Memorandum

Chemours Announces Settlement Agreement with State of Ohio

Retrieved on: 
Wednesday, November 29, 2023

The agreement resolves the State’s claims relating to releases of PFAS from the companies’ facilities including the Washington Works facility located along the Ohio-West Virginia border.

Key Points: 
  • The agreement resolves the State’s claims relating to releases of PFAS from the companies’ facilities including the Washington Works facility located along the Ohio-West Virginia border.
  • The agreement also resolves claims relating to the manufacture and sale of PFAS-containing products and the State’s claims related to aqueous film-forming foam (“AFFF”).
  • Consistent with the binding Memorandum of Understanding (MOU) between Chemours, DuPont, and Corteva agreed in January 2021, Chemours will be responsible for 50% of the settlement costs, or $55 million, with DuPont and Corteva responsible for the remaining 50%.
  • Chemours believes this settlement furthers its objective to manage and resolve legacy liabilities, consistent with our MOU framework in coordination with DuPont and Corteva.

SeABank and AEON Financial Service have signed a Memorandum of Understanding for strategic cooperation and exchanged the Capital Transfer Agreement of PTF Financial Company

Retrieved on: 
Monday, December 18, 2023

AEON Financial is a member of the financial sector within the AEON Group, the largest retail conglomerate in Japan, with a strong presence in Japan, China, and Southeast Asia, including Vietnam.

Key Points: 
  • AEON Financial is a member of the financial sector within the AEON Group, the largest retail conglomerate in Japan, with a strong presence in Japan, China, and Southeast Asia, including Vietnam.
  • As of the end of February 2023, AEON Financial has reached 48 million credit card users.
  • The signing of the Memorandum of Understanding for strategic cooperation opens opportunities for SeABank and AEON Financial to deepen collaboration, aiming to become comprehensive partners and maximize the strengths of both parties.
  • Before, SeABank and AEON Financial had signed a contract to transfer the entire capital contribution of SeABank to Postal Finance Company (PTF) for a transfer price of 4,300 billion VND.

Governments of Canada and Newfoundland and Labrador Sign Memorandum of Understanding to Advance Offshore Wind Power and Good Jobs

Retrieved on: 
Wednesday, December 6, 2023

"Newfoundland and Labrador have incredible offshore wind potential, and Canada and Newfoundland and Labrador are seizing this economic opportunity.

Key Points: 
  • "Newfoundland and Labrador have incredible offshore wind potential, and Canada and Newfoundland and Labrador are seizing this economic opportunity.
  • "This MOU between the governments of Canada and Newfoundland and Labrador marks an important step toward catalyzing an offshore wind industry in the province.
  • Marine Renewables Canada looks forward to working with both governments and its members throughout the offshore wind supply chain to advance this promising industry."
  • If you would like a copy of the Memorandum of Understanding between Canada and Newfoundland and Labrador, please contact [email protected]

Minister of Transport announces a Memorandum of Understanding for West Green Shipping Corridor

Retrieved on: 
Wednesday, December 6, 2023

Today, on the margins of COP28, the Minister of Transport, Pablo Rodriguez announced that Canada has signed the Memorandum of Understanding to pursue the establishment of a green shipping corridor between Canada's West Coast and ports in the United Arab Emirates, Korea and Japan.

Key Points: 
  • Today, on the margins of COP28, the Minister of Transport, Pablo Rodriguez announced that Canada has signed the Memorandum of Understanding to pursue the establishment of a green shipping corridor between Canada's West Coast and ports in the United Arab Emirates, Korea and Japan.
  • The Canadian Green Shipping Corridors Framework , released last year, helps guide Canadian organizations and industry in creating green shipping corridors.
  • Green shipping corridors will play a vital role in reducing emissions from the entire range of marine shipping activities.
  • Canadian stakeholders have been leaders on the early development of green shipping corridors by signing agreements to pursue green shipping corridors on routes including Montreal – Antwerp, Halifax – Hamburg, and Pacific Northwest – Alaska.

Hollysys Update: EGM, Sale Process

Retrieved on: 
Wednesday, November 22, 2023

BEIJING, Nov. 22, 2023 /PRNewswire/ -- Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hollysys" or the "Company") today announced its intention to hold a special meeting of shareholders in the week commencing January 22, 2024 following the requests of certain shareholders to convene a special meeting. The decision follows the outcome of the hearing at the Hong Kong High Court with respect to the ownership and control of Ace Lead Profits Limited ("Ace Lead"), one of the requisition shareholders, and its shares in the Company.

Key Points: 
  • BEIJING, Nov. 22, 2023 /PRNewswire/ -- Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hollysys" or the "Company") today announced its intention to hold a special meeting of shareholders in the week commencing January 22, 2024 following the requests of certain shareholders to convene a special meeting.
  • The board of directors of the Company (the "Board") has set November 27, 2023 as the record date for determining the shareholders that are entitled to vote at the special meeting.
  • A proxy statement for the special meeting will be furnished with the SEC in the coming weeks.
  • The Special Committee of the Board has made positive progress with respect to the sale process and will continue the sale process in an expedited manner.

The Green Davos | ECI International Eco-Village (Yucun, China) Innovation Forum was held in Yucun, China.

Retrieved on: 
Monday, November 20, 2023

HUZHOU, China, Nov. 20, 2023 /PRNewswire/ -- On November 17th, the second ECI International Eco-Village (Yucun, China) Innovation Forum was held in Yucun, China.

