smoking, GMO, Century, Pacific Century Group, North Carolina State University, Public, Smoker, Nicotine, IP, Heated tobacco product, MRTP, Tobacco

BUFFALO, N.Y., Nov. 07, 2023 (GLOBE NEWSWIRE) -- 22nd Century Group, Inc. (Nasdaq: XXII ), a leading biotechnology company focused on utilizing advanced plant technologies to improve health and wellness with reduced nicotine tobacco, hemp/cannabis, and hops, today announced the signing of an additional reduced nicotine content technology license with North Carolina State University.

Key Points: 
  • BUFFALO, N.Y., Nov. 07, 2023 (GLOBE NEWSWIRE) -- 22nd Century Group, Inc. (Nasdaq: XXII ), a leading biotechnology company focused on utilizing advanced plant technologies to improve health and wellness with reduced nicotine tobacco, hemp/cannabis, and hops, today announced the signing of an additional reduced nicotine content technology license with North Carolina State University.
  • The latest license provides additional modes of efficiently producing reduced nicotine content tobacco plants, extending 22nd Century’s already extensive IP portfolio.
  • The license will provide 22nd Century Group exclusive rights to the technology until 2042.
  • “This latest license further enhances and expands on our capabilities to produce reduced nicotine content tobacco plants as we work to bring these innovative products to market for the betterment of public health, including by enhancing our capability to produce reduced nicotine content tobacco plants suitable for international markets that are opposed to genetically modified plants.”
    Under terms of the exclusive license, 22nd Century will have full use of the patent rights and plant materials to develop and commercialize reduced nicotine content tobacco using this latest non-GMO technology, which further enables worldwide marketability of the Company’s VLN® reduced nicotine content products.

22nd Century Group (XXII) Reports Third Quarter 2023 Financial Results

Retrieved on: 
Monday, November 6, 2023
Adjustment, FDA, Research, Biomass, Health, EBITDA, XXII, OMB, Smoking, Death, Tobacco, Century, VLN, Office of Management and Budget, Disease, Pacific Century Group, Marketing, Interim, TD, Public, Smoker, Table, Nicotine, Management, Menthol, MRTP, Insurance, Rare-earth element, Video game, Pharmaceutical industry, Drug, Music, CBD

Sales of VLN were modest in the quarter as the brand is still largely unknown to our target market and our marketing capabilities are limited given our current financial condition,” said John Miller, Interim Chief Executive Officer of 22nd Century Group.

Key Points: 
  • Sales of VLN were modest in the quarter as the brand is still largely unknown to our target market and our marketing capabilities are limited given our current financial condition,” said John Miller, Interim Chief Executive Officer of 22nd Century Group.
  • Gross profit for the third quarter of 2023 was $(2.0) million, as compared to $0.6 million in the prior year period.
  • Adjusted EBITDA posted a third quarter of 2023 loss of $11.2 million, compared to the prior year period loss of $11.0 million, and compared to second quarter of 2023 of $16.0 million.
  • In light of the ongoing strategic alternatives process, as previously disclosed, 22nd Century Group, Inc. will not be holding a conference call event in conjunction with its third-quarter results report.

22nd Century Group (XXII) Supports FDA Policy Advancements, Proposed Menthol Ban Now at OMB

Retrieved on: 
Thursday, October 26, 2023
FDA, Policy, Publishing, Health, White House, US Food Sovereignty Alliance, XXII, OMB, Smoking, Pacific Century Group, Disease, Interim, Public, Smoker, Management, Death, Tobacco

In April 2022, the FDA stated that these proposed policies had the potential to reduce disease and death associated with smoking and support smoking cessation.

Key Points: 
  • In April 2022, the FDA stated that these proposed policies had the potential to reduce disease and death associated with smoking and support smoking cessation.
  • The policy submissions, originally expected earlier this year, are more than a decade in the making.
  • The FDA officially began exploring the concept of a menthol ban in July 2013.
  • “The FDA has taken a significant step forward to enact federal enforcement on these important public health policies,” said John Miller, Interim Chief Executive Officer of 22nd Century Group.