Heritage

Is home bias biased? New evidence from the investment fund sector

Retrieved on: 
Thursday, April 18, 2024
Rule of law, Journal of Accounting Research, Capital control, Domestic, CEPII, Research Papers in Economics, M. B, Regression analysis, Journal of International Economics, Foreign, Economic growth, Methodology, Row, International, Intuition, Risk, Heritage, Economic development, Goethe University Frankfurt, Overweight, Journal of Monetary Economics, Accounting research, International business, Paper, Political economy, Journal of Financial Economics, Environment, Website, United, Category, World Bank, Probability, Medical classification, Sun, Appendix, Handbook, G11, Quarterly Journal of Economics, Frankfurt, Institution, Investment, International economics, Journal of Political Economy, Corporation, G15, Logic, Dow Jones, PDF, Classification, ECB, CEIC, Károlyi, Policy, Outline, Household, Social science, JEL, Real, Bias, FDI, Journal, Research, Journal of Economic Literature, Credit, The Journal of Finance, Literature, Nationalization, European Central Bank, AA, Culture, Growth, Monetary economics, Section 5, Kho, Rule, Rogoff, Developed country, AAA, Finance, SHS, Control, Variable, Section 4, Language, Section 3, Role, Economy, Financial economics, Section 2, Freedom, Central bank, Incidence, Law, The Heritage Foundation, American Economic Review, Obstfeld, SSRN, Foreign direct investment, G23, Corruption, Quarterly Journal, Financial statement analysis, GDP, IMF Economic Review, Schumacher, University, MVI, Demirci, Dependent and independent variables, Lane, Common, Magazine, Bank, Reproduction, Security (finance)
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    One Heritage Group plc: Support from Parent Company with An Extended Debt Facility

    Retrieved on: 
    Wednesday, April 10, 2024
    Heritage

    One Heritage Group PLC (LSE: OHG), the UK-based residential developer, development manager and property manager focused on the North of England, is announcing that its parent company and majority shareholder One Heritage Property Development Ltd (OHPD), in support of the Company, has agreed revised repayment terms of its £14.0 million debt facility (the “Facility”).

    Key Points: 
    • One Heritage Group PLC (LSE: OHG), the UK-based residential developer, development manager and property manager focused on the North of England, is announcing that its parent company and majority shareholder One Heritage Property Development Ltd (OHPD), in support of the Company, has agreed revised repayment terms of its £14.0 million debt facility (the “Facility”).
    • On 15 January 2024, the Company announced that it had extended the facility until the 31 December 2025.
    • A revision to these terms has been agreed to allow the Company to extend repayment by up to 36 months until 31 December 2028.

    One Heritage Group plc: Interim report for the six months ended 31 December 2023

    Retrieved on: 
    Wednesday, April 10, 2024
    Corporate bond, Growth, Heritage, Sale, Victoria Road, Housing, Hand, Shareholder

    One Heritage Group PLC (LSE: OHG), the UK-based residential developer focused on the North of England, announces its half year results for the six months ended 31 December 2023.

    Key Points: 
    • One Heritage Group PLC (LSE: OHG), the UK-based residential developer focused on the North of England, announces its half year results for the six months ended 31 December 2023.
    • Revenue of £9.15m (H1 FY23 for the six month period to 31 December 2022: £5.75m).
    • Commencement of construction for 24 houses at Victoria Road, Eccleshill, West Yorkshire, the Group’s first new build housing project.
    • A revision of the Shareholder loan agreement extending terms to 31 December 2025 with the option to extend for a further 36 months.

    One Heritage Group plc: Directorate Change

    Retrieved on: 
    Wednesday, April 10, 2024
    CIO, Growth, PLC, Heritage, OHG, IPO, Investment, Management

    Peter Cheung has decided to step down from his part time role as Chief Investment Officer (CIO) due to personal reasons.

    Key Points: 
    • Peter Cheung has decided to step down from his part time role as Chief Investment Officer (CIO) due to personal reasons.
    • After some discussion, the Board of Directors accepts and respects his decision and expresses gratitude for his significant contributions throughout his tenure with the Company.
    • To ensure a seamless transition and effective management, the Company has recruited a new Head of Investment, who will officially start in post on 15th April 2024.
    • These enhancements include the option for an extension up to 31st December 2028, at the discretion of the Company.

    One Heritage Group plc: Corporate Bond Update

    Retrieved on: 
    Wednesday, April 10, 2024
    Heritage, Bond, Credit

    One Heritage Group PLC (LSE: OHG), the UK-based residential developer focused on the North of England, is providing an update on the repayment of its £1.5 million unsecured corporate bond due for repayment 15th March 2024.

    Key Points: 
    • One Heritage Group PLC (LSE: OHG), the UK-based residential developer focused on the North of England, is providing an update on the repayment of its £1.5 million unsecured corporate bond due for repayment 15th March 2024.
    • The Company is pleased to have today signed a new 12-month £500,000 unsecured Loan with a Bond holder, at an interest rate of 8% per annum.
    • Due to delayed property refinancing, payment of the remaining £1 million is expected to be repaid by 18th March 2024.
    • The Company is not in default unless the Bond is not repaid by 29th March 2024.