Key Points: 
  • HUZHOU, China, Nov. 20, 2023 /PRNewswire/ -- On November 17th, the second ECI International Eco-Village (Yucun, China) Innovation Forum was held in Yucun, China.
  • At the forum, representatives from Germany, the United States, Brazil, Kenya and other countries attended, together with many domestic experts and scholars to discuss the international experience of innovative development of eco-villages.
  • The Memorandum of Cooperation and Exchange of the International Belt and Road, the signing of the Global Partnership Program and the preparatory launching of "Global Village Head Forum" were announced.
  • The cooperation between Yucun and ECI started in 2022 with the launch of the projects for "Four Ones" Innovation Engineering on ecological civilization development, which are "One Forum, One ThinkTank, One Award and One Institution".

Resecurity and University of Jeddah Forge Strategic Partnership to Elevate Cybersecurity Education

Retrieved on: 
Saturday, November 18, 2023

This landmark partnership aims to enhance cybersecurity education by delivering cutting-edge training programs and fostering collaboration in key areas of expertise.

Key Points: 
  • This landmark partnership aims to enhance cybersecurity education by delivering cutting-edge training programs and fostering collaboration in key areas of expertise.
  • Students of University of Jeddah will be given an unprecedented opportunity to closely collaborate with industry experts from Resecurity holding CompTIA Security+, CCSP, CISA, CISM, OSCP, CISSP, CTIA, GCIH and CEH certifications.
  • "This partnership marks a significant milestone in advancing cybersecurity education in the Kingdom of Saudi Arabia.
  • This collaboration signifies a shared vision between Resecurity and the University of Jeddah to contribute to the development of a skilled workforce in cybersecurity, ensuring a secure digital environment and beyond in scope of Saudi Arabia's Vision 2030.

UN Foundation Honors Extraordinary Global Leaders at 'We The Peoples' 2023 Awards Ceremony

Retrieved on: 
Friday, November 17, 2023

NEW YORK, Nov. 17, 2023 /PRNewswire-PRWeb/ -- The United Nations Foundation announced on Thursday the recipients of its annual We the Peoples Global Leadership Awards. Named for the inspiring opening words of the UN Charter, the We the Peoples awards recognize pathbreaking leaders and unsung heroes whose achievements have made measurable impacts in charting a course toward a better world for all.

Key Points: 
  • "We gather this year to recognize global leadership and resolve at a moment of profound challenge and strife in our world," said Elizabeth Cousens, President and CEO of the UN Foundation.
  • Deputy Secretary-General Amina J. Mohammed was presented with the marquee Champion for Global Change award by Elizabeth Cousens, UN Foundation President and CEO.
  • And finally, each year the UN Foundation honors the compassion, courage, and determination of UN frontline workers with the UN Heroes Award.
  • The 2023 We the Peoples Awards Ceremony was held at Gotham Hall in New York City.

CNH to strengthen compact tractor portfolio in expanded agreement with LS Tractor

Retrieved on: 
Wednesday, November 8, 2023

CNH Industrial announces its intention to expand its longstanding partnership with LS Tractor – the agricultural tractor division of the OEM LS Mtron.

Key Points: 
  • CNH Industrial announces its intention to expand its longstanding partnership with LS Tractor – the agricultural tractor division of the OEM LS Mtron.
  • The Memorandum of Understanding and the technical cooperation agreement signed aim at expanding the current cooperation with LS Tractor and delivering an extended product offering to capture greater market share and enhance our positioning in the compact tractor segment.
  • This expanded agreement sets forth the financial and industrial terms and conditions to localize the production of select compact tractor models at the CNH manufacturing site in Greater Noida, India and the LS Tractor manufacturing site in South Korea.
  • This will leverage CNH’s manufacturing capabilities and LS Tractor’s components and engineering to increase our speed to market and deliver new solutions for our customers.

EpicQuest Education's Davis College Announces Two New Agreements

Retrieved on: 
Tuesday, November 7, 2023

MIDDLETOWN, Ohio, Nov. 7, 2023 /PRNewswire/ -- EpicQuest Education Group International Limited (NASDAQ: EEIQ), ("EpicQuest Education", "EEIQ" or the "Company"), a provider of comprehensive education solutions for domestic and international students seeking college and university degrees in the US, Canada and the UK, today announced that Davis College recently entered into two agreements signed in October, an Articulation Agreement with Cambie College, located in Vancouver, Canada, and a Memorandum of Understanding with Universidad Isidro Fabelo de Toluca S.C., located in Toluca, Mexico. The two agreements further Davis College's goals of student choice as well as the internationalization of its student life and academic programming.

Key Points: 
  • The two agreements further Davis College's goals of student choice as well as the internationalization of its student life and academic programming.
  • Our potential collaboration with UIFT dovetails with our healthcare career training which is a major focus at Davis College.
  • The Articulation Agreement between Davis College ("Davis") and Cambie College ("Cambie") creates a transfer pathway from Cambie to Davis by facilitating the transfer of credits from Cambie for its students to enroll in Davis' Associate degree programs.
  • EpicQuest Education believes that its collaborative programs for Davis College and EduGlobal College, its two owned and operated colleges, are a key element of its internationalization strategy to expand its academic programming and recruiting.