    One Heritage Group plc: Corporate Bond Update

    Retrieved on: 
    Wednesday, April 10, 2024
    Heritage

    One Heritage Group PLC (LSE: OHG), the UK-based residential developer focused on the North of England, is pleased to confirm repayment of its £1.5 million unsecured corporate bond.

    Key Points: 
    • One Heritage Group PLC (LSE: OHG), the UK-based residential developer focused on the North of England, is pleased to confirm repayment of its £1.5 million unsecured corporate bond.
    • As announced 15th March 2024, a new £500,000 unsecured Loan with a Bond holder, at an interest rate of 8% per annum has been signed.

    Heritage Cannabis Obtains Creditor Protection to Pursue Restructuring and Sales Process

    Retrieved on: 
    Tuesday, April 2, 2024
    Heritage, Monitor, Sale, CCAA, Creditor

    The difficult but necessary decision to commence CCAA proceedings was made after careful consideration of the Company’s financial position, while evaluating all available alternatives and engaging in significant consultation with legal and financial advisors.

    Key Points: 
    • The difficult but necessary decision to commence CCAA proceedings was made after careful consideration of the Company’s financial position, while evaluating all available alternatives and engaging in significant consultation with legal and financial advisors.
    • The Initial Order also extends the stay of proceedings to certain U.S. affiliates of the Company who are not applicants in the CCAA proceedings.
    • Heritage intends to seek approval of a sale and investment solicitation process (the “SISP”), which, if approved, would allow interested parties to participate in the process in accordance with the SISP procedures.
    • Additional details in respect of the SISP will be disclosed in due course.

    Heritage Capital Group Appoints Joseph Lemieux, Jr. and Oren Schmidt to Lead Aerospace and Defense Industry Team

    Retrieved on: 
    Tuesday, April 9, 2024
    Teleflex, University of Chicago, Growth, A&D, MRO, Acquisition, University, NYU, Westfield State University, MBA, Marmon Group, Heritage, Long Island University, FINRA, Berkshire Hathaway, Management

    Their extensive experience will enhance Heritage Capital Group's capabilities in the A&D sector.

    Key Points: 
    • Their extensive experience will enhance Heritage Capital Group's capabilities in the A&D sector.
    • Joseph brings over 27 years of leadership in the A&D industries, starting his career in business development at Teleflex Inc. in 1997.
    • He later co-founded Aero-Hose, Corp., a niche value-added manufacturing company focused on fluid conveyance assemblies across commercial, military, and space markets.
    • Heritage Capital Group is a FINRA registered broker-dealer, and a member of Oaklins, the world's most experienced mid-market M&A advisor, with 850 professionals globally and dedicated industry teams in 45 countries worldwide.

    P.F. Flyers Announces Brand Refresh with Expanded Distribution and Partnership with Fashion Retailer, REVOLVE

    Retrieved on: 
    Monday, April 8, 2024
    Partnership, Sand, DTC, Heritage, Love, Collection, Clay, Film industry

    BOSTON, April 8, 2024 /PRNewswire/ -- P.F. Flyers announces a brand refresh which kicks off with a partnership on REVOLVE.com, marking a significant step in P.F. Flyer's expansion beyond DTC and into wholesale distribution. In celebration of merging the legacy of the brand with the next phase of P.F. Flyers, the Desert Adventure collection will be sold exclusively on REVOLVE starting today. Taking its audience on a desert adventure of their own, P.F. Flyers will also be the official sneaker of REVOLVE Festival, taking place in Palm Springs on April 12-13.

    Key Points: 
    • Flyers announces a brand refresh which kicks off with a partnership on REVOLVE.com, marking a significant step in P.F.
    • In celebration of merging the legacy of the brand with the next phase of P.F.
    • Flyers.
    • Flyers' offerings, and that is no different with the debut of the "Desert Adventure" collection, the first shoppable styles on REVOLVE.

    Key Piece of “Titanic” Movie Memorabilia Purchased By Titanic Museum Attraction

    Retrieved on: 
    Thursday, March 28, 2024
    Other Travel, Other Entertainment, Film & Motion Pictures, Travel, General Entertainment, Arts, Museums, Tourist Attractions, Entertainment, Research, Acquisition, Heritage Auctions, Life, Kate Winslet, Heritage, Titanic Museum, Planet Hollywood, Multimedia, Artifact, Collection, Maritime museum, Film industry

    View the full release here: https://www.businesswire.com/news/home/20240328277009/en/

    Key Points: 
    • View the full release here: https://www.businesswire.com/news/home/20240328277009/en/
      Iconic "Titanic" movie prop purchased by Titanic Museum Attractions.
    • Visitors to the Titanic Museum Attraction now will be able to consider for themselves what role the movie artifact could have played in the characters’ survival.
    • Titanic Museum Attractions always look for opportunities to display extraordinary pieces from RMS Titanic as well as exhibiting iconic memorabilia from the widely acclaimed movie.
    • “Being able to obtain this highly-treasured prop used in the 'Titanic' movie is a monumental acquisition for our attraction,” said Mary Kellogg-Joslyn, President of Titanic Museum Attractions.